Oracle Capital Expenses; Micron Jumps; Alibaba and JD.com Slide
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Oracle (ORCL) shares are lower after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027.- Micron (MU) shares are higher as memory stocks turn higher. Morgan Stanley writes a correction in memory stocks including Samsung and SK Hynix is “necessary,” but shares can get a further leg up after this “healthy reset” given that DRAM is…
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