FINWIRES · TerminalLIVE
FINWIRES
Oracle

Oracle

$ORCL
NYSETechnology

116 stories mentioning OracleUpdated 5d ago

Oracle trades amid a broad market rally and tech-sector gains driven by progress toward a US-Iran peace agreement and softer inflation data.

Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 5.4%.The Philadelphia Semiconductor index dropped 4.7%.In sector news, President Donald Trump said Friday on Truth Social his administration is opening a Section 301 investigation into the EU over fines it has levied against companies including Apple (AAPL), Meta (META), Amazon.com (AMZN) and Alphabet's (GOOGL) Google. "The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about," Trump said.In corporate news, Qualcomm (QCOM) told customers it is raising prices by a percentage in the double digits, Bloomberg reported, citing a copy of a letter it viewed. Qualcomm shares were down 2.7%.Oracle (ORCL) has secured a 10-year enterprise software contract worth about $7 billion with the US Department of Defense. Oracle shares were shedding 4.2%.Salesforce (CRM) shares gained 4.4% after it said Friday the US Department of Veterans Affairs awarded the company, through its distribution network, a three-year $1.6 billion agentic enterprise license agreement.SK Hynix (SKHY) and Samsung Electronics are set to sign large supply deals with US technology firms during President Lee Jae Myung's visit to San Francisco, several media outlets reported Friday, citing a senior presidential official. SK Hynix shares were down 9.2%.

$CRM$ORCL$QCOM$SKHY
Sectors

Sector Update: Tech Stocks Decline Friday Afternoon

Tech stocks were lower Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 4.3%.The Philadelphia Semiconductor index shed 2.7%.In sector news, President Donald Trump said Friday on Truth Social his administration is opening a Section 301 investigation into the EU over fines it has levied against companies including Apple (AAPL), Meta (META), Amazon.com (AMZN) and Alphabet's (GOOGL) Google. "The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about," Trump said.In corporate news, Qualcomm (QCOM) told customers it is raising prices by a percentage in the double digits, Bloomberg reported, citing a copy of a letter it viewed. Qualcomm shares were down 1.4%.Oracle (ORCL) has secured a 10-year enterprise software contract worth about $7 billion with the US Department of Defense. Oracle shares were down 1%.Amkor Technology (AMKR) shares fell 0.5%. The company said late Thursday it has launched a multiyear partnership with Nvidia (NVDA) to develop semiconductor packaging and test technologies for AI and accelerated computing platforms.

$AAPL$AMKR$AMZN$GOOGL$META$ORCL$QCOM
Wire

Top Midday Stories: US Imposes New Set of Tariffs on 60 Countries; Intel Posts Strongest Revenue Growth in 15 Years

