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● Oracle expects to turn free-cash-flow positive in the second half of fiscal 2028.
● Bill Ackman called the stock incredibly undervalued in an interview.
● ServiceNow had its worst day on record and Fortinet plunged.
● Third-quarterRevenuerose 26% to $64.6 billion, above the roughly $63.4 billion expected.
● ServiceNow suffered its worst day on record after weakBacklogguidance.
● Revenue guidance of $1.41 billion to $1.46 billion brackets the latest quarter.
● Lumentum'sMarket Valueis estimated at about $83 billion.
● The Russell 2000 rose 28.71 points to close at 2,859.22.
● Marvell shares tumbled on Thursday, October 29, closing at $218.34.
● Lumentum was valued at roughly $83 billion, making any deal a major undertaking.
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