Inflation data, Oracle earnings, and an energy supply crunch: What to watch this week

Live updates

1. 4d ago

   Oracle stock surges on cloud revenue growth amid inflation fears

   Oracle shares rose following a quarterly report showing cloud infrastructure revenue sales grew by 121%. The company reported a massive AI cloud backlog, cited between $638 billion and $664 billion, though demand currently outpaces supply. This growth occurs as markets face volatility from Treasury yields near 5% and inflation data that fuels expectations for Federal Reserve rate hikes. While Oracle's cloud results were strong, Adobe shares dropped following its own guidance report.

   Why it matters

   Oracle has underperformed the tech sector over the last year and lost a third of its value. Investors are using these earnings to gauge the broader health of the AI trade. The gap between Oracle's backlog and its market value remains a point of contention on Wall Street.

   What is confirmed

   • Oracle cloud revenue sales grew by 121% last quarter.
   • Oracle reported a surge in cloud infrastructure revenue in its latest quarter.

   Still unconfirmed

   • Oracle has a cloud infrastructure backlog of $638 billion.
   • Oracle has an AI cloud backlog of $664 billion.
   • Oracle shed a third of its value recently.
   • Treasury yields are near 5%.
   • Adobe stock dropped on guidance.

   What to watch next

   • Federal Reserve interest rate decision based on CPI data
   • Apple fall launch event
   • Developments in the Iran conflict
   Sources used for this update (7)

   1. finance.yahoo.com — Prediction: Oracle's $638 Billion Cloud Infrastructure Backlog Could Make It One of the Best-Performing AI Stocks Through 2028
   2. 247wallst.com — Oracle Is The Disruptive Cloud Wildcard: Do You Buy It?
   3. www.cnbc.com — Oracle options are doing something curious heading into earnings
   4. 247wallst.com — Oracle or Adobe: Which Earnings Report Will Reveal the True Growth Story?
   5. www.cnbc.com — Surging cloud revenue boosted Oracle’s quarterly results. Here’s what analysts are saying
   6. finance.yahoo.com — Oracle stock trims gains as AI cloud demand outpaces supply
   7. blockonomi.com — Oracle (ORCL) Stock Soars on AI Demand as Inflation Fears and Treasury Yields Shake Markets
   confidence 80%
2. 8d ago

   U.S. Inflation Data and Oracle Earnings Lead Market Focus

   Markets are centered on upcoming U.S. Consumer Price Index (CPI) data to determine if the Federal Reserve will hike interest rates. Investors are also monitoring Oracle earnings for insights into the state of Big Tech, alongside a reported energy supply crunch. Other key events include the European Central Bank's interest rate decision, Apple's fall launch event, and developments regarding the conflict in Iran. Trading is expected to be a short week.

   Why it matters

   Inflation figures serve as a primary trigger for central bank policy shifts. The ECB is expected to raise rates, while the Fed's next move remains dependent on the incoming CPI report. These macroeconomic indicators directly influence bond yields and foreign exchange markets.

   What is confirmed

   • U.S. inflation data is a primary focus for Wall Street this week.
   • Oracle is scheduled to release earnings reports.
   • The European Central Bank is expected to raise interest rates.
   • Apple has a fall launch event scheduled for this week.

   Still unconfirmed

   • Adobe and Macy's are among the companies to watch for earnings this week.

   What to watch next

   • Release of the U.S. Consumer Price Index (CPI) data
   • The Federal Reserve's decision on interest rate hikes
   • The European Central Bank's official interest rate announcement
   Sources used for this update (14)

   1. Yahoo Finance — Inflation data, Oracle earnings, and an energy supply crunch: What to watch this week
   2. Fortune — Upcoming inflation data could determine if the Federal Reserve hikes interest rates soon, leaving Wall Street on edge
   3. WSJ — Week Ahead for FX, Bonds: U.S. Inflation Data in Focus; ECB Expected to Raise Rates
   4. Investopedia — What to Expect in Markets This Week: Fresh Inflation Data; Apple’s Fall Launch Event and Oracle Earnings
   5. The Dark Side Of The Boom — The Week Ahead: CPI Holds the Casting Vote
   6. Barron's — Inflation, Apple, Adobe, Oracle, Macy’s, and More to Watch This Week
   7. Investor's Business Daily — Stock Market Week Ahead: Week Of The Big Bond Scheme
   8. Barchart.com — Short Trading Week, CPI and Other Key Things to Watch this Week
   9. apnews.com — Wall Street week ahead: The market focuses on key inflation updates
   10. finance.yahoo.com — Inflation data, Oracle earnings, and an energy supply crunch: What to watch this week
   11. Forex Factory — Week Ahead: US CPI, ECB, China Data, and More | Sep. 6-12
   12. Bloomberg.com — Watch This Week Is All About US CPI: 3-Minute MLIV
   confidence 90%