Why Oracle Shares Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Source: Benzinga
Oracle Corporation Earnings Report: Oracle shares surged 8.8% in pre-market trading following a strong earnings report and the launch of Oracle Database@AWS, allowing customers to access Oracle's services on Amazon's infrastructure.
Stock Movements: Several stocks saw significant pre-market gains, including Silexion Therapeutics (up 62.2%) and Quoin Pharmaceuticals (up 35.4%), while others like Singularity Future Technology and Edgio experienced notable declines.
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ZW Data Action Technologies Inc is a China-based holding company. The Company mainly provides a one-stop services for its clients on its Omni-channel advertising, precision marketing and data analysis management system. The Company's main businesses include distributing the right to use search engine marketing service to increase the sales lead conversion rate for its clients' business promotion, selling Internet advertising space on its advertising portals and providing related data service to its clients through the Internet advertising management systems, and providing other e-commerce advertising and marketing and related value-added technical services. The Company is also engaged in blockchain-based Software as a Service (SaaS) services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