All three major US stock indexes were up in late-morning trading Friday as the US imposed a new set of tariffs on 60 trade partners.In a Thursday statement, the Office of the US Trade Representative announced new tariffs on 60 countries over alleged "failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor." The duties took effect at 12:01 a.m. ET Friday, replacing President Donald Trump's 10% global tariffs, which expired on the same day, MS Now reported. Countries that have committed to prohibit forced labor were hit with a 10% tariff, while those that have not committed received a rate of 12.5%.In company news, Intel (INTC) posted fiscal Q2 adjusted earnings late Thursday of $0.42 per share, swinging from a loss of $0.10 a year earlier, and surpassing the FactSet consensus analyst estimate of $0.22. Fiscal Q2 revenue was $16.13 billion, up from $12.86 billion a year ago and above the FactSet consensus of $14.44 billion. For fiscal Q3, the company expects an adjusted EPS of $0.38 on revenue of $15.8 billion to $16.8 billion. Analysts expect $0.27 and $15.08 billion, respectively. "Our (second-quarter) results represent our strongest revenue growth in more than fifteen years, enabled by greater speed, accountability, and customer focus," Chief Executive Lip-Bu Tan said. Sales for the data center and AI segment surged 59% to $6.26 billion in the second quarter, while client computing and physical AI group increased 13% to $8.88 billion. Revenue for the foundry business rose 31% to $5.77 billion. "AI-driven compute continues to strengthen, and to support expected growth this year and next across products and foundry, we are meaningfully increasing our investments in equipment, clean room space, and substrates," Chief Financial Officer Dave Zinsner said. Intel shares were down 3.5% around midday.Oracle (ORCL) has secured a 10-year enterprise software contract worth about $7 billion with the US Department of Defense, the company said late Thursday. The agreement has a base value of $3.31 billion for the first five years and an overall value of $6.99 billion if all options are exercised. The contract will allow the Department of Defense organizations and contractors to procure Oracle's commercial offerings, including on-premises software and software-as-a-service applications, according to the company. The deal enables "a more standardized and efficient path" for the agency to obtain Oracle's cloud and artificial intelligence technology to support its mission-critical objectives, the company's executive vice president of government, defense and intelligence, Kim Lynch, said. Oracle shares were down 1.3%.SpaceX (SPCX) has begun limiting future commercial bookings for its Falcon 9 rocket beyond 2028 as it shifts its long-term launch strategy toward the Starship vehicle, Bloomberg reported Thursday, citing people familiar with the matter. The company is no longer accepting future Falcon 9 launch reservations, including bookings for its rideshare program, and has stopped making certain non-reusable Falcon components. SpaceX could still use Falcon rockets for Department of Defense and NASA missions, while noting its plans could change if Starship development faces further setbacks, according to the report. SpaceX shares were down 4.5%.American Express (AXP) reported Q2 earnings Friday of $4.53 per diluted share, up from $4.08 a year earlier and above the FactSet consensus analyst estimate of $4.40. Q2 net revenue was $19.64 billion, up from $17.86 billion a year ago and below the FactSet consensus of $19.7 billion. The company maintained its full-year EPS guidance at a range of $17.30 to $17.90, and raised its revenue growth outlook to 10%. Analysts expect EPS of $17.72. Card member spending gains of 9%, increased net interest income and card fee growth boosted the top line in the second quarter. "Based on our better-than-expected performance in the first half of the year, we are raising our full-year revenue growth guidance," Chief Executive Stephen Squeri said, adding that the firm plans to invest in growth initiatives as it sees "significant" opportunities ahead. American Express shares were down 5%.Verizon Communications (VZ) reported Q2 adjusted earnings Friday of $1.30 per share, up from $1.22 a year earlier, and above the FactSet consensus estimate of $1.28. Q2 operating revenue was $34.25 billion, down from $34.50 billion a year ago and below the FactSet consensus of $35.16 billion. The company said it expects full-year adjusted EPS of $4.99 to $5.04, compared with prior outlook of $4.95 to $4.99. Analysts expect $4.98. Verizon shares were up 3.5%.Amkor Technology (AMKR) said late Thursday it has entered into a multi-year strategic partnership with Nvidia (NVDA) to develop advanced semiconductor packaging and test technologies for next-generation AI and accelerated computing platforms. According to the agreement, Nvidia will offer a prepayment to support the expansion of Amkor's US advanced packaging capacity. Amkor shares were up 0.3%, while Nvidia shares were up 0.2%.Price: $97.10, Change: $-3.13, Percent Change: -3.12%

$AMKR$AXP$INTC$NVDA$ORCL$SPCX$VZ
Sectors

Sector Update: Tech Stocks Rise Premarket Friday

Technology stocks were rising premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.9% higher.Intel (INTC) stock was up more than 2% after the company reported that it swung to fiscal Q2 adjusted earnings as revenue increased during the period.Oracle (ORCL) won an enterprise software agreement from the US Department of War with a potential value of up to $7 billion over a 10-year term, the department said. Shares of Oracle were up more than 1% pre-bell.Salesforce (CRM) shares were up more than 1% after the company said the US Department of Veterans Affairs awarded the company, through its distribution network, a three-year $1.6 billion agentic enterprise license agreement.

