Oracle and Tech Stocks Lead Market Gains Ahead of Inflation Data

1 min read
Source: Investor's Business Daily
Oracle and Tech Stocks Lead Market Gains Ahead of Inflation Data
Photo: Investor's Business Daily
TL;DR Summary

The stock market saw modest gains with the Nasdaq hitting a record high, driven by strong earnings from Oracle and other tech stocks, while the Dow and S&P 500 also rose slightly. Oracle surged over 20% after reporting a robust outlook despite missing some estimates, and Palantir and Taiwan Semiconductor broke out to buy points. Apple announced the iPhone 17, but its stock dipped slightly. Investors are watching upcoming inflation data and Fed rate decisions, with some stocks offering attractive entry points amid the market's high levels.

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