Oracle stock rises on upbeat outlook, while Apple shares slip and other stocks on the move

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Here are some of the biggest movers in Tuesday’s trading action:

Stock gainers:

Oracle Corp. shares

rallied 4% in premarket trade, adding to a 6% gain in Monday’s regular session to close at $116.43, after the database company reported earnings and said AI customers have already signed contracts for more than $2 billion in new business.

Carnival stock

rose 4%, a day after a 12% surge when Bank of America upgraded the cruise operator.

Stock decliners:

Shares of Apple Inc.

declined 1% following three consecutive trading sessions of gains to close at a record high of $183.79, following a 2.8% gain in Monday’s regular session. Apple shares were downgraded to neutral from buy at UBS.

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