Oracle Drops, Freeport-McMoRan Falls, Baker Hughes Lower After Updated Guidance | Stock Movers
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On this episode of Stock Movers: - Oracle (ORCL) shares drop. Oracle Corp. shares are struggling due to the company's massive debt load taken on to build out artificial intelligence infrastructure. The company's earnings report will give Wall Street an indication of how much patience investors have left for such heavy AI spending, with a focus on spending plans and cash flow. - Freeport-McMoRan (FCX) shares fall. Copper stocks are falling on Thursday after Reuters reported that the White House has not yet made a decision on refined copper tariffs as it weighs concerns of higher prices raising manufacturing costs against the potential benefits of encouraging more domestic mining, citing two people familiar with the matter. - Baker Hughes (BKR) shares are down post-earnings. According to Bloomberg Intelligence: Baker Hughes' updated 2026 guidance, which includes newly acquired Chart Industries, reflects initial softness for the business, as the implied 17.1% Ebitda margin for the unit i
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