ORCL Sep 2024 125.000 put
- Yahoo Finance Video
Consumer confidence, Nvidia rebounds, space regulation: Catalysts
The Conference Board reports that June's consumer confidence print peaked just above expectations at 100.4 against forecasts of 100.0. Consumer confidence has fallen from May's print of 101.3. Nuveen CIO Saira Malik joins the show to discuss the current state of the economy and whether the US is headed toward a recession. She also explores how Thursday's debate between President Joe Biden and former President Donald Trump will impact markets. Nvidia (NVDA) and bitcoin (BTC-USD) are rebounding after dropping in Monday's trading session. With Big Tech companies like the "Magnificent Seven" seeing significant gains in the last year, Josh Schafer investigates whether this market concentration is a flaw or merely a feature of the current market. Goldman Sachs has launched coverage on entertainment powerhouse Walt Disney Company (DIS). The investment firm has initiated a Buy rating on the stock, coupled with a bullish price target of $125 per share. Oracle (ORCL) has warned that the proposed TikTok ban could negatively impact the company's operations and revenue. The tech giant provides TikTok with cloud infrastructure and services. China's Chang'e 6 lunar probe recently returned from the far side of the moon with rock samples. As competition for space resources heats up, questions about regulation and international cooperation are particularly salient. Space Foundation space commerce and entrepreneurship vice president Kelli Kedis Ogborn joined the show for Yahoo Finance's Space Week to give insight into the space industry and potential regulations. For more expert insight and the latest market action, click here.
- Yahoo Finance Video
How a TikTok ban could impact Oracle financially
Oracle (ORCL) has warned that the proposed TikTok ban could negatively impact the company's operations and revenue. The tech giant provides cloud infrastructure and services to TikTok. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Investor's Business Daily
Oracle Warns About TikTok Ban. Why Cloud Business Could Take A Hit.
Oracle stock was lower after the company wrote in a regulatory filing that it could take an earnings hit if TikTok is banned.
