Power Plays Update: Closing ORCL
May 31, 2024
By Scott Redler
Oracle (ORCL) is getting hit as enterprise tech names come under pressure in the wake of post-earnings weakness from Salesforce (CRM) and MongoDB (MDB).
So we'll close out ORCL from Power Plays here to avoid a bigger breakdown.
Please note there will not be a full Power Plays weekly roundup today since Scott is out for his medical procedure.
Scott Redler Positions Disclosure as of 2024-05-31 at 8.14.14 AM