Watch Chegg, Upwork, Oracle, and More
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Chegg (CHGG) continues to decline due to AI competition, reporting a loss of $0.01 in non-GAAP EPS and a revenue drop to $72.7 million. Upwork (UPWK) fell 24% post-market despite a 3.6% revenue increase to $198.4 million and earnings of $0.12 per share. Oracle (ORCL) stock rose nearly 10% after an upgrade, with a $180 price target linked to OpenAI's success. AppLovin (APP) is under scrutiny after a short seller retracted negative claims, with the stock showing potential for growth amid fair valuations.
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