Stocks to Watch Tuesday: Apple, Oracle, DJT, GameStop -- WSJ

Dow Jones09-10

By Chelsey Dulaney

Oracle $(ORCL)$: The cloud-software provider's quarterly results topped expectations, as its partnership with Nvidia $(NVDA)$ boosts revenue. Oracle also struck a new deal with Amazon Web Services. Shares rallied 9% premarket.

Apple $(AAPL)$: The European Union's top court upheld an order allowing Ireland to recoup more than $14 billion, plus interest, in taxes from Apple. Shares of the iPhone maker slipped 1% premarket.

Trump Media & Technology Group $(DJT)$: Shares in truth Social's parent company rose 3% premarket. The stock has climbed this week ahead of the first debate between former President Trump and Vice President Kamala Harris, set for Tuesday night.

Alibaba (HK: 9988, BABA): The e-commerce giant's Hong Kong-listed shares rose 4.6% after being included in a program that makes it easier for mainland Chinese investors to buy the stock. U.S.-listed shares rose premarket.

Hewlett Packard Enterprise $(HPE)$: The cloud-services provider begun a $1.35 billion stock sale to fund its purchase of Juniper Networks $(JNPR)$. HPE shares fell 5% premarket.

Under Armour $(UAA)$: The sportswear retailer lowered its annual outlook, citing higher restructuring costs as it closes a distribution facility and lays off employees. Shares fell off-hours.

Petco $(WOOF)$, GameStop $(GME)$ and Dave & Buster's $(DAVE)$ are expected to report earnings Tuesday.

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(END) Dow Jones Newswires

September 10, 2024 04:38 ET (08:38 GMT)

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