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11.09.26 - 16:36
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Kroger Cuts Sales Forecast, Oracle Gains | Stock Movers (Bloomberg)
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On this episode of Stock Movers:
- Kroger (KR) is moving as it trimmed its annual sales guidance due to fierce competition for grocery spending.
- Oracle (ORCL) shares are higher as the software company's results featured better-than-expected cloud revenue amid strong AI demand.
- Restoration Hardware (RH) shares are on the move after the home furnishing retailer's quarterly earnings beat amid a weaker housing market and consumer spending environment. (Source: Bloomberg)...
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