Oracle, GameStop, Synopsys, Wolfspeed, Chewy, and More Stock Market Movers
1. Oracle shares surged 42% despite missing quarterly earnings and revenue targets. 2. Significant backlog increase indicates high demand for AI server rentals. 3. Mixed market reaction followed weaker-than-expected inflation data. 4. Federal Reserve likely to cut interest rates in response. 5. Oracle's performance showcases strong growth potential in cloud services.