Shares of Oracle Corporation (NYSE:ORCL) rose sharply in pre-market trading after the company reported first-quarter results.
Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48. Quarterly revenue came in at $14.92 billion, which missed the Street estimate of $15.03 billion and is up from revenue of $13.3 billion from the same period last year. CEO Catz teased significant revenue growth in the quarters ahead.
Oracle shares jumped 29.6% to $312.96 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Marwynn Holdings, Inc. (NASDAQ:MWYN) shares gained 310.6% to $3.53 in pre-market trading.
- Antelope Enterprise Holdings Limited (NASDAQ:AEHL) rose 238% to $12.50 in pre-market trading after gaining more than 5% on Tuesday.
- Cuprina Holdings (Cayman) Limited (NASDAQ:CUPR) gained 268% to $2.59 in pre-market trading following the announcement of exclusive licensing rights to United Nations Industrial Development Organization and Global Environment Facility-validated medical waste recycling technology for Southeast Asia.
- JBDI Holdings Limited (NASDAQ:JBDI) rose 173% to $2.94 in pre-market trading after gaining 5% on Tuesday.
- Asset Entities Inc. (NASDAQ:ASST) rose 138% to $14.95 in pre-market trading after shareholders approved the company's transformational merger with Strive Enterprises, Inc., an Ohio-based asset management firm.
- Wearable Devices Ltd. (NASDAQ:WLDS) jumped 118.3% to $2.23 in pre-market trading after the company reported a year-over-year increase in H1 EPS results.
- Springview Holdings Ltd (NASDAQ:SPHL) gained 79.9% to $0.7916 in pre-market trading after gaining 10% on Tuesday.
- Bloom Energy Corporation (NYSE:BE) surged 8.9% to $59.81 in pre-market trading.
- GameStop Corp. (NYSE:GME) gained 8.4% to $25.57 in pre-market trading after the company reported better-than-expected second-quarter financial results and announced a special dividend of tradable warrants.
Losers
- QMMM Holdings Limited (NASDAQ:QMMM) dipped 60% to $83.95 in pre-market trading after jumping over 1,736% on Tuesday.
- Epsium Enterprise Limited (NASDAQ:EPSM) fell 54.4% to $62.83 in pre-market trading after jumping 411% on Tuesday.
- Santech Holdings Limited (NASDAQ:STEC) fell 39.9% to $1.82 in pre-market trading after jumping 359% on Tuesday.
- iSpecimen Inc. (NASDAQ:ISPC) shares dipped 37.6% to $1.21 in pre-market trading after surging 160% on Tuesday.
- FiEE, Inc. (NASDAQ:FIEE) declined 32.1% to $2.01 in pre-market trading after gaining 8% on Tuesday.
- CaliberCos Inc. (NASDAQ:CWD) declined 31.5% to $6.24 in pre-market trading. Caliber shares jumped 324% on Tuesday after the company completed its initial purchase of Chainlink tokens as part of its digital asset treasury strategy.
- Big Tree Cloud Holdings Limited (NASDAQ:DSY) fell 29.8% to $1.93 in pre-market trading after jumping 170% on Tuesday.
- Kindly MD, Inc. (NASDAQ:NAKA) fell 23.3% to $6.20 in pre-market trading after jumping 77% on Tuesday.
- Synopsys, Inc. (NASDAQ:SNPS) dipped 21.4% to $474.64 in pre-market trading after the company posted weaker-than-expected results for its third quarter after Tuesday's closing bell. The company also lowered its fiscal 2025 adjusted EPS guidance from a range of $15.11 to $15.19 to a new range of $12.76 to $12.80, versus the $15 estimate.
- NIO Inc. (NYSE:NIO) fell 9.2% to $5.70 in the pre-market trading after the company announced a proposed equity offering.
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