Stocks were mostly higher Friday. The latest inflation data damped investor sentiment.
Here are some of the biggest gainers for Friday.
1. Oracle ORCL | Up 15%
"Cloud is fundamentally a more profitable business compared to on-premise, and I expect that our operating margins this year will be the same or better than pre pandemic levels of 44%," Chief Executive Safra Katz said.
2. Broadcom AVGO | Up 8%
Shares of Broadcom (AVGO) - Get Broadcom Inc. Report advanced Friday after chipmaker and key Apple (AAPL) - Get Apple Inc. Report supplier posted better-than-forecast earnings, set a $10 billion share-repurchase plan and raised its dividend 14% to $4.10 a share from $3.60.
3. Costco COST | Up 6.3%
Shares of Costco Wholesale (COST) - Get Costco Wholesale Corporation Report rose Friday after the warehouse-club retailer posted stronger-than-forecast fiscal-first-quarter earnings. Costco cautioned that supply-chain disruptions could hurt holiday season inventories.