The US Consumer Price Index (CPI) report for August is expected to show persistent inflation pressures, with headline CPI projected to rise 3.4% year-over-year and monthly CPI growth accelerating to 0.4%. Rising energy costs, including diesel surpassing $6 per gallon and crude oil topping $100, are key drivers. This data is critical ahead of the Federal Reserve's upcoming meeting, where a 25-basis-point rate hike is widely anticipated to combat inflation. Treasury yields have risen sharply, reflecting market concerns about inflation and fiscal health, increasing pressure on the Fed to maintain a restrictive monetary policy stance.
This week saw significant declines in AI infrastructure stocks, with neocloud companies like CoreWeave and Nebius dropping over 30% in October. Credit default swap spreads for major tech firms Meta, Nvidia, and Oracle hit record highs, signaling incr...
Oracle's stock price has dropped nearly 50% from around $250 in early June to about $125, yet Wall Street analysts remain optimistic. Goldman Sachs recently maintained a 'Buy' rating, though it lowered the 12-month price target from $240 to $206 due ...
Oracle's stock has dropped 32% in 2026 despite strong cloud business growth, including 62% cloud revenue increase and $664 billion in future contracts. Analysts see a 54% upside potential with a price target of $201.27, driven by high GPU utilization...
Oracle announced it will hold its Investor Day Meeting on October 28, 2026, during Oracle AI World. The event will be streamed live, providing investors insights into Oracle's integrated cloud applications and autonomous infrastructure. This meeting ...
Oracle announced a $1 billion investment over four years to enhance its partner ecosystem's ability to develop AI-powered solutions and services. This funding expands benefits and incentives in training, technical support, cloud migration, and go-to-...
