Oracle Falls, Intel Rises, Keurig Dr Pepper Drops as Holder Said to Be Selling 59.1 Million Shares
About this episode
This episode discusses the stock movements of Oracle, Intel, and Keurig Dr Pepper based on recent financial reports and market activities.
n this episode of Stock Movers: - Oracle (ORCL) shares declined after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, and plans to raise another $40 billion in equity and debt. - Intel (INTC) shares rose as much as 12% after BofA Global Research raised its recommendation to buy from underperform on expected growth from central processing unit sales. - Keurig Dr Pepper (KDP) shares drop. A large holder is selling 59.1 million shares of beverage maker Keurig Dr Pepper Inc. in an unregistered block trade marketed for $31.10 to $31.70 per share, according to people familiar with the matter. See omnystudio.com/listener for privacy information.
Topics covered
- stock market
- business news
- technology
- investments
- corporate earnings
Keywords
- Oracle
- Intel
- Keurig Dr Pepper
- stock market
- BofA Global Research
- capital expenditures
- share selling
Mentioned in this episode
Organizations: Oracle, Intel, Keurig Dr Pepper, BofA Global Research
Places: United States
More episodes of Stock Movers
- Closing Bell: SpaceX Soars, Roku Gains, Space Stocks Decline
- SpaceX Jumps in Debut, EchoStar, AST SpaceMobile & Other Space Companies Fall
- Adobe Falls, Lennar Dips, Medline Slips as Analysts Flag Impact From Facility Fire
- CoreWeave Gains, Lennar Drops, Adobe Falls After CFO Departs
- SpaceX Debuts on NASDAQ; Adobe Reports; Exxon Mobil Dips
- Equinor Falls, Ryanair Gains, Nokia Rises
Explore listener stats, chart rankings, contacts and more on the Stock Movers podcast page.