Oracle is not the canary in the mineshaft, although some people think it might be. Oracle is not likely to be a positive catalyst. I'd be surprised if we didn't see a penny of upside on earnings. But they're going to achieve it because their costs were lower, not because their revenues were materially higher. |
reacting to three-year old news. |
They have absolutely no idea why they buy and sell stocks. They read headlines and they watch price changes. |
War does not present a backdrop in which people follow their expectations of the future as if there wasn't a war. It's uncertainty that's unnerving investors. |