Oracle fell 6% after announcing plans to issue $10 billion in stock and $10 billion in senior notes to fund its artificial intelligence build-out. IDEXX Laboratories jumped 20% following quarterly revenue of $1.21 billion, up 10%, while Tempus AI rose nearly 12% after beating sales and adjusted EBITDA estimates. SpaceX gained more than 3% amid talks to acquire Boost Mobile or use its network, giving Elon Musk a route into the $235 billion wireless market. Rivian climbed 10% on an UBS upgrade, but memory stocks dropped between 3% and 5%, and Marvell and Lumentum fell 9% and 15% following a $115 billion merger. ExxonMobil, Chevron and Valero lost between 3% and 5% as oil prices declined, while Krystal Biotech plunged nearly 15% after delaying several clinical data readouts until 2027.
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