Oracle’s Stock Price Declined As The Company’s Revenue Growth Fell Short Of Expectations
Oracle’s stock fell over 8% after the company reported lower-than-expected earnings and guidance. For the fiscal first quarter that ended on August 31, Oracle reported a revenue of $12.45 billion which was almost in line with what analysts had predicted. The revenue increased by 9% from the previous year, and when adjusted for currency it […]
Tesla’s stock jumps 10% on news of potential $500 billion market cap increase from Dojo supercomputer, says Morgan Stanley
Tesla’s stock soared by up to 10% on Monday, adding over $70 billion to its market value, thanks to Morgan Stanley upgrading the stock to “Overweight.” Morgan Stanley’s new optimism towards the electric vehicle company is driven by the potential of its Dojo supercomputer, which the bank believes can add another $500 billion to Tesla’s […]