Goldman Sachs on Friday downgraded shares of mobile brokerage Robinhood, citing bleak user engagement and growth.
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Sell Robinhood shares as user growth weakens, Goldman says
Finance
Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more
Check out some of the companies making the biggest moves midday: Oracle — Oracle jumped 10% after the cloud infrastructure company gave strong fiscal third-quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook by $1 billion to $90 billion. Analysts polled by LSEG had estimated $86.6 billion. […]
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JPMorgan Chase reins in lending to private credit firms after marking down software loans
Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]
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Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6 […]
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