Stocks making the biggest moves midday: Oracle, General Electric, Southwest Airlines and more

oracle, stocks, general, electric, southwest,
Gulf
  • Date: 14-Sep-2021
  • Source: CNBC
  • Sector: Transport
  • Country: Gulf
  • Share:

Stocks making the biggest moves midday: Oracle, General Electric, Southwest Airlines and more

– The tech company's shares slid more than 3% after Oracle's missed expectations. The company reported sales of $9.73 billion, which was short of the $9.77 billion analysts surveyed by Refinitiv predicted. Oracle earned $1.03 per share on an adjusted basis during the period, which was ahead of the 97 cents the Street expected. — Shares of the home services marketplace jumped more than 7% after it reported its August metrics, which showed its revenue for the month jumped 21% jump from the previous year. Angi owns Angie's List, HomeAdvisor and HomeStars, among other brands. Casino stocks: Shares of and – both of which operate in Macau – slid as investors fretted about tougher regulations. The Macau government will be starting a 45-day public consultation to review the gaming industry, according to a report from Reuters. Las Vegas Sands' shares declined over 12%, while Wynn fell more than 11%. — The media firm's shares fell 1.8% after news that the company finalized a deal to acquire celebrity news platform TMZ from  WarnerMedia unit. The companies did not disclose terms of the deal, but The Wall Street Journal  that TMZ is being valued at less than $50 million. —