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Breaking market news and updates
Oracle's Cloud Infrastructure Revenue Jumps 121% to $7.4 Billion as Backlog Swells to $664 Billion
Oracle's fiscal Q1 2027 results beat Wall Street estimates as cloud infrastructure revenue rose 121% to $7.4 billion and RPO backlog hit $664 billion, while capital spending and cash burn surged.
Stock Market Today: Communication Services Leads While S&P 500 Slips
Communication Services led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.
10-Year Treasury Yield Tops 4.95% as Oil Crosses $100, Treasury Buyback Falls Short
CNBC reported the 10-year Treasury yield rose more than 11 basis points to 4.954% Thursday, its highest since October 2023, as U.S. oil topped $100 a barrel and Treasury's buyback took in only about half the $10.5 billion offered.
OpenAI Launches ChatGPT for Financial Services With Morgan Stanley, Evercore as Design Partners
OpenAI launched ChatGPT for Financial Services, built with design partners Morgan Stanley and Evercore and powered by GPT-6 Astra, with bundled data from LSEG, Daloopa, PitchBook and others, per CNBC and Reuters.
Apple Unveils $1,999 iPhone Duo Foldable, Leaves Non-Pro iPhone Out of Fall Lineup in Ternus's CEO Debut
At his first keynote as Apple CEO, John Ternus unveiled the $1,999 iPhone Duo foldable and a $1,199 iPhone 18 Pro, with no standard iPhone 18 in the fall lineup, per CNBC and other outlets.
Reports: Gold, Silver Slide as PPI Hits 5.4%
Gold and silver PPI reaction: prices fell as August PPI hit 5.4%, pushing Fed hike odds to 60%. Here's why traders are watching closely.
Reports: Brent Oil Price Today Tops $101 on Hormuz
Brent oil price today jumped 3.4% to $101.21 after Hormuz tanker attacks collided with US inflation data and ECB decision. See what's driving crude.
Stock Market Today: Energy Leads While S&P 500 Slips
Energy led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.
Reports: Brent Crude Price Prediction: Tops $100 Again
Brent crude price prediction in focus as oil tops $100.19 on Middle East tanker strikes—here's why traders are watching Hormuz and Red Sea flows.
Reports: Treasury Buyback Announcement: Size Reveal at 11AM
Treasury buyback announcement drops around 11 a.m. as Bessent doubles down on bond buybacks, telling FX traders 'I am the house now.'
Reports: Brent Crude vs Gold: Oil Hits $99 on Attacks
Brent crude vs gold: oil spikes to $99 after Saudi facility attacks while spot gold gains 0.65% to $4,435. What traders should watch next.
Stock Market Today: Energy Leads While S&P 500 Slips
Energy led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.
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