$CRM$INTC$ORCL$XLK$XSD
Asia Markets

Update: US Equity Futures Nudge Higher Pre-Bell as Traders Weigh New US Tariffs, Declining Oil Prices

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures nudged higher pre-bell Friday as traders weighed a new set of tariffs imposed by the US on its trading partners and a decline in oil prices.Dow Jones Industrial Average futures were 0.4% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were 0.2% higher.The US has imposed new tariffs on 60 trading partners over alleged forced labor concerns. Countries that have committed to prohibit forced labor were hit with a 10% tariff, while those that have not committed will receive a rate of 12.5%.President Donald Trump is seriously considering a "massive attack" on Iran, but has not given a deadline for his decision, according to an Axios report Thursday. He said that Iran "wants to negotiate," but he does not currently want to make a deal.US forces completed the 13th straight round of attacks on Iran, US Central Command said in a post on X, adding that the Strait of Hormuz "remains open for transit" despite the recent attacks from Iran's Islamic Revolutionary Guard Corps.Traders also digested the latest round of earnings, with American Express (AXP) posting higher Q2 earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 3.4% at $97.27 per barrel and US West Texas Intermediate crude 3.3% lower at $89.20 per barrel.The July S&P Global Composite Purchasing Managers' Index, due at 9:45 am ET, is seen at 54.4, up from 53.9 previously, according to estimates compiled by Bloomberg. June new home sales, due at 10 am ET, are seen at a 607,000 annual rate, up from 580,000 previously.In other world markets, Japan's Nikkei closed 2.7% lower, Hong Kong's Hang Seng ended 1% lower, and China's Shanghai Composite finished 1.6% lower. Meanwhile, the UK's FTSE 100 was up 0.4%, and Germany's DAX index was 0.9% higher in Europe's early afternoon session.In equities, Intel (INTC) stock rose 3.4% after the company reported a Q2 beat for adjusted earnings and its strongest revenue growth in 15 years, driven by a 59% surge in the data center and artificial intelligence unit. Oracle (ORCL) shares were up 2.3% after the company secured a 10-year enterprise software contract worth about $7 billion from the US Department of Defense. Amkor Technology (AMKR) stock was 12% higher after the company said it entered into a multi-year strategic partnership with Nvidia (NVDA) to develop advanced semiconductor packaging and test technologies for next-generation AI and accelerated computing platforms.On the losing side, American Express shares dropped 3.8% after the company reported lower-than-expected Q2 net revenue. Verizon Communications (VZ) stock was down 1.7% after the company posted Q2 operating revenue that fell short of analysts' consensus estimates. Sanofi (SNY) shares fell 1.4% after the company said it stopped clinical testing and global regulatory applications for its amlitelimab medication treating moderate-to-severe atopic dermatitis.

Dow JonesNasdaq CompositeS&P 500$AMKR$AXP$INTC$NVDA$ORCL$SNY$VZ
Stocks Rise Pre-Bell as Traders Assess New US Tariffs, Latest Middle East Developments
US Markets

Stocks Rise Pre-Bell as Traders Assess New US Tariffs, Latest Middle East Developments

