Today's Morning Movers and Top Ratings | ORCL, BABA, AAPL and More

$Oracle (ORCL.US)$ rallied 7.9% after its fiscal first-quarter earnings of $1.39 per share on $13.31 billion in revenue exceeded expectations, with forecasts having predicted $1.32 per share on $13.23 billion.

$Alibaba (BABA.US)$ 's U.S.-traded shares increased by more than 2.7% after its Hong Kong shares were included in the stock connect programs with Shanghai and Shenzhen exchanges, a move expected to attract more investments from mainland China.

$Johnson Controls (JCI.US)$ 's shares rose nearly 3.3% following an upgrade by JPMorgan from neutral to buy, with the firm highlighting the company’s data center business and ongoing CEO search as positive catalysts.

$Anheuser-Busch Inbev (BUD.US)$ gained 1.7% after Morgan Stanley named it a top pick among global brewers, citing valuation upside despite a mixed short-term outlook.

$Equity Residential (EQR.US)$ experienced a 1.5% uplift in its shares after Wells Fargo upgraded the stock to overweight from equal weight, following better-than-expected earnings over the summer.

$Apple (AAPL.US)$ shares slipped nearly 0.70% after the European Union's top court ruled the company must pay $13 billion in back taxes, coinciding with the unveiling of the iPhone 16 and other products.

$Hewlett Packard Enterprise (HPE.US)$'s shares fell more than 5.5% in premarket trading as the company announced plans to sell $1.35 billion of Series C mandatory company convertible preferred stock to fund the acquisition of Juniper Networks.

$Rubrik (RBRK.US)$'s stock dropped nearly 5.7% despite surpassing Wall Street's quarterly estimates, with a reported loss of 40 cents per share and revenue of $205 million, which was ahead of the expected $196 million.