Oracle stock falls after report reveals thin margins in AI cloud business
Monday’s market has seen notable fluctuations among various stocks, with significant movements particularly in the mega-cap and large-cap categories. Stocks such as Tesla Motors (TSLA) and Oracle Corp (ORCL) have experienced notable increases, while others like Insmed (INSM) faced declines. Here’s a closer look at some of the key stock movers across different market cap ranges during today’s trading session.
Mega-Cap Movers:
- Tesla Motors (TSLA): +5.2%; a significant uptick amid the auto industry’s evolving landscape.
- Oracle Corp (ORCL): +3.06%; continues to show strong performance with a solid year-to-date return.
- Google Inc (GOOGL): +4.13%; the tech giant sees a rise as it expands its market presence.
Large-Cap Stock Movers:
- Seagate Technology (STX): +7.3%; leading the pack with impressive year-to-date returns.
- World Wrestling Entertainment; TKO announces $1 billion share repurchase program: +4.51%
- Western Digital (WDC): +5.16%; data storage solutions continue to drive growth.
- Insmed (INSM): -2.88%; despite the drop, the company has had a strong year-to-date performance.
- Bloom Energy Corp (BE): -4.06%; today’s decline contrasts with its significant year-to-date gains.
Mid-Cap Stock Movers:
- Figure Technology Solutions Ltd (FIGR): +19.08%; today’s top mid-cap mover with a substantial increase.
- Rambus Inc (RMBS): +13.86%; the technology solutions provider sees a spike in investor interest.
- Cryptyde; aTyr Pharma’s sarcoidosis drug misses primary endpoint despite benefits: -16.43%
- Social Capital Hedosophia Hold II (OPEN): +10.58%; a remarkable surge amidst market volatility.
Small-Cap Stock Movers:
- Life Tech Corp; aTyr Pharma’s sarcoidosis drug misses primary endpoint despite benefits: -81.34%
- East Stone Acquisition Corp; Robo.ai signs joint venture to build industrial city in Dubai: +33.01%
- Breeze Holdings Acquisition (YDES): -19.88%; experiencing a significant drop during the session.
- Armada Acquisition I (RZLV): +15.76%; investors show renewed interest in the company’s prospects.
- Cree Inc. (WOLF): +10.77%; the stock rallies despite broader market challenges.
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