Wall Street just upgraded Oracle despite disappointing earnings

Just yesterday, markets celebrated the Federal Reserve’s latest quarter-percent interest rate cut, which brought interest rates down to a range of 3.5% to 3.75%. The central bank also announced that it would again buy short-term bonds, thereby reducing short-term yields. In addition, the reference to the fact that the labor market “remains low” was deleted. That could mean the central bank… Wall Street just upgraded Oracle despite earnings disappointment