The benchmark US stock measures were trending higher before the open Friday as investors assess Washington's new phase of global tariffs and the latest developments in the Middle East.The S&P 500 and the Nasdaq gained 0.2% each in premarket activity, while the Dow Jones Industrial Average added 0.5%. The indexes ended the previous trading session lower, with the Nasdaq and S&P 500 recording their biggest one-day declines since June 23.In a fact sheet published on Thursday, the Office of the US Trade Representative announced new tariffs of 10% or 12.5% on 60 economies that it said have failed to prohibit or effectively enforce bans on imports made with forced labor, including China, India, the UK and the European Union.The duties took effect at 12:01 a.m. ET Friday, replacing President Donald Trump's temporary 10% global tariffs, which expired at the same time, CNBC reported.Earlier this week, Trump signed three proclamations to impose 50% tariffs on the imports of motor vehicles, alcohol and dairy products from Canada.West Texas Intermediate crude oil dropped 3.5% to $88.99 a barrel before the opening bell, while Brent fell 3.6% to $97.13.Trump told Axios on Thursday that he is seriously considering restarting major combat operations against Iran. The US Central Command said it completed its 13th consecutive night of strikes against Tehran on Thursday.The Iran-backed Houthi militants in Yemen recently claimed attacks on two Saudi Arabian oil tankers in the Red Sea, sparking concerns over a potential closure of the Bab el-Mandeb Strait, an alternate shipping route to the Strait of Hormuz.In a social media post, Trump said the US will hold Iran responsible and threatened "major military punishment" if its Houthi proxies continued to attack commercial ships.Treasury yields were down in premarket action, with the two-year rate retreating 3.4 basis points to 4.33% and the 10-year rate off 2 basis points to 4.68%."Rising oil prices have revived talk of a (Federal Reserve) rate hike, with rates markets now beginning to treat next week's (Federal Open Market Committee) meeting as a live decision after the 10-year yield pushed back toward its year-to-date high," Saxo Bank said in a report Thursday.The probability that the Fed will leave its benchmark lending rate unchanged next week stood at 71% on Friday, up from 66% the day before, according to the CME FedWatch tool. The odds of a quarter-percentage-point increase moved down to 29% from 34%.Shares of Intel (INTC) advanced 5.3% pre-bell after the chipmaker reported second-quarter results ahead of Wall Street's estimates. Oracle (ORCL) inclined 2.6% as the cloud computing giant secured a 10-year enterprise software contract worth nearly $7 billion with the US Department of War.American Express (AXP), Verizon Communications (VZ), HCA Healthcare (HCA), SLB (SLB), Charter Communications (CHTR), Booz Allen Hamilton (BAH) and Lamb Weston (LW) report their latest financial results before the bell, among others.Friday's economic calendar has the S&P Global's (SPGI) flash purchasing managers' index for July at 9:45 am ET, followed by the new home sales report for June at 10 am. The weekly Baker Hughes oil-and-gas rig count is out at 1 pm.Gold nudged up 0.3% to $4,061 per troy ounce, while bitcoin increased 0.2% to $64,949.

Dow JonesNasdaq CompositeS&P 500$AXP$BAH$CHTR$HCA$INTC$LW$ORCL$SLB$SPGI$VZ
Oracle Secures Nearly $7 Billion Enterprise Software Contract With Department of War
US Markets

Oracle Secures Nearly $7 Billion Enterprise Software Contract With Department of War

Oracle (ORCL) shares rose early Friday after the cloud computing company secured a 10-year enterprise software contract worth about $7 billion with the US Department of War.The agreement has a base value of $3.31 billion for the first five years and an overall value of $6.99 billion if all options are exercised, the technology giant said late Thursday.The contract will allow the Department of War organizations and contractors to procure Oracle's commercial offerings, including on-premises software and software-as-a-service applications, according to the company.The stock gained 2.7% in the most recent premarket activity, having lost about 38% so far this year.The deal enables "a more standardized and efficient path" for the DoW to obtain Oracle's cloud and artificial intelligence technology to support its mission-critical objectives, the company's executive vice president of government, defense and intelligence, Kim Lynch, said in a statement.The contract will improve the Department of War's enterprise usage visibility and help optimize its technology budget, it said in a separate statement."This nearly $7 billion agreement with Oracle strengthens our digital ecosystem, supporting our warfighters with secure, scalable technology to dominate current and future missions," DoW Chief Information Officer Kirsten Davies said.Last month, Oracle reported fiscal fourth-quarter results above Wall Street's estimates, buoyed by rising demand for cloud infrastructure driven by the AI boom. The company at the time maintained its fiscal 2027 revenue outlook and raised its non-GAAP earnings guidance to $8.05 per share.In a client note last month, Wedbush Securities said Oracle was "taking the right steps" to address the massive AI opportunity ahead, with its record backlog providing the revenue visibility to support its capacity buildout.

$ORCL
Sectors

Sector Update: Tech Stocks Rise Pre-Bell Tuesday

Technology stocks were rising pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.8% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 3.7%.Taiwan Semiconductor Manufacturing (TSM) plans to raise prices for both advanced and mature chip manufacturing by up to 10% beginning in 2027, Nikkei Asia reported, citing multiple unnamed sources. Shares of Taiwan Semiconductor Manufacturing were up more than 3% premarket.Mobileye (MBLY) shares were up more than 2% after the company said its cloud-enhanced Advanced Driver Assistance technology will be integrated into select future Stellantis (STLA) vehicles beginning next year.Oracle (ORCL) could be required to provide more than $7 billion in collateral for its planned Wisconsin data center after the state's utility regulator declined to ease credit rules for large power users, the Financial Times reported. Oracle stock was up more than 1% pre-bell.

