Oracle shares are trading higher amid strength in software stocks following earnings from Nutanix. Strength in NVIDIA has also lifted the broader tech sector.
Portfolio Pulse from Benzinga Newsdesk
Oracle shares are trading higher due to strength in software stocks following Nutanix's earnings report and NVIDIA's positive impact on the broader tech sector.
May 25, 2023 | 3:43 pm
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Oracle's stock is trading higher due to positive sentiment in software stocks after Nutanix's earnings and NVIDIA's impact on the tech sector.
Oracle's stock is trading higher as it is directly influenced by the strength in software stocks following Nutanix's earnings report. Additionally, the positive performance of NVIDIA has lifted the broader tech sector, which also contributes to Oracle's stock performance.
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