Oracle’s AI-Fueled Quarter Stuns Wall Street Oracle’s latest earnings quarter shocked Wall Street and sent its stock soaring on an AI-fueled wave of optimism. Shares of Oracle jumped as much as 35–40% intraday and closed up about 36% on Wednesday, marking the company’s largest one-day gain in over three decades startupnews.fyi. This remarkable rally added roughly $250 billion to Oracle’s…
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Key Facts Cryptocurrency Price & Market Movements Bitcoin Bulls Charge Past $110K: The crypto market surged mid-week, led by Bitcoin’s rally on Sept. 10 that saw the leading cryptocurrency breach $114,000 cointelegraph.com. Traders cheered a U.S. Producer Price Index (PPI) report showing inflation cooling more than expected – just 2.6% YoY in August (vs 3.3%…
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Key Facts Market Overview – Record Highs on AI Euphoria Wall Street’s major indexes roared to new heights in mid-week trading as AI-driven optimism swept the market. On September 10, the S&P 500 climbed 0.3% to a record 6,532.04, and the Nasdaq Composite edged to its third straight record high close reuters.com. Investors were energized…
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Key Facts: Cryptocurrency Market Trends and Price Analysis:After a rocky summer rally and subsequent cooldown, crypto markets showed mixed signals over Sept. 9–10. Bitcoin (BTC) traded in a narrow range around $110K–$111K for most of the period, reflecting remarkably low volatility cryptonews.com. Traders and analysts attributed the calm to macro uncertainty – with U.S. inflation reports…
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Key Facts Oracle (ORCL): Cloud Orders Propel Stock Higher Oracle on Sept 9 stunned investors by revealing its Oracle Cloud Infrastructure (OCI) business had booked an RPO (remaining performance obligation) of $455 billion – and expects it to exceed $500 billion soon – as enterprises rush to deploy AI applications. CEO Safra Catz told analysts OCI revenue…
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Key Facts Crypto Market Steadies as Investors Eye Macro Catalysts Bitcoin held firm above the $110K–$111K range through September 8–9, extending a week of low-volatility consolidation coindesk.com. Analysts noted this calm in Bitcoin’s price comes as traders await U.S. inflation reports (Producer Price Index on Sept 10 and Consumer Price Index on Sept 11) that…
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Key Facts In-Depth Report Massive Deals and Surging AI Stocks The week kicked off with a blockbuster deal underscoring the insatiable appetite for AI computing power. Nebius Group, an Amsterdam-based cloud provider born from Russia’s Yandex, announced it will provide Microsoft with dedicated GPU infrastructure in a 5-year deal worth $17.4 billion (potentially expanding to $19.4 B)…
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AI Stock Market Performance: Rallies, Slumps & Record Volume The past few days highlighted just how volatile – and influential – AI-focused stocks have become across global markets. In the U.S., major “AI winner” companies saw mixed fortunes. On Friday, Broadcom (AVGO) stunned the market with a +9.4% surge after revealing a massive new $10 billion…
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Key Facts Broadcom’s $10 B Order Ignites AI Stock Rally Broadcom became the week’s biggest AI stock story after disclosing a $10 billion order for custom AI chips from an unnamed “new customer” – widely presumed to be OpenAI – and projecting above-consensus sales next quarter. Its shares soared 9.4% on Friday in response, buoying the broader…
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