I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.In my previous post on ServiceNow (NYSE: NOW ), I reiterated my “buy” rating on the stock as the company continued to see strong enterprise momentum in Q2 FY25 , whileAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest ca ...

Company Performance - Synopsis reported a significant decline in stock price, down over 30% after missing earnings expectations, with adjusted earnings of $3.39 per share on sales of $1.74 billion, which was below market forecasts [1][2] - GameStop experienced a positive reaction in the market, with net sales rising to $972.2 million from $798 million year-over-year, and earnings per share of 25 cents, surpassing the expected 16 cents [9][10] - Novo Nordisk announced a workforce reduction of 9,000 jobs, approximately 12% of its global workforce, to reallocate resources towards diabetes and weight loss drugs, aiming to free up $1.26 billion [15][16] Market Challenges - Synopsis cited a challenging geopolitical backdrop, particularly export restrictions on China, which led to hesitance in long-term investments from customers [4][6] - Novo Nordisk faces tough competition from Eli Lilly in the weight loss market, impacting its market share and overall stock performance [17][18] - GameStop's performance is still under pressure year-to-date despite recent gains, indicating ongoing volatility in its stock [12][13] Strategic Moves - Synopsis is taking actions to enhance competitive advantage and drive long-term growth, despite a conservative outlook for the current quarter due to headwinds [3][6] - GameStop's revenue growth was driven by hardware and accessories, which saw a 140% increase, alongside the successful launch of the Nintendo Switch 2 [10][11] - Novo Nordisk's restructuring aims to shift resources into commercial execution initiatives and R&D programs to better compete in the market [15][16] IPO Developments - Clana, a Swedish buy now pay later company, is reviving its IPO plans after earlier delays, pricing the IPO at $40 per share, valuing the company at approximately $15 billion [22] - The company had previously seen its valuation drop from $46 billion in 2021 to $6.7 billion in 2022, indicating significant market fluctuations [22]

Oracle shares surged nearly 40% Wednesday – on track for its best day since 1999 – on jaw-dropping projections that the software giant will reap half a trillion dollars in the future from its AI business.In the first quarter, Oracle signed four multibillion-dollar contracts with three separate customers, CEO Safra Catz said in an earnings release on Tuesday.“We have signed significant cloud contracts with the who’s who of AI, including OpenAI, xAI, Meta and many others,” Catz said during a call with investo ...

We have senior markets correspondent Kevin Green with us. Um also taking a look at the big picture on the market. I will mention Oracle folks is up 32% now.Good morning Kevin. What are you watching here. Well obviously Nicole as you kind of talked about Oracle leading the way here for technology and we are seeing the technology sector right now up over 1% in today's session.That's really kind of keeping us afloat here as we do have some defensive rotation also taking place here today. utilities catching a l ...

Core Insights - Synopsys Inc. shares fell 21% in premarket trading after reporting fiscal Q3 results that missed expectations and provided weak guidance due to U.S. restrictions on chipmaking equipment sales to China [1] Financial Performance - For the quarter ended July 31, Synopsys reported adjusted earnings of $3.39 per share on revenue of $1.74 billion, falling short of forecasts of $3.80 and $1.77 billion [1] - Design automation revenue increased by 23% year-over-year, including a $77 million contribution from Ansys, while the IP segment declined by 8% due to export restrictions and weaker customer fees [2] Future Guidance - For Q4, Synopsys guided adjusted earnings of $2.76 to $2.80 per share on revenue of $2.23 billion to $2.26 billion, significantly below expectations of $4.14 and $2.59 billion [3] - Fiscal 2025 EPS is forecasted at $12.76 to $12.80 on revenue of $7.03 billion to $7.06 billion, compared to estimates of $14.58 and $7.45 billion [3]

On the stock market today, Rubrik stock retreated 17% to near 82 in morning trading. Rubrik sells a cloud computing-based data backup and recovery platform aimed at protecting companies from ransomware attacks. About 85% of Rubrik's revenue comes from subscription software sales. Key Financial Metric BREAKING: Indexes Mixed As Oracle Skyrockets Rubrik (RBRK) stock collapsed on Wednesday after the company reported a narrower-than-expected second- quarter loss while revenue topped expectations. The company's ...

每经编辑｜陈柯名 甲骨文股价在周二美股盘后交易中飙升超28%，创下该公司自1999年以来最大单日涨幅。 埃里森。图片来源：视觉中国 公司创始人Larry Ellison（拉里·埃里森）的财富一夜暴增700亿美元(约合4985亿元人民币)。据彭博亿万富翁指数显示，他总财富达到3640亿美元，与目前 全球首富、身家3840亿美元的马斯克仅有一步之遥。 埃里森现年81岁，是甲骨文联合创始人、现任董事长兼首席技术官，他的大部分净资产都与这家数据库软件公司紧密相连。 北京时间周三晚，甲骨文美股开盘直线拉升，大涨超40%。此前，甲骨文旗下金融服务软件公司（Oracle Financial Services Software）的股价在孟买飙升 10%，成交量是三个月全天平均水平的9倍。 | 今开 | 319.190 | | 最高 | 339.690 | | 成交量 | 3038万股 | | --- | --- | --- | --- | --- | --- | --- | --- | | 昨收 | 241.510 | | 最低 | 312.101 | | 成交额 | 98.35亿 | | 换手率 | 1.08% | | 市 ...

Core Insights - Oracle's shares increased by 30% in premarket trading following a positive cloud revenue outlook despite weaker-than-expected fiscal first-quarter results [1] - Remaining performance obligations rose 359% year-over-year to $455 billion, significantly exceeding estimates of $178 billion [1] - CEO Safra Catz indicated that Oracle anticipates securing "several additional multi-billion-dollar" cloud clients in the near future [1] Financial Performance - Oracle's cloud infrastructure division is projected to surpass $500 billion in booked revenue [2] - OCI revenue is expected to grow by 77% this year, reaching $18 billion, and is forecasted to hit $144 billion within four years [2] - For Q1, adjusted earnings were reported at $1.47 per share on revenue of $14.93 billion, slightly below expectations of $1.48 per share and $15.04 billion in revenue [2]

S&P 500 and Nasdaq Composite rose to hit new record highs on Wednesday as wholesale prices declined unexpectedly, which further supports the case for a rate cut by the US Federal Reserve.Investors now await consumer inflation data on Thursday, which could have a major implication on the decision to be taken by the Fed in its next meeting.Oracle was among the early gainers, with its shares rising by a massive 35%, pulling Nasdaq to new records after reports that multi-cloud database revenue from Amazon, Goog ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today. First up, US stock futures pushing higher as Oracle shares surge after a blowout outlook in its latest earnings report. Equities are set to open at record highs again following the results, which offered a robust forecast for Oracle's cloud infrastructure business. Wall Street forecasters are now rushing to boost their outlooks for the S&P 500 amid renewed enthusiasm around the ...