General Mills Rises, Oracle Falls, Nvidia Drops on News of OpenAI, Amazon Talks
On this episode of Stock Movers:- General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales.- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent…
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