Oracle Corporation's ORCL shares fell 3.7% on the company's capital spending concerns and investor attention remaining focused on Larry Ellison's cancellation of a planned $7.5 billion stock-sale program. Shares of ServiceNow, Inc. NOW jumped 7.4% as investors reassessed the threat posed by AI competition to established software companies. Palo Alto Networks, Inc.'s PANW shares soared 13.1% after cybersecurity emerged as a beneficiary of concerns surrounding AI-enabled threats and security risks. Shares of Bank of America Corporation BAC plunged 5.1% after CEO Brian Moynihan predicted investment-banking fees would fall by at least 10% in the third quarter. Want the latest recommendations from Zacks Investment Research?
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