$MBLY$ORCL$STLA$TSM$XLK$XSD
Commodities

Update: New Mexico Rejects Pipeline Permit for Oracle Data Center

(Updates with Oracle's statement in the ninth and tenth paragraphs.)New Mexico regulators have denied a request to construct a natural gas pipeline across state lands that would supply a massive proposed Oracle's (ORCL) data center, making it the second time the state blocked the project.In a letter dated July 14, New Mexico Land Commissioner Stephanie Garcia Richard rejected a reconsideration request from Energy Transfer (ET), which sought to build a 0.6-mile segment of a 17-mile pipeline through state-owned property.The Commissioner's decision reinforces an initial denial issued in March 2026 regarding rights-of-way and a business lease for the Green Chile Project.Commissioner Garcia Richard cited significant environmental and resource concerns as the basis for the decision, emphasizing that the project was not in the best interests of the state."Massive AI data centers like Project Jupiter can rapidly deplete critical natural resources like water and threaten ecosystems by generating shocking levels of emissions to power their operations," Commissioner Garcia Richard stated in the letter."I am once again rejecting Energy Transfer's request because the proposed natural gas pipeline appears to offer very little benefit to the State Land Office's beneficiary institutions, the local community, or New Mexico as a whole."The rejection poses a significant obstacle for Oracle's Project Jupiter, a planned campus in Dona Ana County."We continue to work through the permitting requirements as we move the project forward," Energy Transfer said in a statement to."Our cooling and fuel cell energy systems' average annual water usage is less than what 9 US households use in a year, and our new power strategy significantly reduces emissions compared to our prior power plan," an Oracle's spokesperson toldlate Friday."The project remains on-schedule, and we continue to work closely with our partners and New Mexico's public officials to move Project Jupiter forward," the spokesperson added.

$ET$ORCL
Commodities

Update: New Mexico Rejects Pipeline Permit for Oracle Data Center

(Updates with Energy Transfer's' statement in paragraph 8)New Mexico regulators have denied a request to construct a natural gas pipeline across state lands that would supply a massive proposed Oracle's (ORCL) data center, making it the second time the state blocked the project.In a letter dated July 14, New Mexico Land Commissioner Stephanie Garcia Richard rejected a reconsideration request from Energy Transfer (ET), which sought to build a 0.6-mile segment of a 17-mile pipeline through state-owned property.The Commissioner's decision reinforces an initial denial issued in March 2026 regarding rights-of-way and a business lease for the Green Chile Project.Commissioner Garcia Richard cited significant environmental and resource concerns as the basis for the decision, emphasizing that the project was not in the best interests of the state."Massive AI data centers like Project Jupiter can rapidly deplete critical natural resources like water and threaten ecosystems by generating shocking levels of emissions to power their operations," Commissioner Garcia Richard stated in the letter."I am once again rejecting Energy Transfer's request because the proposed natural gas pipeline appears to offer very little benefit to the State Land Office's beneficiary institutions, the local community, or New Mexico as a whole."The rejection poses a significant obstacle for Oracle's Project Jupiter, a planned campus in Dona Ana County."We continue to work through the permitting requirements as we move the project forward," Energy Transfer said in a statement to.Oracle did not immediately responded to' request for comment.

