@jaycee01
Global Market Performance
- The S&P 500 futures jumped after a reading on wholesale prices unexpectedly declined, fueling hopes for a Federal Reserve rate cut.
- Oracle's shares surged 31% after the company revealed its multicloud database revenue grew 1,529% in the last quarter, driven by strong demand for AI servers.
- Nvidia and AMD also saw gains in premarket trading as investors appeared to be reinvesting in the artificial intelligence sector.¹
Major Stock Indexes
- S&P 500: 6,532.20 (0.11% increase)
- Nasdaq: 23,837.70 (-0.11% decrease)
Sector Performance
- Technology: 1.31% increase (17.45% YTD)
- Energy: 1.74% increase (2.91% YTD)
- Financial Services: -0.21% decrease (14.17% YTD)
Notable Stocks
- Oracle: Shares jumped 31% after strong cloud forecast
- Nio: Stock trading lower after $1 billion equity offering announcement
- Apple: Shares fell 3.3% after iPhone 17 launch event left investors underwhelmed
- Arm Holdings: Stock rose 7.7% after launch of powerful Lumex CSS platform² ³
6 replies
0 recast
2 reactions