Oracle Announces 30,000 Layoffs, Nike Shares See New Decline
📊 ORCL — Piyasa Yorumu
▼ down · 60%Oracle’s recent decision to eliminate 30,000 jobs sends a negative signal to the company’s cost structure and growth expectations. The stock has fallen 1.9% since the last close and is trading below its 20‑day simple moving average (SMA). A negative MACD and an RSI near 45 indicate that selling pressure is likely to persist in the short term. The decline in Nike (NKE) shares further contributes to a broader downward pressure across the technology and consumer sectors. Considering these factors, Oracle (ORCL) is expected to continue its downward trend over the next one to three trading days.
📊 NKE — Piyasa Yorumu
▼ down · 60%Nike shares slipped once more following news of Oracle’s 30,000‑person layoff. Technical indicators show the price trading below both the 20‑ and 50‑day moving averages, and the RSI remains under 50. Although the MACD is above its signal line, the overall trend points downward. In the near term (1–3 days), a modest decline in price is likely.