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Tesla stock jumps on Musk's $1B stock purchase, Oracle shares rise on TikTok deal talks
Youtube· 2025-09-16 05:36
Hello and welcome to Market Domination. I'm Josh Lipton live from our NYC headquarters. Stocks mostly seeing gains here on Monday while investors are at the ready for a pivotal Fed Reserve meeting later this week.Plus, US and China trade talks unfolding with some positive results. We're going to dig into those stories later. Right now, there's just an hour to go until the closing bell.Let's take a look at the major averages here. The Dow is roughly flat right now. The S&P 500, your broad gauge is up about 4 ...
S&P Closes Above 6,600 for First Time | Closing Bell
Youtube· 2025-09-16 04:40
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greipel taking you through to that closing bell with a global simulcast. It starts now.Carol Massar and Tim Stenovec in the radio booth. Welcome to our audiences across the globe out here. I know she's just turned around like you're surprised at the same time every day.Carol Massar Yeah, but this day is different, right. It's this day is different. What did you say.Happy anniversary to Carol. Happy anniversa ...
EU’s Data Act enters application to enhance user data control
Yahoo Finance· 2025-09-15 16:59
The EU's Data Act has officially entered into application, granting users enhanced control over data originating from connected devices such as smartwatches and cars. The legislation took effect on 11 January 2024 and became applicable on 12 September 2025. It is designed to propel digital innovation and competition within the EU by establishing harmonised rules for data utilisation. According to the EU, the Data Act empowers consumers and enterprises to access, utilise, and distribute raw data generated ...
What does Oracle do?
Youtube· 2025-09-14 18:00
Shares of Oracle taking a hit today, but the software company is enjoying a monster run since its first quarter earnings report and the reported $300 billion cloud deal with OpenAI. For a deeper dive into Oracle, let's bring in now Corey Johnson, chief market strategist at Apistrophe Capital Research and host of the Drill Down podcast. Corey, my friend, always great to see you.So, listen. All right, Oracles in the red today, but it's after this just remarkable move yesterday. You have been pounding the tabl ...
Trading Day: Easy does it, fresh peaks for Wall St
Yahoo Finance· 2025-09-12 05:03
The European Central Bank kept rates on hold at 2% on Thursday and bank president Christine Lagarde signaled its rate-cutting cycle is over, saying the bank remains in a "good place" and that risks to the economy have become more balanced.Remember, a record downward benchmark annual revision to payrolls growth was announced earlier this week too. The labor market is clearly softening, but enough for a half-percentage point rate cut next week? That's still an outside bet, but the probability traders are atta ...
How Oracle & Nvidia stocks stack up, what the latest inflation report means for the Fed
Youtube· 2025-09-11 23:57
We're looking at live pictures of the New York Stock Exchange. Uh the exchange just finishing a moment of silence in remembrance those killed in the September 11th terrorist attacks. Ringing the bell to commemorate the event is 911 day.uh uh an organization that works to transform the anniversary of 9/11 into the largest day of service in America. I'm Y finance executive editor Brian Sazi and this is opening bid. Here's what I'm watching out of the gate today.Lots to get to. The hot potato gets passed to th ...
Oracle takes a breather after AI-powered record run toward $1 trillion club
Yahoo Finance· 2025-09-11 17:52
By Joel Jose and Akash Sriram (Reuters) - Oracle shares retreated on Thursday after a record AI-driven surge in the previous session that put the company closer to the trillion-dollar mark and co-founder Larry Ellison within striking distance of the world's richest person title. The enterprise software maker's remarkable rise, fueled by a wave of multi-billion-dollar cloud deals, puts the spotlight on the scramble for computing power from companies that are pouring billions to become leaders in the AI ra ...
OpenAI, Oracle eye $300bn cloud deal – report
Yahoo Finance· 2025-09-11 17:46
OpenAI has committed to a $300bn cloud computing contract with Oracle, expected to last nearly five years, according to a report by the Wall Street Journal citing undisclosed sources. This deal represents one of the largest cloud agreements in history. It indicates a significant investment in AI data centres amid discussions about potential market saturation, according to the publication. Scheduled to commence in 2027, the contract requires Oracle to provide 4.5 gigawatts (GW) of power capacity. This dem ...
Nebius prices stock-market offering at 44% premium to before it announced Microsoft deal
MarketWatch· 2025-09-11 17:14
Nebius on Thursday priced a stock-market offering at a 44% premium to where it stood before inking a massive cloud deal with Microsoft, a demonstration of how quickly the market can re-price earnings expectations in the AI age. ...
Asian Shares Mixed Ahead Of US CPI Data
RTTNews· 2025-09-11 16:41
Asian stocks ended mixed on Thursday as a drop in U.S. producer prices fueled hopes of Federal Reserve rate cuts and helped offset rising geopolitical tensions and widespread political turmoil in South Asia. Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting next week, but a half-point cut might become a real possibility if U.S. core CPI data due later in the day underwhelms. Consensus estimate show that t ...