Morning Stock Movers: Oracle, Applied Materials, Occidental

The video discusses Oracle's recent earnings report, highlighting its challenges in transitioning to cloud services and competition from Amazon and Microsoft. It covers the downgrade of chip equipment makers like Applied Materials and Lam Research. Smile Direct Club's stock saw a significant surge despite no news. China's regulatory rhetoric is impacting NetEase, and Macau's government is increasing supervision over casino operators, affecting companies like Las Vegas Sands.

What challenges is Oracle facing in the cloud market?

How did Oracle's recent earnings growth compare to market expectations?

What was the market reaction to the downgrade of Applied Materials?

What significant event occurred with Direct Club shares recently?

What regulatory changes are being discussed in China that could affect internet companies?