Oracle Cloud Sales Boost Results; Cintas Agrees to Buy UniFirst; JPMorgan Restricts Private Credit Lending
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Oracle (ORCL) shares rise after the software company reported third-quarter results that beat expectations and also raised its full-year revenue forecast. Analysts note strength in its Oracle Cloud Infrastructure business. - Cintas (CTAS) has agreed to buy UniFirst (UNF) in a cash-and-stock deal valuing the uniform supplier at $5.5 billion, clinching a years-long pursuit of its rival.- JPMorgan Chase (JPM) is restricting some lending to private credit funds after marking down the value of certain loans in…
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