🔥 Oracle reported a massive jump in bookings of future artificial intelligence business for its cloud infrastructure unit on Tuesday
This is sending shares in the US database company up 25 per cent to a record high in after-hours trading. The company’s remaining performance obligations business, it has booked that will feed through into future revenue leapt to $455bn, up from only $138bn three months ago. Safra Catz, chief executive, called it an “astonishing quarter” that had included Oracle signing “four multibillion-dollar contracts with three different customers” in the latest three months. Wall Street had been primed for a leap in bookings following the disclosure of a new $30bn-a-year contract the company signed in July, but had not expected the overall backlog to grow as fast. $ORCL Oracle Q1 FY26 (August quarter). • RPO +359% Y/Y to $455B. • Cloud revenue +28% Y/Y to $7.2B. • Revenue +12% Y/Y to $14.9B ($0.1B miss). • Non-GAAP EPS $1.47 ($0.01 miss). Source: FT, CNBC
BLS preliminary benchmark revision comes in way worse than expectations at -911k jobs
That's -229k below consensus -682k and exceeds last year's -818k revision. Two years, 1.7 million phantom jobs erased. The labor market has been far weaker than anyone realized. Source: Matt Cooper @HedgeyeFins
How All the Billionaires in 2025 Made Their Money
Forbes found that nearly one in six billionaires (or 464 billionaires in 2025) made their money in finance and investments. Tech is the second most common sector to find billionaires in (401 in 2025, an increase of 59 billionaires since 2024). Source : Visualcapitalist
Retail traders are reshaping IPOs
Wall Street is opening the door to individuals via platforms like Robinhood & SoFi. Bullish’s $1.1B IPO: 20% went to retail, stock jumped +143% on debut. Upcoming deals (Gemini Space Station, Figure, Via) are also reserving retail allocations. With retail now 20%+ of US equity trading, IPOs are no longer just for institutions. Source : Bloomberg
⚠️ Auto Loan Delinquency Rate is at its highest level in 14 years
Source: Barchart
This chart shows how the SP500 has performed since 1980 when the Fed cut rates near all-time highs
On average, the index gained 3.3% over 3 months, 5.5% over 6 months, and 9.8% over the next year with markets higher 100% of the time after 1 year. Since 1980, Fed cuts near highs haven’t stopped bull runs. Source: StockMarket.News, Carson Investment Research
On a 5-year basis Spanish Equity Index (in USD) is the best performing index among G20
Source: Winsmart
$TLT jumps to highest price since April 📈📈📈 Ready to breakout?
Source: Barchart
