Lockheed Martin Rises, Oracle Gains, Visa Drops on Stablecoin Report
On this episode of Stock Movers:- Lockheed Martin (LMT) shares rise. Earlier this week, there was a report that the Department of Defense will cut its order of F-35s by half. Thursday, the Congressional Budget Office found that operating and support costs of F-35 fighter jets stabilized after a period of decline. That was in response to President Trump's order in April to review all major defense acquisition programs.- Oracle (ORCL) shares gain. The stock was raised to outperform from market perform at BMO Capital Markets, citing confidence that the software company can grow its operating…
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