Oracle Soars, Apple's New iPhone 16, Adobe's AI Magic, & Eaton Investor Moves!

Intro welcome to the Wednesday edition of tech stocks daily I'm here to supercharge your techsavvy in a Flash today we're diving into oracle's bullish Trend and its game-changing move with Uber's Cloud migration then we'll uncover all the buzz from Apple's jaw-dropping glow Time Event and their aid driven Innovations next we'll explore adobe's revolutionary AI powered video editing tools and analyze their financial Outlook lastly we'll look into why big investors are so bullish on eaten Corp stay tuned it's a news packed episode you won't want to miss hey Tech enthusiasts buckle up Oracle (ORCL) because we've got a jumbo news Roundup featuring Oracle that you won't want to miss whether you're an investor Tech geek or just someone with an inherent need to soak up the latest trends oracle's Making Waves today and for good reason let's dive straight in first off let's talk numbers Oracle has been generating a buzz after Crossing above the 20-day moving average a pretty significant technical indicator for Traders in essence this means that Oracle stock is experiencing a short-term bullish Trend which is good news if you're on the lookout for Upward momentum a 16.1% rally over the past 4 weeks bolsters this positive trajectory making the stock shine brighter than your neighbors over-the-top Holiday Lights why is this 20-day moving average such a big deal well Traders use it to smooth out short-term price trends when a stock price sits above this average it's considered a positive trend conversely when it drops below it might signal Rocky Waters ahead in oracle's case this recent push past the 20-day Mark has added extra Sparkle to those who keep a Keen Eye on their portfolios plus Oracle flaunts a Zach's rank number two adding another gold star to its report card apart from technical indicators Oracle is flexing its muscles in the world of cloud computing remember when everyone thought ditching old infrastructure for the cloud was just a passing fad well oracle's flipping that narrative on its head Uber has hopped onto the Oracle Cloud infrastructure bandwagon leveraging it to power more than 1 million trips every hour and drive 14 million predictions per second that's right Uber's ride hailing and delivery platform now essentially operates Doc Brown from Back to the Future thanks to oracle's Tech Uber isn't just dipping its toes in they've migrated thousands of microservices and heaps of operational data to Oracle Cloud this move allows Uber to innovate faster without burning through gobs of Cash Cameron zargi senior director at Uber mentioned that this partnership allows for incredible flexibility and scaling which in cloud computing terms is akin to hitting the jackpot and as if that wasn't enough Oracle made headlines for beating analyst expectations across the board we're talking about bone crunching good quarterly earnings results there CEO saffra cats highlighted growth in operating income and earnings per share especially with their cloud services division hitting it big time FY 23 saw oracle's Revenue grow by a stunning 17.7% which is practically a Sprint compared to what other companies in the sector are reporting by announcing new AI capabilities within the Oracle Fusion Cloud application Suite think unlocking more than 50 new generative AI agents Oracle is doubling down on its cloud and AI game add to that a newly ined partnership with Amazon web services that brings oracle's database Services directly onto to Amazon's platform showing how Oracle isn't just adapting to Industry Trends it's setting them in the larger frame this good news is wrapped up with Oracle outperforming its sector peers by quite a margin the Stock's up 34% as of today signaling that investors are eagerly jumping aboard the Oracle Express so all this bubbling momentum cues up something undeniable Oracle is strategically positioned not just to ride out the current Tech wave but likely to surf at its crest for quite some time keep your eyes peeled folks this could be a wild Apple (AAPL) ride Apple dropped some major Bombshells at its highly anticipated glow Time Event get ready to dive into the new era of innovation because Apple introduced its latest lineup of tech goodies and there's a lot to unpack here first up let's talk iPhones Apple introduced the shiny new iPhone 16 series with both standard models and some Ultra fancy pro versions pre-orders for the iPhone 16 and 16 plus kick off on September 13th and you'll be able to snag one in stores from September 30th standard models start at $799 while higher-end pro and pro Max versions will set you back $999 and 1,199 respectively what's new in these bad boys apart from age-old incremental upgrades the iPhone 16 series packs larger displays bigger batteries and a new camera control button which should make snapping those