Stock Market Update
10-Dec-24 12:35 ET
ORCL sinks after earnings; ALK soars after three-year plan
Dow +10.57
at 44412.50,
Nasdaq +49.83
at 19786.06,
S&P +4.53
at 6057.38
[BRIEFING.COM] The stock market is little changed at the index level over the last half hour.
Outsized moves are reserved for stocks with specific catalysts. Oracle (ORCL 175.37, -15.09, -7.9%) is a standout on the downside after coming up shy of the fiscal Q2 consensus EPS estimate compiled by FactSet and issuing fiscal Q3 guidance that was below expectations.
Alaska Air (ALK 61.63, +7.44, +13.6%) is a winning standout after impressing with the release of its three-year strategic plan ahead of its Investor Day and FY25 EPS guidance that was above the current consensus estimate.
