Zhong Guo Ji Jin Bao·2025-10-08 00:23Group 1: Oracle's Cloud Business Impact - Oracle's cloud business profit margin is reported to be lower than expected, leading to a significant drop in its stock price by nearly 7% during trading [3][4] - In the three months ending in August, Oracle generated approximately $900 million in revenue from renting servers equipped with NVIDIA chips, resulting in a gross profit of $125 million, which translates to a gross margin of less than 14% [3] - The rapid expansion of Oracle's cloud business is expected to lower its current gross margin of nearly 70% [3] Group 2: Market Reaction and Broader Implications - The news about Oracle negatively impacted the broader U.S. stock market, with the S&P 500 index falling by 0.38%, the Nasdaq Composite down by 0.67%, and the Dow Jones Industrial Average decreasing by 0.2% [3] - Major tech stocks, including NVIDIA, Microsoft, and Google, also experienced declines, reflecting a broader sell-off in the technology sector [5] - Tesla's stock fell by 4.45% despite the launch of new vehicle models, indicating investor concerns overshadowing product announcements [6] Group 3: Chinese Market Impact - The Nasdaq Golden Dragon China Index dropped by 2.24%, influenced by the downturn in U.S. markets, with notable declines in stocks like Xiaoma Zhixing and Qifu Technology [8] Group 4: Commodity Market Movements - International gold prices initially fell but rebounded to above $4000 per ounce, while the U.S. dollar index strengthened during the same period [2][10] - Oil prices remained stable, with the NYMEX WTI crude index rising by approximately 0.6% [10] Group 5: Mining Sector Developments - Trilogy Metals saw a significant stock increase of 211% following the announcement of government support for the Ambler Road project in Alaska, which aims to facilitate the development of mineral resources [11]