Movers & Shakers: Oracle stock rises on upbeat outlook, while Apple shares slip and other stocks on the move

United States

Here are some of the biggest movers in Tuesday’s trading action:

Stock gainers:

Oracle Corp. shares ORCL, +5.99% rallied 4% in premarket trade, adding to a 6% gain in Monday’s regular session to close at $ 116.43, after the database company reported earnings and said AI customers have already signed contracts for more than $ 2 billion in new business.

Carnival stock CCL, +12.45% rose 4%, a day after a 12% surge when Bank of America upgraded the cruise operator.

Stock decliners:

Shares of Apple Inc. AAPL, +1.56% declined 1% following three consecutive trading sessions of gains to close at a record high of $ 183.79, following a 2.8% gain in Monday’s regular session. Apple shares were downgraded to neutral from buy at UBS.