Stock Movers

On this episode of Stock Movers:
- Oracle (ORCL) delivered quarterly cloud computing revenue that exceeded Wall Street’s expectations, though the company’s gross margins narrowed. Sales in the cloud infrastructure business jumped to $7.4 billion, above analysts’ estimates of $7.19 billion on average, and the company added 850 megawatts of data center capacity in the quarter. Oracle reported $28.5 billion in capital expenditures and booked more than $30 billion of additional AI cloud contracts during the quarter, raising its remaining performance obligations to $664 billion. Shares of Oracle surged in trading earlier in the day today, before giving back some of those gains.
- Microsoft (MSFT) plans to more than triple its data center capacity to help overcome a computing shortage that has forced it to turn away some AI and cloud business. The company's data center capacity will have more than 38 gigawatts of capacity in 2032, up from about 12 gigawatts now, according to people familiar with the plans. A shortage of computing power has been the company's biggest impediment, prompting some customers to take new business elsewhere and frustrating Microsoft salespeople eager to sell cloud and artificial intelligence services. Shares of Microsoft rallied in trading on Friday.
- Adobe (ADBE) gave an outlook for sales that narrowly missed analysts’ estimates when it released earnings on Thursday, adding fuel to concerns that artificial intelligence upstarts are hurting the software maker’s business. Shares of Adobe fell in extended trading after earnings and have been mixed today.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Oracle (ORCL) shares gain after the software company’s results featured better-than-expected cloud revenue amid strong AI demand.
- Microsoft (MSFT) plans to more than triple its data center capacity, an effort that could help the company overcome a computing shortage that has forced it to turn away some AI and cloud business.
- Adobe (ADBE) gave an outlook for sales that narrowly missed analysts’ estimates, adding fuel to concerns that artificial intelligence upstarts are hurting the software maker’s business.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kroger (KR) is moving as it trimmed its annual sales guidance due to fierce competition for grocery spending.
- Oracle (ORCL) shares are higher as the software company’s results featured better-than-expected cloud revenue amid strong AI demand.
- Restoration Hardware (RH) shares are on the move after the home furnishing retailer’s quarterly earnings beat amid a weaker housing market and consumer spending environment.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Oracle (ORCL) shares are solidly in the green this morning after the software company’s results featured better-than-expected cloud revenue amid strong AI demand.
- Adobe (ADBE) shares are sinking after it gave an outlook for sales that narrowly missed analysts’ estimates, adding fuel to concerns that artificial intelligence upstarts are hurting the software maker’s business.
- Microsoft (MSFT) shares are moving on news it plans to more than triple its data center capacity to help overcome a computing shortage that has forced it to turn away some AI and cloud business.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk shares fall as much as 2% on Tradegate after the obesity drug giant was downgraded at Morgan Stanley. Analysts believe its valuation does not reflect “subdued” mid-term growth prospects.
- UK homebuilder Berkeley Group called for urgent stamp duty reforms to help achieve the government’s housing goals and warned that the impact of the ongoing Iran war has been longer than expected.
See omnystudio.com/listener for privacy information.