US stock markets face a key test with CPI inflation data expected above 4% and Oracle reporting earnings after the bell. Despite inflation concerns, sectors sensitive to interest rates like homebuilders and regional banks rallied, supported by bullish options activity. Lower oil prices have added optimism about inflation easing. Oracle's earnings are highly anticipated, with options traders pricing in a large 12% stock move and a strong bias toward call options, signaling investor confidence. The market's reaction to these events will influence the direction of interest-rate sensitive sectors and big tech stocks.
Oracle's stock is expected to increase by about 34% over the next three years, fueled by rapid growth in its multicloud database and AI infrastructure segments, which grew 531% and 243% year-on-year respectively. The company’s strategic partnerships ...
Spot gold and silver prices fell sharply amid a U.S. inflation rate remaining above 4% in May and ongoing U.S.-Iran tensions affecting market sentiment. Gold dropped about 2.2% to near $4,165.90 an ounce, while silver declined over 1%. The persistent...
Larry Ellison's net worth fell by over $10 billion after Oracle shares dropped more than 4%, amid a broader tech stock decline. This slide pushed Ellison from second to fifth-richest globally, behind Jeff Bezos and Google co-founders. Oracle's shares...
Palantir and Oracle both released earnings highlighting AI as a growth driver but with contrasting business approaches. Palantir, a capital-light software company, reported 70% revenue growth led by a 137% surge in U.S. commercial AI adoption, with r...
Oracle has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Talent Acquisition Suites, highlighting its Oracle Fusion Cloud Recruiting and Recruiting Booster solutions. These AI-powered tools enhance candidate sourcing, personalized...
