Market Overview - The market is currently mixed, with the Dow down approximately 200 points, the S&P 500 up nearly 0.3%, and the NASDAQ roughly flat [1] - The bond market has resumed its downward trend, with the 10-year Treasury yield approaching 4.03% and the 30-year at 4.68% [1] - Utilities and tech sectors are outperforming, each up more than 1.6%, while consumer discretionary and healthcare sectors are lagging [1] Oracle's Performance - Oracle's stock surged nearly 40% following a strong quarterly earnings report, with cloud revenue expected to skyrocket [8][10] - The company's backlog of orders increased by 77% in one quarter, potentially exceeding $500 billion [9][10] - Year-to-date, Oracle's stock has nearly doubled, reflecting a significant transformation into a leader in AI infrastructure [8][34] Federal Reserve Developments - President Trump's nominee for the Federal Reserve Board, Steven Myron, is likely to be confirmed, raising concerns about central bank independence [1][2] - The Senate Banking Committee voted along party lines to advance Myron's nomination, with a full Senate vote expected soon [1][2] - Investors anticipate a 25 basis point rate cut at the upcoming Fed meeting, with discussions about potentially ending quantitative tightening [2][4] IPO Market Activity - The IPO market is experiencing a resurgence, with several companies, including CLA, making their public debuts [5][6] - The favorable environment for IPOs is attributed to the prospect of rate cuts and low market volatility [5] - Companies are increasingly focusing on demonstrating profitability and AI strategies to attract public market investors [6] Other Company Insights - Rocket Companies received an upgrade from Bank of America, with expectations that lower rates will benefit mortgage activity [12] - Nike's stock was upgraded by TD Cowan, citing improvements in brand loyalty and operational execution [15][17] - The tech sector continues to see significant movements, with companies like Nvidia and Broadcom also showing strong performance [1][8]

LIVE S&P 500 Builds on Record High After PPI Inflation Report Last Updated: 37 min ago The Fed Won't Go Big on Rates, Says Neil Dutta. Why It Should. By Karishma Vanjani Proponents of a rate cut have "a very strong case" for a large move lower in rates this time around. That's according to Neil Dutta, head of economics at Renaissance Macro Research. In a note Wednesday, he wrote that given labor market conditions are cooling more rapidly than they were to start the year and tariff related pass-through has n ...

had here today. Jeffrey's chief market strategist and CNBC contributor David Zervos is back. Always good to see you, Z.Welcome. Great to be here. What do you make of this uh inflation versus margin story in PPI today.You know, we had a big surprise last time, a lot of it revised away and then this big surprise to down. It's a volatile number and I the big numbers tomorrow, but it's great news. I think it feeds the narrative that many had hoped for.Uh, and it takes uh it takes us back to kind of where Steve ...

Market Overview - The S&P 500 and Nasdaq Composite reached new record highs as wholesale prices unexpectedly declined, supporting the case for a potential rate cut by the US Federal Reserve [1][3] - Investors are anticipating consumer inflation data, which could significantly influence the Fed's upcoming decisions [1] Company Performance - Oracle's shares surged by 35%, contributing to Nasdaq's record performance, following reports of a 1,529% increase in multi-cloud database revenue from Amazon, Google, and Microsoft due to AI server demand [2][4] - Other notable gainers included Vistra Corp., Nvidia Corp., and Nike Inc., while Amazon.com Inc., Apple Inc., McDonald's Corp., and Walt Disney Co. experienced declines [4] Sector Performance - In early trading, six out of eleven sectoral indices were in the green, with information technology and energy sectors leading the gains, while consumer discretionary and communication services sectors were in the red [4] Commodity Prices - Spot gold increased by 0.6% to $3,648.15 per ounce, and crude oil prices rose by 0.7% to $63.07 per barrel [5]

分组1 - US stock futures are rising, driven by Oracle's strong earnings report and optimistic outlook for its cloud infrastructure business, leading to record highs for the S&P 500 and NASDAQ [1][10] - Deutsche Bank raised its year-end target for the S&P 500 to 7,000 points, implying a gain of over 7% from current levels, while Barclays also increased its forecast to 6,450 points, citing strong earnings and resilient economic growth [1][10] - Oracle's cloud revenue is expected to grow 77% year-over-year to $18 billion, with AI-driven cloud revenue projected to reach $144 billion by fiscal year 2030, resulting in a market cap increase of $212 billion [1][10][22] 分组2 - The IPO of fintech company Clet is anticipated to be one of the largest this year, priced at $40 per share, valuing the company at $15 billion, with strong demand indicated by oversubscription [2][3] - Novo Nordisk announced a reduction of 9,000 jobs globally and cut its profit forecast for the third time this year, aiming to save $1.3 billion by 2026 [7][8] - Chewy reported a profit decline in its fiscal second quarter despite increased sales, impacted by a $79 million expense related to share-based compensation [9] 分组3 - The Producer Price Index (PPI) showed an unexpected drop in wholesale prices, with a year-over-year increase of only 2.8%, lower than the expected 3.5%, indicating potential for a Federal Reserve rate cut [1][6] - A federal judge blocked President Trump's attempt to remove Fed Governor Lisa Cook, allowing her to participate in the upcoming Fed policy meeting [1][3] - The Senate Banking Committee is expected to vote on Steven Myron's nomination to the Fed, who is in favor of lower rates, potentially influencing the Fed's decision [4][5]