$ET$ORCL
Commodities

New Mexico Rejects Pipeline Permit for Oracle Data Center

New Mexico regulators have denied a request to construct a natural gas pipeline across state lands that would supply a massive proposed Oracle's (ORCL) data center, making it the second time the state blocked the project.In a letter dated July 14, New Mexico Land Commissioner Stephanie Garcia Richard rejected a reconsideration request from Energy Transfer (ET), which sought to build a 0.6-mile segment of a 17-mile pipeline through state-owned property.The Commissioner's decision reinforces an initial denial issued in March 2026 regarding rights-of-way and a business lease for the Green Chile Project.Commissioner Garcia Richard cited significant environmental and resource concerns as the basis for the decision, emphasizing that the project was not in the best interests of the state."Massive AI data centers like Project Jupiter can rapidly deplete critical natural resources like water and threaten ecosystems by generating shocking levels of emissions to power their operations," Commissioner Garcia Richard stated in the letter."I am once again rejecting Energy Transfer's request because the proposed natural gas pipeline appears to offer very little benefit to the State Land Office's beneficiary institutions, the local community, or New Mexico as a whole."The rejection poses a significant obstacle for Oracle's Project Jupiter, a planned campus in Dona Ana County.Neither Energy Transfer nor Oracle immediately respnded to' request for comment.

$ET$ORCL
Wire

Correction: NetApp, Oracle Launch New Storage Service

(NetApp said it released the official announcement in error without public disclosure approval.)Price: $158.67, Change: $-3.44, Percent Change: -2.12%

$NTAP$ORCL
Equity Futures Mixed Ahead of Key Inflation Data, Big Bank Earnings
US Markets

Equity Futures Mixed Ahead of Key Inflation Data, Big Bank Earnings

US equity futures were mixed before the open Tuesday as traders await a key inflation report and quarterly earnings of some of Wall Street's largest banks.The S&P 500 edged down 0.1% and the Nasdaq added 0.4% in premarket activity, while the Dow Jones Industrial Average fell 0.4%. The three main indexes finished the previous trading session lower.The official US consumer price index report for June is scheduled for an 8:30 am ET release. Data are expected to show that consumer inflation dropped 0.1% last month sequentially and rose 3.8% annually, according to a Bloomberg-compiled consensus. The Street is projecting core CPI, which excludes volatile items such as food and energy, to rise 0.2% month over month and 2.9% annually.Tuesday's main corporate earnings include those from JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS), Wells Fargo (WFC) and Citigroup (C).West Texas Intermediate crude oil was up 3.1% at $80.57 a barrel before the opening bell, while Brent gained 4.2% to $86.82.On Monday, President Donald Trump said the US was reinstating a blockade of Iranian shipping through the Strait of Hormuz amid growing tensions in the Middle East.Hostilities between the US and Iran resumed recently, weeks after they signed a memorandum of understanding to end their war that began at the end of February."Clearly, the risk is that this escalates to levels seen early in the war, where neighboring countries and their energy infrastructure are also targeted," ING Bank said in a report. "Escalation has slowed vessels transiting the strait to a trickle, renewing concerns over oil supply tightness through the third quarter."US Treasury yields were up in premarket action, with the two- and 10-year rates increasing one basis point each to 4.27% and 4.62%, respectively.Federal Reserve Chair Kevin Warsh is set to testify before the House Financial Services Committee at 10 am Tuesday, as part of his legal requirement to appear before Congress twice a year. He will speak before the Senate Banking Committee Wednesday.Fed Vice Chair for Supervision Michelle Bowman is also slated to speak Tuesday, along with other central bank officials, including Michael Barr, Lisa Cook and Austan Goolsbee.On Monday, Fed Governor Christopher Waller the central bank may have to consider raising interest rates if inflation remains high.There's a 61% likelihood that the Fed will keep its monetary policy unchanged later this month, up from 58% on Monday, according to the CME FedWatch tool. The odds of a 25-basis-point rate increase moved to 39% from 42%.SK Hynix's (SKHY, SKHYV) US-listed stock climbed 6.9% pre-bell after the South Korean chipmaker closed Monday with a 9.3% drop. SpaceX (SPCX) edged down 0.3% following a 4.2% decline at the end of the previous session. Oracle (ORCL) was down 1.9% early Tuesday, following a 6.5% fall at Monday close.Gold inclined 0.5% to $4,026 per troy ounce, while bitcoin rose 0.9% to $62,624.

