Oracle (ORCL) is higher after Microsoft (MSFT and Google partnerships despite an earnings miss. James Demmert discusses this as Oracle hits a new all-time high after earnings. He highlights that Alphabet (GOOGL) and OpenAI deals will bring in significant revenue to Oracle. He also previews Adobe’s (ADBE) earnings which will be released Thursday, postmarket. He’s looking for more A.I. traction in revenue from digital media and cloud services. Tune in to find out more about the stock market today.
Morning Trade Live
12 Jun 2024
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