Live Updates: Nasdaq Composite Rises But Oracle (ORCL) & MongoDB (MDB) Plummet
Briefly

Today, the broader market showed a mixed response, with major indexes experiencing subtle shifts and Alphabet stocks notably rebounding after some sluggish performance yesterday.
After the announcement of its new quantum chip, Willow, Alphabet shares struggled initially but surged by 4.80%, marking them as the standout in the recent technological upswing.
Oracle's revenue fell short of market expectations, generating $14.06 billion against a forecasted $14.12 billion, sparking mixed reactions among investors, despite its strong year-to-date performance.
Investors seem divided on Oracle in the wake of its earnings report, with firms like RBC Capital maintaining cautious positions while others view the price drop as a chance to buy.
Read at 24/7 Wall St.
[
|
]