Previous Close | 20.61 |
Open | 21.02 |
Bid | 18.40 |
Ask | 19.50 |
Strike | 120.00 |
Expire Date | 2024-06-14 |
Day's Range | 19.45 - 21.02 |
Contract Range | N/A |
Volume | |
Open Interest | 1.8k |
On today's edition of Market Domination Overtime, Yahoo Finance's Julie Hyman and Josh Lipton break down the market close and the trading day's biggest stories. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) closed at record highs while the Dow Jones Industrial Average (^DJI) fell into the red. This comes off the back of the Federal Reserve leaving interest rates unchanged as inflation cools. BNP Paribas Managing Director and Senior Multi-Asset Specialist Mark Howard explains that while the Fed's decision was noteworthy, May's Consumer Price Index (CPI) "was the real mover" of markets. The report triggered a rally in tech stocks and relieved Treasury yields. Oracle (ORCL) stock closed at an all-time high, boosted by its partnership announcement with Alphabet's Google (GOOG, GOOGL) and OpenAI. Broadcom (AVGO) is also on the rise after reporting second quarter results that topped Wall Street estimates on both the top and bottom lines. The company also announced a 10-for-1 stock split and a quarterly dividend of $5.25 per share. As Tesla (TSLA) shareholders are currently voting on CEO Elon Musk's pay package valued at $46 billion, the California Public Employees' Retirement System (CalPers) — which holds 9.2 million Tesla shares — disclosed it will vote against Musk's compensation package. Yahoo Finance Legal Reporter Alexis Keenan explains what Tesla shareholders have to gain from approving the pay package and the reasons why shareholders would vote it down. Yahoo Finance shared a poll at the start of the trading week, asking whether Tesla shareholders should approve Musk's pay package. Well over 400,000 respondents have participated in the poll, 96% of which voted "No." This post was written by Melanie Riehl
Oracle is fresh off an all-time high on Wednesday amid new AI deals for the database software giant. On Thursday, the Relative Strength (RS) Rating for Oracle stock popped to 86, from below 80 on Wednesday. The upgraded 86 RS Rating shows that Oracle stock outperformed 86% of all stocks for price performance this past year.
Oracle and the U.S. Department of Veterans Affairs (VA) will continue to work together to deliver a modern electronic healthcare record (EHR) solution that provides a secure and interoperable medical record for our nation's veterans. The contract extension is a testament to the progress Oracle and VA have made to fortify the EHR system over the past two years and deliver measurable improvements that help improve the lives of VA's dedicated practitioners and the veterans they serve.