Weekly Winners | Oracle Jumps 24%; Halliburton Gains 13% While ConocoPhillips Rises 11%; Newmont Mining, Tesla Soar over 10%

Tiger Newspress
15 Jun

This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.

Below are top 10 S&P 500 stock gainers for the week ended June 13:

Oracle Jumps 24% on "Dramatically Higher" Sales, Boosting Cloud Momentum

Oracle projected cloud infrastructure sales will jump more than 70% in the fiscal year that began this month, boosting shares in late trading on investor enthusiasm for the closely watched business.

The company, long known for its database software, has been gaining traction in its effort to become a major player in the business of cloud computing — renting out computing power and storage — by targeting clients focused on artificial intelligence work. Earlier this year, it announced a joint venture dubbed Stargate to provide OpenAI with massive sums of computing power.

Chief Executive Officer Safra Catz said in a statement Wednesday that Oracle is on its way to becoming “one of the world’s largest cloud infrastructure companies.” The past year “was a very good year, but we believe FY26 will be even better as our revenue growth rates will be dramatically higher,” she said.

Oil Stocks Surge After Israel Launches Unilateral Airstrikes Against Iran

Crude oil futures jumped over 10% at one time after Israel launched airstrikes against Iran without U.S. support. Oil stocks gained for the week with Halliburton up 13%, ConocoPhillips up 11%; Enphase Energy up 10%.

Israel launched a “targeted military operation” against Iran’s nuclear and ballistic missile program, Israel Prime Minister Benjamin Netanyahu said in an address. Israel hit Iran’s main enrichment site at Natanz, its leading nuclear scientists, and struck the heart of its ballistic missile program, Netanyahu said.

“This operation will continue for as many days as it takes to remove this threat,” Netanyahu said.

Tesla Stock Jumps as Musk Says He Regrets Some Posts He Made About Trump

Tesla CEO Elon Musk apologized for some of his comments last week that have weakened his relationship with the White House, boosting the stock. Shares of Tesla are up this week, climbing 10.3% as of market close on Friday.

Last week, Musk and Trump found themselves in a very public spat. What began as criticism of Trump's flagship "Big, Beautiful Bill" escalated into personal attacks and serious accusations. Musk deleted his most incendiary post and apologized on X, saying that some of his posts last week had gone "too far." The de-escalation of the situation sent Tesla stock higher.

The stock was also on the rise this week in anticipation of Tesla's reported robotaxi launch. According to a report from Bloomberg, Tesla was set to begin operating its vehicles autonomously in Austin, Texas, on June 12. However, it's now clear that the company has pushed back this date, now targeting June 22. Despite the delay, Tesla shares were up further on Friday.

Gold Stocks Jump After Israel Launches Strikes on Iran’s Nuclear Sites

Gold stocks spiked after Israel conducted airstrikes targeting Iran’s nuclear sites and military leadership, raising fears that hostilities between the two nations may spiral into a wider regional conflict. Shares of Newmont Mining rose 10.58% for the week.

Bullion climbed as much as 1.8% on haven demand from investors, before paring some gains. Israeli Prime Minister Benjamin Netanyahu said the operation would continue until the “threat” was removed. Iran vowed a “severe response” to the airstrikes and sent a wave of drones towards Israel.

The US wasn’t involved in Israel’s attacks, according to Secretary of State Marco Rubio, but Iran said it would respond against America. Gold is trading around $60 below a record of $3,500.10 an ounce reached in April.

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