Business · Markets · 2 hrs ago

Oracle shares surge as Google shares fall after major company updates

Oracle shares surge as Google shares fall after major company updates

Oracle shares rose sharply after the company held an investor meeting.

Google shares fell sharply after it announced its results.

Microsoft also reported earnings on the same day.

The updates drew more attention from investors than the Federal Reserve’s policy meeting.

The different share moves show that investors reacted differently to the companies’ news, though the reasons are not detailed here.

No further developments or next steps are given.

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NarratorMaeil Business video commentary
On a day when the FOMC meets, the FOMC is usually the main character. Not today.
via Maeil Business