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Kroger Cuts Sales Forecast; Oracle Gains; Restoration Hardware Beat
Published 3 weeks, 4 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kroger (KR) is moving as it trimmed its annual sales guidance due to fierce competition for grocery spending.
- Oracle (ORCL) shares are higher as the software company’s results featured better-than-expected cloud revenue amid strong AI demand.
- Restoration Hardware (RH) shares are on the move after the home furnishing retailer’s quarterly earnings beat amid a weaker housing market and consumer spending environment.
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