1. Wall Street looks to build on Monday’s bounce from Friday’s market plunge and last week’s horrible week. The Dow, the S&P 500 and the Nasdaq all closed 1% higher. While they’re all still off their record highs, the Nasdaq has the most ground to make up. The tech-heavy index is down nearly 10% from its closing high. In my Sunday column, I addressed the woes facing the Magnificent Seven, six of which are Club names. We’ll explore solutions in our September Monthly Meeting, exclusively for Investing Club members, at noon ET on Thursday.
2. Oracle beat on quarterly earnings and revenue and its stock rose 8%. The tech giant bracketed guidance expectations with its outlook. Larry Ellison, co-founder and chairman, said that over time Oracle could operate as many as 2,000 data centers, up the current 162. Ellison said the company’s cloud will eliminate passwords and use biometrics.
3.Bank of …