Microsoft Corp MSFT just pulled off a classic chartist's dream – the Golden Cross – and the bulls are charging. On June 11, the stock's 50-day simple moving average (SMA) climbed above its 200-day SMA, signaling a long-term bullish trend.The very next day, Microsoft stock punched through resistance to hit a record high of $478.78, building on a three-month gain of 23% and crushing the S&P 500's modest advance in the same period.Chart created using Benzinga ProMomentum Overload: Technicals Flash Bullish – Wi ...

Oracle Corp ORCL stock gained on Thursday after the company reported better-than-expected fourth-quarter financial results and issued an upbeat outlook commentary on Wednesday.Oracle reported fourth-quarter revenue of $15.9 billion, up 11% compared to estimates of $15.58 billion, and adjusted earnings of $1.70 compared to estimates of $1.64. Oracle guided for total revenue of at least $67 billion in fiscal 2026.Also Read: AMD Powers Oracle Cloud With New Epyc Chips Promising Major Boost In PerformanceCloud ...

Telsey Advisory Group analyst Dana Telsey reiterated the Market Perform rating on Victoria’s Secret & Co. VSCO with a price forecast of $24.On Wednesday, the company reported first-quarter adjusted earnings per share of 9 cents, which is in line with the analyst consensus estimate. Quarterly sales of $1.35 billion (flat year over year) also came in line with the Street view.Victoria’s Secret has lowered its fiscal year 2025 adjusted operating income guidance to a range of $270 million to $320 million, down ...

Novartis AG NVS on Thursday released results from APPULSE-PNH, a Phase 3B study evaluating the efficacy and safety of twice-daily oral monotherapy Fabhalta (iptacopan) in adult patients with paroxysmal nocturnal hemoglobinuria (PNH) with Hb levels ≥10g/dL who switched from anti-C5 therapies (eculizumab or ravulizumab).The company released topline data in December 2024.What Happened: PNH is a rare complement-mediated blood disorder. People with PNH have an acquired mutation in some of their hematopoietic ste ...

Simulations Plus Inc SLP stock tanked after the company lowered its fiscal 2025 sales outlook.The company expects third-quarter sales of $19 million-$20 million, much below the consensus of $22.78 million.On Wednesday, the company cut its 2025 sales forecast to $76 million—$80 million versus a consensus of $90.26 million, down from prior guidance of $90 million—$93 million.Also Read: What's Going On With Charles River, Certara, Simulations Plus Stocks On Friday?"Market uncertainties surrounding future fundi ...

Lucid Group, Inc. LCID shares are trading sideways Thursday. But if they can break some resistance, a rapid and large move higher may follow. "Gaps tend to refill" is an old trading expression. It is true, and the chart of Lucid illustrates some examples of it. This is why it is our Stock of the Day. If a stock trades for a long time around a certain price level, a large amount of interest in this level will form. There will be numerous traders and investors who traded at it. This means there's a good chanc ...

Just days after soaring to a 15-month high, Boeing Co. BA is facing harsh headwinds. The stock fell more than 5% on Thursday following reports that a Dreamliner 787-8 carrying more than 200 passengers crashed shortly after takeoff near Ahmedabad, India.The tragic event has rattled investor confidence and reignited safety concerns that Boeing had worked hard to put behind it.Chart created using Benzinga ProMomentum Was Building On All FrontsBoeing had been riding a major comeback story. After years of supply ...

NVIDIA Corporation NVDA showed off its AI market leadership and growing opportunities for sovereign AI at GTC Paris, an analyst said in a new investor note. The event highlighted the fact that Nvidia is partnering with some European companies in the telecommunications, cloud, and neo-cloud spaces to accelerate AI expansion in the region. "NVIDIA identifies significant opportunities in autonomous driving, robotics, AI factories, and base stations. The team believes that humanoid robotics could become one of ...

In fact, a significant percentage of riders are willing to pay extra for Waymo, with about 16% saying they'd pay up to $10 more per ride, suggesting that novelty, comfort and the appeal of riding alone are strong selling points "There's something about being in the car alone" that is attracting riders, Ashwini Anburajan, Obi's chief revenue officer, told TechCrunch. Alphabet, Inc. GOOG GOOGL Waymo's robotaxi rides are more expensive than catching a ride from Uber Technologies, Inc. UBER or Lyft, Inc. LYFT, ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday.The Dow traded down 0.03% to 42,852.84 while the NASDAQ gained 0.24% to 19,663.38. The S&P 500 also rose, gaining, 0.26% to 6,038.05.Check This Out: Jim Cramer Is All Aboard Union Pacific, But Shows No Love For Orphan DrugsLeading and Lagging SectorsInformation technology shares jumped by 0.9% on Thursday.In trading on Thursday, industrials stocks fell by 0.5%.Top HeadlineShares of Oracle Corp. OR ...