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Oracle just delivered another quarter of strong cloud growth and promptly reminded investors why its stock is increasingly hard to live with. Behind the company’s record revenue sits a financing machine running at “full throttle” – burning through free cash flow and relying heavily on debt at a pace that would make even the most… Continue reading Oracle stock may be one AI slowdown away from disaster

Austin-headquartered Oracle (ORCL) is in focus at writing, as the cloud and AI infrastructure firm warms up to report its fiscal Q4 earnings after market close on Jun. 10. Consensus is for the Nasdaq-listed behemoth to post $1.96 a share of earnings for its fourth quarter, on a 20% year-on-year increase in revenue to $19.1… Continue reading Why Oracle earnings are significant for Intel, AMD stock

Devon Energy (NYSE: DVN) shares climbed more than 6% on Wednesday after analysts responded positively to the company’s latest operational update and outlook following its acquisition of Coterra Energy earlier this year. The rally came after Evercore ISI upgraded Devon to Outperform, citing what it described as a “better-than-expected mid-month update.” Investors also assessed new… Continue reading Devon Energy stock jumps 6% as analysts back Coterra integration

Nvidia NVDA shares fell 2% on Wednesday as technology stocks remained under pressure amid a broader market selloff, even as analysts continued to highlight the chipmaker’s strong position in the artificial intelligence market. The broader market moved lower during the session, with the Dow Jones Industrial Average falling 711 points, or 1.4%. The S&P 500… Continue reading Nvidia drops 2%: Why Wall Street remains bullish

Palantir’s chief executive, Alex Karp, made headlines this morning as he told CNBC he was “rooting for” SpaceX ahead of what is shaping up to be the largest initial public offering (IPO) in the history of the stock market.  Karp, whose own company has partnered with SpaceX on defense proposals including the Golden Dome missile… Continue reading Palantir CEO says he’s ‘rooting for’ SpaceX IPO: Should you too?

Sandisk SNDK shares rose about 4% on Wednesday, outperforming a weaker broader market as Wall Street analysts continued to grow more optimistic about the company’s position in the rapidly expanding NAND memory market. However, the stock shed some of the gains and was trading 1.54% higher at the time of writing. The latest gains follow… Continue reading Why is SanDisk stock rising today?

Shares of major less-than-truckload (LTL) transportation companies fell on Wednesday. The decline came after Amazon unveiled a broader expansion of its freight business, raising concerns that the e-commerce giant could become a stronger competitor in the freight and logistics market. The selloff hit several leading LTL carriers, with Old Dominion Freight Line dropping more than… Continue reading Amazon’s freight push sinks LTL stocks but analysts say investors overreacted

Chewy Inc (CHWY) opened in the “red” this morning after coming in shy of EPS estimates for its fiscal Q1 and offering guidance that signals continued weakness in the current quarter. Investors are bailing on CHWY mostly because the financial release reinforces CEO Sumit Singh’s recent comment that the US consumer is more “stretched” than… Continue reading Chewy stock sinks on Q1 earnings, creating opportunity for long-term investors