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Oracle, STMicro, Kroger Stocks Surge on Big News
9 Feb
Summary
- Oracle shares climbed 2% following a favorable analyst upgrade.
- STMicroelectronics soared 7% on a major AWS cloud partnership.
- Novo Nordisk's legal threat caused Hims & Hers stock to plummet.
Several companies experienced notable stock fluctuations in pre-market trading on February 9, 2026. Oracle shares saw a 2% increase after DA Davidson upgraded the stock to 'buy' from 'neutral.' Analysts cited confidence in a revamped OpenAI's potential to challenge Google and fulfill its obligations to Oracle. STMicroelectronics gained 7% on the announcement of an expanded, multi-billion dollar partnership with Amazon Web Services. This collaboration aims to bolster infrastructure for cloud and AI data centers. Kroger's stock jumped nearly 5% as the Wall Street Journal reported the grocery chain is poised to appoint former Walmart executive Greg Foran as its new CEO. In a separate development, Novo Nordisk's stock rose approximately 5%. This occurred as Hims & Hers Health withdrew its version of a weight-loss pill following legal threats from Novo Nordisk. Hims & Hers' stock subsequently plunged 18% on the news.
