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Oracle Capital Expenses; Micron Jumps; Alibaba and JD.com Slide | Stock Movers
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June 11, 2026
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4:09Now PlayingToday's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Oracle (ORCL) shares are lower after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027.
- Micron (MU) shares are higher as memory stocks turn higher. Morgan Stanley writes a correction in memory stocks including Samsung and SK Hynix is “necessary,” but shares can get a further leg up after this “healthy reset” given that DRAM is still the main bottleneck to the AI buildout.
- JD.com (JD US) are sliding, as well as Alibaba (BABA) after CCTV reported that Beijing city’s market regulator summoned the company over false advertising.
- Stitch Fix (SFIX) is climbing after the online personal styling platform raised its full-year forecast for net revenue from continuing operations.
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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Oracle Capital Expenses; Micron Jumps; Alibaba and JD.com Slide
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