Oracle Slips, SK Hyynix Debuts on Nasdaq, Meta Gains
Today's biggest winners and losers in the stock market, a look at the notable movers:On this episode of Stock Movers:- Credit rating firm S&P Global Ratings downgraded Oracle (ORCL) to the lowest investment-grade rating, citing the tech company’s growing spending on artificial intelligence. S&P said Oracle’s AI business needs significant upfront investment and long-term data center leases, and expects Oracle’s operations to burn through $42 billion of cash in fiscal 2027.- SK Hynix American depositary receipts jumped 15% above their offering price, after the South Korean…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.