Time: 2024-09-13
With U.S. stock future trading slightly lower_berth this morning , some of the stocks that may grab investor focus are SelectQuote , Inc. , Adobe , Inc. , Cheetah Mobile Inc. , RH , and Oracle Corporation . Adobe report better - than - expect net_income for its one-third one-fourth , while RH report strong - than - expect fiscal consequence for the second one-fourth . Oracle reportedly state it see FY29 gross of at least 04 billion.
investor are speculate about the scope of an expect Federal Reserve interest rate cut next week . Boeing worker in the US West Coast vote to go on strike , putt extra pressure on the planemaker during a time when its safety record has semen under examination . Oracle better its 2026 gross target , sending share higher in widen hours trading.
More than 30,000 Boeing worker will go on strike after the company 's factory employee in the US Pacific Northwest vote for a work arrest over demand for higher wage . The strike present challenge for the aerospace giant , with report screening 96 % of member of Boeing 's large labor union vote in favor of the strike . This strike represent another major headwind for the planemaker and its new Chief Executive Officer Kelly Ortberg.
share in Oracle rose by More than 6 % in widen hours trading after the database software group unveil a gross mentality for its 2026 fiscal year that exceed analyst ' expectation . The company now expect to post gross of 6 billion during the time_period , with a prognosis of 04 billion in gross by 2029 and annual net_income growth of 20 % . Oracle has been hike by a spike in demand for cloud computer_science from the rapidly - growth artificial intelligence industry.
oil monetary_value rose in European trade on Friday , as concern over supply break stem from Hurricane Francine help petroleum recoil from near three - year low . Despite concern over deceleration demand , oil monetary_value are on path for a positive stopping_point to the week.
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