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Investing.com13d agobearish
Oracle’s Ellison cancels plan to sell up to 50 mln shares

Investing.com -- Oracle Corp (NYSE:ORCL) executive chair and chief technology officer Larry Ellison has cancelled a trading plan that would have allowed him to sell up to 50 million shares of the company, Oracle said on Saturday, adding that no shares were sold under the plan and that he has no other plans to sell Oracle stock.

Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
The Wall Street Journal13d agobearish
Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock

Larry Ellison scrapped plans to sell up to $7.5 billion worth of his Oracle stake, a day after the company disclosed the billionaire’s trading plans. In a statement Saturday, Oracle said Ellison had reversed course. “No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock,” it said.

Lululemon’s (LULU) Brand Problems Force Another Steep Guidance Downgrade
Insider Monkey13d agobearish
Lululemon’s (LULU) Brand Problems Force Another Steep Guidance Downgrade

On September 3, Lululemon Athletica (NASDAQ:LULU) told investors its troubles run deeper than one soft quarter. Revenue fell 4% to $2.4 billion, comparable sales dropped 10% (on a constant dollar basis), and management cut full-year guidance for the second time this year. China Mainland is dealing with a wave of negative social media commentary, North […]

Jim Cramer Dismisses Grab Holdings (GRAB) as a $3 Spec
Insider Monkey13d agobearish
Jim Cramer Dismisses Grab Holdings (GRAB) as a $3 Spec

During the September 8 episode of Mad Money, a caller asked about Grab Holdings Limited (NASDAQ:GRAB), highlighting its Southeast Asian ride-hailing and food delivery model, growing fintech segment, and solid revenue figures. Jim Cramer commented: I have never liked Grab Holdings. I have said that I did not think it was a situation that is […]

Jim Cramer Discusses Adobe Inc. (NASDAQ:ADBE) & “False” Cuts
Insider Monkey13d agobearish
Jim Cramer Discusses Adobe Inc. (NASDAQ:ADBE) & “False” Cuts

For a stock that is down by more than 27% over the past year, Adobe Inc. (NASDAQ:ADBE)’s shares were a breath of fresh air on Friday as they closed 1.4% higher. The day was quite eventful for the firm as it saw action by several analysts. For instance, investment bank Morgan Stanley recommended selling the […]

Jim Cramer on Why Marvell (MRVL) Plunged
Insider Monkey13d agobearish
Jim Cramer on Why Marvell (MRVL) Plunged

Marvell Technology, Inc. (NASDAQ:MRVL) delivered a quarterly beat and raised its revenue outlook, yet the stock plunged more than 10% the following day. The sharp reaction led Jim Cramer to question, during the September 8 Mad Money episode, why investors punished a company whose AI business continues to accelerate. What the heck just happened to […]