Investment
Features
FeesSafety
Academy
More
Pluang+

Fed likely holds rates as Powell's term ends; UAE exits OPEC; Musk-Altman trial continues; Starbucks beats earnings.

Market News
29 Apr 2026
CNBC
View Source
Neutral
pluang ai news

The Federal Reserve is expected to keep interest rates steady today, with Chair Jerome Powell likely delivering his final press conference before his term ends in May. Meanwhile, the UAE announced it will leave OPEC, raising concerns about the cartel's influence on oil markets. The high-profile trial between Elon Musk and OpenAI CEO Sam Altman continues, capturing Silicon Valley's attention. Starbucks shares rose after beating Q2 expectations and raising its full-year outlook, driven by strong U.S. sales and traffic growth.

More News (ORCL)

Oracle stock faces steep drops in crises, with recoveries taking months, highlighting risk for investors.

Oracle stock faces steep drops in crises, with recoveries taking months, highlighting risk for investors.

Oracle shares recently dropped sharply amid market concerns despite $67 billion in AI deals and $70 billion planned spending. Historically, Oracle stock falls an average of 18% during market crises, worse than the S&P 500, with declines up to 40% in ...

Market News
Bearish
19 hours ago
New 2X short ETFs launched for Applied Optoelectronics and Oracle to capitalize on stock declines.

New 2X short ETFs launched for Applied Optoelectronics and Oracle to capitalize on stock declines.

Tradr ETFs has introduced two new leveraged ETFs that provide twice the inverse daily performance (-200%) of Applied Optoelectronics and Oracle stocks. These funds, listed on Cboe, offer traders tools to profit from or hedge against declines in these...

Market News
Neutral
1 day ago
Oracle shifts to hyperscaler with strong AI cloud growth, rated 'Strong Buy' despite risks.

Oracle shifts to hyperscaler with strong AI cloud growth, rated 'Strong Buy' despite risks.

Oracle is transforming from a traditional software company into a hyperscaler focused on AI-driven cloud infrastructure. The company faces risks from high debt and customer concentration, notably with OpenAI, but its accelerating cloud revenue and la...

Analyst Insights
Bullish
1 day ago
Oracle launches AI Studio Skill for building secure, integrated AI agentic apps in Fusion Cloud.

Oracle launches AI Studio Skill for building secure, integrated AI agentic apps in Fusion Cloud.

Oracle introduced a new AI Studio Skill within Oracle AI Agent Studio for Fusion Applications, enabling customers and partners to build AI-driven Fusion Agentic Applications natively inside Oracle Fusion Cloud. These applications use specialized AI a...

Others
Bullish
1 day ago
Bealls boosts clearance sales 25% with AI-driven pricing optimization from Oracle

Bealls boosts clearance sales 25% with AI-driven pricing optimization from Oracle

Bealls Inc., a 111-year-old US retailer, improved its clearance pricing strategy by adopting Oracle Retail Lifecycle Pricing Optimization (LPO). This AI-driven solution replaces fixed markdown schedules with dynamic pricing based on real-time demand,...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App