Kroger Cuts Annual Sales Guidance Amid Competition; Oracle Shares Rise on Strong Cloud Revenue
Guidance·1 article across 1 outlet
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Kroger (KR) is moving as it trimmed its annual sales guidance due to fierce competition for grocery spending.
Oracle (ORCL) shares are higher as the software company’s results featured better-than-expected cloud revenue amid strong AI demand.
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Bloomberg — Kroger Cuts Sales Forecast, Oracle Gains | Stock Movers