A storm has been brewing around the cloud stocks for weeks now, and traders are expressing some uncertainty as the final name in the space gears up to report earnings.
div > div.group > p:first-child"> Following results from Dropbox, Workday, Box and Salesforce that spooked the street, all eyes are on Oracle ahead of its earnings report on March 14. Unfortunately, despite its nearly 17 percent climb to start 2019, traders aren't convinced sunny skies are ahead for the company, said"Fast Money" and"Options Action" trader Dan Nathan.
"That is a long shot, but I think it's really important to remember that this trader is risking 20 cents to possibly make $1.80 [per contract]." On the flip side, Nathan pointed out that — despite light guidance from other names in the space — Oracle's trading history is about as steady as they come.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Trump, Kim begin talks with one-on-one meetingHANOI, Vietnam (AP) — President Donald Trump and North Korean leader Kim Jong Un are beginning the second day of their high-stakes nuclear summit with a one-on-one discussion. Trump and Kim...
और पढो »
These Are The 5 Books Chosen For The 2019 'One Book, One New York' ProgramVoting will begin April 1.
और पढो »
Panalpina backs one-share, one-vote proposal over Cevian oppositionSwiss freight forwarder Panalpina's board on Tuesday said it would back a p...
और पढो »
Lyft is using a controversial new stock structure in its IPO that will let its founders keep 'significant control' of the companyOne share for one vote is no longer the case among tech unicorns who go public.
और पढो »