Oracle(US:ORCL) 3 6 Ke·2025-11-27 04:00Group 1: Economic Indicators - U.S. durable goods orders increased by 0.5% month-on-month in September, surpassing market expectations of 0.3%, with core durable goods orders (excluding transportation) rising by 0.6%, indicating sustained business capital expenditure [1] - Initial jobless claims fell to a near multi-month low, highlighting the resilience of the labor market, which is seen as evidence that the economy has not significantly cooled [3] Group 2: Market Reactions - The combination of macroeconomic data has alleviated previous concerns about a "hard landing," leading to a return of funds to technology and growth sectors, with major tech stocks like NVDA, ORCL, DELL, and MSFT showing strong performance [7] - Major U.S. indices opened higher, with the Nasdaq 100's gains approaching 1% and the S&P 500 rising over 0.8%, indicating a market recovery from recent technical pullbacks [7][9] Group 3: Oracle Corporation (ORCL) Analysis - Oracle's stock rebounded by 4.02% after a nearly 30% drop over the past month, although it remains down over 40% from its September peak, raising questions about whether it is undervalued or a significant risk [11] - Analysts express a divide in opinion regarding Oracle's stock, with some viewing the current price as overly reflective of risks, potentially creating opportunities for long-term investors [13] - Concerns about Oracle's remaining performance obligations (RPO) exceeding $500 billion, which has grown by 411% over the past six quarters, have become a focal point for market anxiety [17] Group 4: Market Sentiment and Future Outlook - The market is experiencing a "risk appetite increase + growth valuation repair" trend, with the S&P 500 up over 3% and the Nasdaq rising more than 4% this week, marking the best performance since June [9][10] - The Federal Reserve's Beige Book indicated that overall economic activity has not changed significantly, but consumer spending has been negatively impacted by previous government shutdowns, contributing to a cautious market sentiment [7][10] - The market is currently in a phase characterized by liquidity and fundamental expectations, with a predicted GDP growth rate of 2.0% to 2.5% for the next year, suggesting a favorable outlook for risk assets [20][23]