Whirlpool upgrade, Chime slides post-IPO, Oracle’s new highs

00:00:01 Speaker A

It’s time for Yahoo! Finance’s market minute. Whirlpool getting a lift at Bank of America, upgrading its ratings to underperform to neutral. Bank of America also raising its price target on the stock from $68 to $94. The firm noting it sees a potentially meaningful tailwind to Whirlpool’s North America segment after the addition of appliances to sell the section 232 steel tariffs. Meanwhile, chime financial sliding in its second day of trading, the move lower comes after a 59% surge in its anticipated Nasdaq debut on Thursday. The digital bank, the latest company to go public as the IPO window opens. And Oracle shares extending its gain after in the previous session, the stock marking its biggest single day increase in a year. Oracle also soaring to a record high as the company projects a 70% gain in cloud infrastructure sales this fiscal year. And that is your Yahoo! Finance market minute. For more on what’s trending on Yahoo! Finance, you can scan the QR code below to track the best and worst performing stocks of the session.


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