Instagram worthy picks of Breeze now here's where it gets spicy all models come with a18 chips and the higher-end versions Rock the a18 pro both supporting the new Apple intelligence features AI powered functionalities like generative AI are expected to debut on iOS 18 this October promising users a better Siri AI writing tools and even AI image tools welcome to the Future the upgrades didn't stop at iPhones Apple threw in some new Apple watches specifically the watch 10 which boasts the largest display yet a more powerful processor and even the capability to detect sleep apnea then there are the refreshed airpods 4 airpods Pro 2 and the airpods max 2 CEO Tim Cook went all out telling the world that the new generation of iPhone is essentially designed for Apple intelligence from the ground up wedbush Securities analyst Dan Ives even dubbed the event a historic kickoff to the consumer AI Revolution projecting that a whopping 20% of the world will interact with AI through an Apple device it seems the stage is set for potentially the strongest iPhone sales year given that a huge chunk of users 300 million haven't upgraded in about 4 years however not everyone's sipping the apple flavored Kool-Aid some experts like nm's Laura Martin felt Apple might be moving a bit slowly on this apple intelligence rollout with vague promises like later this year and early next year it felt more like a tease than a groundbreaking reveal zets Jason plow echoed similar sentiments skeptical about whether this first iteration of Apple intelligence can live up to sky-high expectations despite mixed reactions there's a sense of anticipation that Apple's latest announcements could inject some serious momentum into the company's performance especially in the upcoming fourth quarter if those who have been clinging to their older iPhones finally decide to upgrade Apple could be headed for a strong finish to the year so should you buy Apple stock following the event with promising potential but cautious optimism it's a gamble that could pay off especially if Apple intelligence delivers as the updates roll out keep those portfolios ready it might just be glow time for Apple Adobe (ADBE) investors hey Tech lovers grab your keyboards and let's dive into adobe's Whirlwind of news today it's all about Adobe and it's nothing short of revolutionary first up adobe is set to flip the script on video editing with some jaw-dropping AI powered creation tools Yes you heard me right Adobe recently unveiled advancements in their generative AI video capabilities powered by the Adobe Firefly video model this Nifty new model is part of adobe's firefly Suite which already includes image vector and design models so what's the big deal these Innovations are designed to streamline video editing like never before expect to see features like text to video and image to video popping up later this year on Firefly adobe.com and within Premiere Pro imagine typing a text prompt and watching it magically transform into a stunning video complete with adjustable camera angles and zoom or taking a still image and animating it into a live action clip Adobe is knocking it out of the park with these features Ashley still the senior vice president of adobe's creative product group shared that these advancements are primarily aimed at professional video editors she said the new features are built to help unleash new possibilities and streamline workflows Bravo Adobe now on to some numbers because hey we know you love those adobe's third quarter fiscal 2024 results are on the horizon scheduled for release on September 12th these results are expected to reflect robust growth driven primarily by their digital media segment this segment alone generated $ 3.91 billion in the second quarter showing an 11% year-over-year bump Adobe estimates digital media revenues between 3.95 billion to 3.98 billion for the third quarter with analysts predicting around $ 3.96 eight billion that's a YY growth of over 10% let's also not Overlook the role of adobe's Creative Cloud and document cloud in driving this growth integration of generative AI into tools like Photoshop and illustrator and Rising momentum in Adobe Express are significant highlights here Adobe is basically putting the pro in productivity and oh boy let's talk about some spicy Market moves deep pocketed investors are diving head first into Adobe options with a bullish demeanor according to benzinga these whales have shown significant interest with options activities adding up to over $2 million the split is roughly 53% bullish and 40% bearish suggesting that market insiders are anticipating something big but that's not all four Market experts recently evaluated Adobe and slapped a consensus Target price of around 64275 on it the option scanner at benzinga highlighted 30 extraordinary options activities just today whoa finally for the numbers fans these options