Oracle Drops, Redwire Rises, AMC Gains as Price Target Raised

On this episode of Stock Movers:
- Oracle (ORCL) shares declined after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, and plans to raise another $40 billion in equity and debt.
- Redwire (RDW) shares rise. Redwire filed for possible offering of shares via Truist Securities, JPMorgan, BofA Securities, Texas Capital Securities, AGP/Alliance Global Partners, B. Riley Securities, Canaccord Genuity, HC Wainwright, KeyBanc Capital Markets, Roth Capital Partners.
- AMC Entertainment (AMC) shares gain. B. Riley analyst Drew Crum raised the firm's price target on AMC Entertainment to $2.25 from $2 and keeps a Buy rating on the shares.

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