ORCL Slides on $38B OpenAI Loan, ANF’s Rally & FIVE Price Target Hike
Oracle (ORCL) saw a stunning run following September’s earnings report but fell more than 40% since hitting all-time highs. George Tsilis explains how a $38 billion loan to build OpenAI data centers added to losses on Friday and why it creates more concerns around A.I. spending. Retail stocks gained attention too, seen in Abercrombie & Fitch’s (ANF) 30% run in the last five trading sessions, and Five Below’s (FIVE) price target hike from UBS ahead of earnings.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter – https://schwabnetwork.com/subscribe
Download the iOS app – https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App – https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling – https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio – https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV – https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn – https://www.linkedin.com/company/schwab-network/
About Schwab Network – https://schwabnetwork.com/about
#oracle #openai #abercrombieandfitch #economy #finance #investing #marketnews #stock #stockmarket #trading #live #schwabnetwork #orcl #ai #artificialintelligence #datacenter #anf #fivebelow #five #retail #earnings
source
