| Technology stocks got an early boost from software maker Oracle, which came in with better than expected earnings. Oracle shares climbed almost 13%, after analysts upgraded the stock's rating. But other stocks could not hold on. Experts say investors were having a hard time looking beyond the recent barrage of profit warnings from the tech sector. Investment strategist Larry Wachtel put the Oracle numbers in a larger perspective. “At least they weren't negative, I mean, nothing to rejoice over. Again, the technology group is not out of the woods. But it shows with one favorable number, how wonderful it could be for the technology group. We need more of those." |
| Technology stocks got an early boost from software maker Oracle, which came in with better than expected earnings. Oracle shares climbed almost 13, after analysts upgraded the stock' s rating. But other stocks could not hold on. Experts say investors were having a hard time looking beyond the recent barrage of profit warnings from the tech sector. Investment strategist Larry Wachtel put the Oracle numbers in a larger perspective. " At least they weren' t negative, I mean, nothing to rejoice over. Again, the technology group is not out of the woods. But it shows with one favorable number, how wonderful it could be for the technology group. We need more of those." |
| Technology stocks got an early boost from software maker Oracle, which came in with better than expected earnings. Oracle shares climbed almost 13, after analysts upgraded the stock' s rating. But other stocks could not hold on. Experts say investors were having a hard time looking beyond the recent barrage of profit warnings from the tech sector. Investment strategist Larry Wachtel put the Oracle numbers in a larger perspective. " At least they weren' t negative, I mean, nothing to rejoice over. Again, the technology group is not out of the woods. But it shows with one favorable number, how wonderful it could be for the technology group. We need more of those." |
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