Oracle and Palantir Lead Mega-Cap Movers on Monday’s Market
From Investing.com: 2025-06-09 14:01:00
Oracle and Palantir were the top gainers in the mega-cap sector on Monday, with Oracle rising by 4.2% and Palantir jumping by 5.3%. The tech giants outperformed other companies, helping to drive the overall market higher. Oracle’s stock closed at $91.25, while Palantir ended the day at $23.79.
Investors were optimistic about Oracle and Palantir’s future prospects, leading to a surge in their stock prices. Oracle’s strong quarterly earnings report and Palantir’s recent government contract wins contributed to the positive sentiment. Analysts predict continued growth for both companies in the coming months.
Overall, the tech sector saw significant gains on Monday, with Oracle and Palantir leading the way. This positive momentum helped lift the broader market, with the S&P 500 and Nasdaq also posting gains. Investors are closely watching tech stocks for further developments and potential opportunities for growth.
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