are mainly tracking Adobe between the $450 and $610 price bands over the last 90 days it's all about following where the smart money is going right all in all Adobe seems poised to revolutionize evolve and continue its growth trajectory whether it's through Innovative AI fleets or solid earnings Adobe is making serious waves stay tuned and keep riding these Tech waves Eaton (ETN) folks all right folks let's dive into all things eaten Corp because they have been making quite the Splash in today's Tech news we've got some hot sizzling updates from the NASDAQ that you absolutely need to hear first off why is eaten in the news today it's because some whales yes the big investors not the sea creatures took a bullish stance on eaten Corp when Hefty wallets start moving we pay attention 50% of these investors open bullish trades 37% went bearish and the specifics give us an interesting scenario we've got three puts raking in 12669 and five calls pulling in 349,000 over the next 3 months so folks if you're into playing the options Market these price points are your treasure maps x marks the spot now let's talk stats because who doesn't love a good chart right Eaton's average open interest in the options market today clocked in at roughly 931 accompanied by a total volume of, 1452 trades that's a lot of action for one day my friends a little backstory to flavor this news Eaton Corp has been jamming since 1911 initially selling truck axles and now they're in industrial Colossus their operations can be split into two main dishes electrical and Industrial these guys are big in data centers utilities and various high demand Services plus Eaton's getting some sweet tax perks from Ireland although more than half of its revenue is from the USA talk about playing in the big leagues on both sides of the pond but why stop at options trades when we can compare eaten Corp with Powell Industries investors wonder which of these two is the better value bet according to the metrics filled Magic from Zach's rank Powell Industries grabs the number one spot while Eaton trails at number two numbers do tell a fascinating tale don't they Pal's valuation metrics are eyebrow raising good sporting a forward PE of 13 and a PEG ratio of 93 compared to Eaton's forward PE of 26.8 5 and Peg of 2.21 crowning pble also flaunts a healthier PB ratio at 4.28 versus Eaton's 5.96 it's quite clear that Powell's got the edge in key valuation metrics making it look mighty attractive to value-minded investors but let's not underplay eaten Corp they have a robust portfolio and favorable analyst Outlook not to mention that heavy option trading we talked about earlier indicates some serious Market interest so what do you think folks is Eaton prepared for a meteoric rise or would you put your chips on Powell Industries as the smarter investment drop your thoughts in the comments below I'm excited to hear your takes stay tuned and keep those trading widths Today's Pick sharp all right Tech enthusiasts let's zero in on Oracle with all the buzz around their bullish Trend and making headlines with Uber hopping onto their Cloud bandwagon Oracle looks like it's on a solid upward trajectory but would I buy hold or sell the stock given today's news my strategy would lean towards buy here's why Oracle has crossed that critical 20-day moving average signaling short-term bullish momentum and rallying 16.1% over the past month combine that with strong quarterly earnings and revenue growth of 17.7% for FY 23 which is no small feat Oracle seems poised to deliver robust performance in the coming quarters add to that the company's strategic moves in cloud computing and AI should drive continued growth for instance the partnership with Uber isn't just any deal Uber's migration to Oracle Cloud infrastructure speaks volumes about oracle's credibility and prowess in the market plus the new AI capabilities in the Oracle Fusion Cloud application Suite signal that Oracle is at the Forefront of innovation however always do your own research before making invest M decisions navigate the intricacies of the stock market armed with as much information as possible for now Oracle looks like it's not just riding the tech wave but making serious strides in defining it keep your eyes on this stock and it might pay off Thanks for watching handsomely hold on to your Tech hats folks because today's market activity is sizzling hot Oracle is making headlines with bullish stock trends and Cloud Supremacy Apple stunned the world with its glow Time Event and AI rollout Adobe is revolutionizing video editing with generative Ai and eat Corp caught the attention of some serious investors if you enjoyed this Tech Roundup don't forget to like subscribe and share this video with your friends make sure to tune in tomorrow for the latest updates and insights on the ever evolving Tech World keep those portfolio engines running [Music]