Oracle Soars on Strong AI Cloud Sales; Campbell’s Cuts Outlook; Nvidia Invests $2 Billion to Nebius
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Oracle (ORCL) shares soared in early trading after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing. - Campbell’s (CPB) cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods. - Nvidia (NVDA). will invest $2 billion in Nebius Group (NBIS) as part of a strategic partnership to develop and build artificial…
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