Dow JonesNasdaq CompositeS&P 500$BAC$C$GS$JPM$ORCL$SKHY$SKHYV$SPCX$WFC
Wire

Bloom Energy to Gain From AI Power Demand, Brookfield Deal, New Grid Rules, UBS Says

Bloom Energy (BE) could win more large data center orders as its expanded Brookfield Asset Management partnership, fast delivery times, utility deals and easier grid rules support wider use of its fuel cells, UBS said in a note Tuesday.The Brookfield partnership has grown to $25 billion from $5 billion and should help Bloom Energy expand its power systems for artificial intelligence data centers worldwide, UBS said, adding that it expects more orders from AI companies and utilities, including growth from Bloom Energy's work with Nebius (NBIS), Oracle (ORCL) and American Electric Power (AEP).Data center operators are likely to focus more on the full cost of getting reliable power rather than only the cost of producing electricity, and Bloom Energy compares well under this measure because its systems can provide steady power near data centers and reduce the need for costly grid, storage and backup upgrades, according to the note.New US rules that may speed up grid connections for large power users could also help Bloom Energy, especially as data centers may need to cover the cost of grid improvements, the investment firm said.UBS kept its buy rating for Bloom Energy and raised its price target to $350 from $322, while adding that 2028 sales estimates have been increased to $8.84 billion from $8.51 billion amid expectations for higher demand.Price: $299.26, Change: $-3.44, Percent Change: -1.14%

$AEP$BE$BN$NBIS$ORCL
Asia Markets

US Equity Investors to Watch Out for Big-Tech Performance This Week While Awaiting Nonfarm Payrolls, Warsh's Speech

US equity investors will focus this week on the performance of Big-Tech shares amid nonfarm payrolls, Federal Reserve Chair Kevin Warsh's speech, and crude oil prices.* Last week on Friday, the Nasdaq Composite closed at about 25,297.62, down from 26,517.93 a week earlier, a decline of about 4.8%. All Magnificent-7 stocks ended the week lower, hitting the Nasdaq disproportionately compared with the S&P 500 and the Dow Jones Industrial Average, according to data compiled by Finviz. The three worst-performing stocks among companies with a market capitalization above $200 billion were Arm (ARM), Western Digital (WDC), and Oracle (ORCL), the data showed.* After an inflation report last week showed the personal consumption expenditures, or PCE, price index grew at the fastest pace since April 2023 on an annual basis in May, investors will watch nonfarm payrolls to gauge the state of the labor market and its potential impact on policy under the newly minted Warsh. Other macroeconomic data likely to garner attention includes ISM manufacturing, JOLTS job openings, and initial jobless claims.* Chair Warsh is expected to deliver a speech on Wednesday, which will be parsed closely for his views on last week's inflation print. Following the Fed's monetary policy meeting in June, the CME FedWatch tool shows a 41% probability that the target rate for fed funds will be in the 3.75% to 4% range from 3.5% to 3.75%. There is 29% likelihood the Fed will raise rates twice by 25 basis points each, as Warsh seemed to lean hawkish at the press briefing following the policy announcement.* The front-month West Texas Intermediate crude oil futures stood at $69.98 early Monday, trading close to levels seen around the beginning of the attack on Iran. The US and Iran will "stand down for now," a Trump administration official said after both sides traded fire near the Strait of Hormuz, CNN reported. Technical talks with Iran remain "on track," a US official told CNN.

Dow JonesNasdaq CompositeS&P 500$ARM$ORCL$WDC
Insider Trading

Oracle Insider Sold Shares Worth $63,664,040, According to a Recent SEC Filing

Jeffrey Henley, Director, Vice Chairman, on June 24, 2026, sold 400,000 shares in Oracle (ORCL) for $63,664,040. Following the Form 4 filing with the SEC, Henley has control over a total of 1,691,243 common shares of the company, with 1,691,243 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1341439/000134143926000064/xslF345X05/form4.xml

$ORCL
Commodities

AI Boom to Drive Data Center Fuel Cell Investment to $30 Billion by 2030, Rystad Says

