Oracle Falls on Data Center Spending; Hugo Boss and Stitch Fix Rise

Oracle (ORCL) shares declined after the company reported quarterly capital expenditures that exceeded estimates. Oracle announced plans to spend approximately $70 billion on net capital expenditures in the current fiscal year ending May 2027. This high spending outlook raised investor concerns about profitability. Hugo Boss (BOSS) shares rose after Frasers Group Plc made an offer to acquire the remaining shares of the company for about €2 billion ($2.3 billion). Frasers Group, controlled by billionaire Mike Ashley, aims to expand its fashion portfolio with this move. Stitch Fix (SFIX) shares gained after the company raised its fiscal year outlook following a revenue increase in the latest quarter, supported by efforts to improve customer experience and product variety. The positive revision was well received by investors. This is not investment advice.

📊 ORCL — Piyasa Yorumu

▼ down · 80%

Oracle shares have dropped 15.3% in the last 24 hours, with the RSI falling to 23.7, entering oversold territory. The MACD is well below the signal line and in negative territory, indicating strong bearish momentum. The stock is trading significantly below its 20-day and 50-day moving averages. News headlines attribute the decline to Oracle's data center spending, which serves as a negative short-term catalyst. Despite oversold conditions, the bearish trend and negative news flow may sustain downward pressure in the near term.

RSI 14

23.7

MACD

-7.43

24h Δ

-15.27%

Canlı Grafikler