Wall Street Breakfast

Oracle surges as future contracts pile up

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Synopsis

Oracle (ORCL) jumps as surge in remaining performance obligations overshadows Q1 miss. (00:23) Klarna (KLAR) prices IPO above range at $40 a share, valuing it at $15B. (01:37) Federal judge rules Fed Governor Lisa Cook can stay -- for now. (02:36) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Wednesday: ORCL, SNPS, and moreNovo Nordisk to cut 9,000 jobs in $1.25 billion overhaul, trims 2025 profit outlookTaiwan Semiconductor’s August sales rise 34% as AI demand stays strongTrump administration moves to regulate pharmaceutical ads on TV and social mediaSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.