Data center developers are poised to increase spending on fuel-cell power systems more than tenfold by 2030 as the artificial intelligence boom strains electricity grids and forces operators to seek alternative energy sources, Rystad Energy strategists said in a note on Thursday.Rystad analysts said revenue from fuel-cell deployments for data centers is projected to surge to about $30 billion by 2030, from about $2.8 billion in 2025.The forecast underscores how the rapid expansion of AI infrastructure is reshaping energy investment patterns, with developers increasingly turning to on-site generation to avoid grid connection delays.The shift comes as US grid interconnection timelines for large power loads have stretched to between three and six years, about triple the waiting period seen in 2015.Rystad analysts said that, as a result, about 40% of the projected US data center capacity by 2030 is expected to pursue dedicated on-site power generation rather than relying solely on utility networks.Fuel cells, renewable natural gas or hydrogen, are emerging as one of the leading solutions for securing reliable electricity supplies.The analysts said that, unlike large-scale gas-fired power plants, fuel-cell systems can be deployed relatively quickly while producing lower on-site emissions.The growing appetite for fuel-cell power is reflected in a contracted order book totaling about 9 gigawatts, including framework agreements with major operators such as Oracle (ORCL), American Electric Power Company (AEP), Equinix (EQIX) and Brookfield (BN).Rystad projects that cumulative fuel-cell demand from data centers will reach 10.4 GW between 2026 and 2030."Power availability has become one of the defining constraints on data center growth, and operators are increasingly looking beyond the grid for solutions," said Lein Mann Bergsmark, vice president of clean-tech supply chain research at Rystad Energy."Fuel cells have moved from a niche application to a measurable part of the firm power mix."North America is forecasted to dominate the market, accounting for about 91% of installed global on-site power-generation capacity by 2030.The region benefits from persistent grid bottlenecks, federal tax incentives and a well-established fuel-cell manufacturing ecosystem.Manufacturers are already moving to capitalize on the opportunity. Rystad said that aggregate operational and planned fuel-cell manufacturing capacity is projected to rise to 4 GW per year by 2030, compared with about 1.8 GW currently.Solid oxide fuel cells have emerged as the preferred technology for continuous data center operations, accounting for about 53% of cumulative stationary fuel-cell deliveries globally.Rystad projected that overall SOFC system costs will drop by 20% to 25% by 2030 as manufacturers ramp up output, which is expected to rise from 1.8 GW currently to 4 GW per year by 2030.Price: $152.50, Change: $-5.03, Percent Change: -3.19%

$AEP$BN$EQIX$ORCL
Wire

Market Chatter: Over 275 Temporary, Permanent Bans on Data Center Development Have Passed This Year

More than 275 temporary and permanent bans on data center development have been passed this year by state and local governments across the US, The Information reported Wednesday, citing its own research.Since 2023, more than 300 such bans have been enacted, and over 75 more are under consideration, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $239.62, Change: $+5.51, Percent Change: +2.35%

$AMZN$DLR$EQIX$GOOG$META$MSFT$ORCL
Wire

Over 275 Temporary, Permanent Data Center Bans Have Passed This Year, The Information Reports

Over 275 Temporary, Permanent Data Center Bans Have Passed This Year, The Information Reports

$AMZN$DLR$EQIX$GOOG$META$MSFT$ORCL
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were sharply lower late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 3.9% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 6.3%.The Philadelphia Semiconductor index tumbled 7.7%.In corporate news, Meta Platforms (META) is set to come under intensified scrutiny from European regulators, as the EU prepares to escalate an investigation into whether Facebook and Instagram are designed in ways that can be addictive for children, Bloomberg reported. Meta shares were down 0.3%.International Business Machines (IBM) shares gained 4.2% after Morgan Stanley raised its price target to $267 from $225, while keeping its equalweight rating.Alibaba (BABA) has filed a lawsuit against the US Department of Defense seeking to be removed from a blacklist that labels it as a supporter of the Chinese military, Bloomberg reported. Alibaba shares were down 2.1%.Oracle's (ORCL) total workforce fell by about 21,000 employees, or 13%, in fiscal 2026 to 141,000 as of May 31, according to the company's annual report. Oracle shares were falling 5.1%.

$BABA$IBM$META$ORCL

Showing 1-20 of 116

Track with the FINWIRES app suite

FolioX
FolioX
Track Oracle in your portfolio
WheelAI
WheelAI
Analyze Oracle options with the wheel strategy
StockInsider
StockInsider
See market sentiment on Oracle