STOCKS | U.S. Stocks Open Higher as Oracle Slides 11% and Intel Gains 7%

U.S. stocks opened higher, with the Dow up 0.42%, the S&P 500 up 0.5%, and the Nasdaq up 0.5%. According to Jin10, Oracle shares fell 11% after the company said it plans to double financing in its new fiscal year to $40 billion. Intel shares rose 7% after Bank of America upgraded the stock to “buy.”