RT Bull Theory (@BullTheoryio)TODAY'S PPI DATA IS MUCH MORE IMPORTANT THAN YOU THINK 🚨At 8:30am ET, the US PPI & Core PPI data will be released. Expectations for PPI is 3.3% YoY, while for Core PPI it's 3.5% YoY.Why it matters:PPI tracks wholesale inflation → a leading signal for inflation → directly shapes Fed’s rate cut decisions.Last month, hotter PPI triggered a sharp crash in stocks and crypto.Scenarios today:➜ Above 3.3% → inflation sticky → bearish for crypto.➜ At 3.3% → neutral → risk-on assets coul ...

JPMorgan CEO Jamie Dimon told CNBC in an interview on Tuesday that the record revision to U.S. payrolls data underscores that the U.S. economy is contending with a slowdown. “The economy is weakening,” Dimon said. “Whether that is on the way to recession or just weakening, I don’t know.”“The labor market appears weaker than originally reported,” said Jeff Roach at LPL Financial. “A deteriorating labor market will allow the Fed to highlight the need to ease rates. Investors should expect the Fed to officiall ...

Group 1 - The dollar index (DXY) has recovered from a 1.5-month low, increasing by +0.08% due to higher T-note yields strengthening interest rate differentials and prompting short covering in the dollar [1] - Preliminary benchmark payroll revisions indicated a loss of -911,000 jobs in the US through March 2025, which is a wider loss than the expected -700,000, signaling a weaker labor market [3] - The markets are now pricing in a 10% chance of a 50 basis point rate cut at the upcoming FOMC meeting on September 16-17, a significant shift from previous expectations of zero chance [4] Group 2 - The euro (EUR/USD) fell by -0.21% from a 1.5-month high due to the dollar's rebound, compounded by a significant decline in French manufacturing production [5] - French manufacturing production for July decreased by -1.7% month-over-month, which was worse than the expected decline of -1.2% and marked the largest drop in 14 months [6]

Economic Overview - The latest jobs report indicated that 22,000 jobs were added in the US in August, with the unemployment rate slightly increasing to 4.3% [2][3] - The labor force has decreased by 400,000 since April, contributing to the relatively low unemployment rate despite stagnant job growth [5][6] - The job market is described as "frozen," with businesses hesitant to hire or lay off employees due to uncertainty, particularly related to tariffs [1][4] Federal Reserve and Interest Rates - There is a strong expectation of a rate cut by the Federal Reserve, with discussions around a potential double 50 basis point cut in September [6][9] - The market's reaction to the jobs report suggests that investors are not optimistic about the current economic conditions, despite the potential for lower interest rates [6][9] - The Fed's reluctance to lower rates too quickly is highlighted, as they aim to avoid overreacting to short-term data [9][11] Artificial Intelligence Sector - AI is seen as a significant driver of market performance, with companies like OpenAI and Anthropic making headlines for their substantial valuations and revenue growth [17][19] - Anthropic reported a run rate of $5 billion in annualized revenue, reflecting a fivefold increase since the beginning of the year [19] - Concerns about the sustainability of high valuations in the AI sector are raised, particularly regarding competition and the potential for commoditization [21][23] Company-Specific Insights - Alphabet is positioned strongly in the AI market, benefiting from its core advertising business, which supports its AI initiatives [22][23] - Lululemon faces challenges with product relevance and competition, leading to concerns about its future growth potential [27][28] - Nike is attempting to regain its brand appeal and relevance in a competitive market, with recent partnerships indicating a strategic shift [32][33] Market Trends and Consumer Behavior - The discussion around consumer preferences indicates a shift, with brands like On Holding gaining traction while legacy brands like Lululemon and Nike struggle [34][35] - The impact of direct-to-consumer models is emphasized, as new brands can quickly rise in popularity without extensive marketing budgets [36][37] - The retail landscape is evolving, with companies like Target facing challenges but also opportunities for restructuring and differentiation [52][53] IPO and Valuation Concerns - CoreWeave's stock has seen significant volatility, reflecting broader market trends and investor sentiment towards tech IPOs [40][42] - Figma's recent IPO performance illustrates the challenges of maintaining high valuations post-IPO, with its stock price dropping significantly from initial highs [44][46] - The competitive landscape for Figma is complicated by its positioning between established players like Adobe and emerging free alternatives [46][47] Elon Musk and Tesla - Elon Musk's potential trillion-dollar pay package is framed as a strategic move to keep him motivated, with performance milestones tied to Tesla's growth [49][50] - The ambitious targets set for Musk's compensation package reflect confidence in Tesla's future market cap and operational success [49][50]

Key Points Dogecoin rallied 9.5% as futures markets priced in a 10% chance of a large rate cut in September. Friday's jobs report showed payrolls coming in more than one-third below expectations, fueling rate cut speculation. 10 stocks we like better than Dogecoin › Dogecoin (CRYPTO: DOGE) is rising today, up 7.4% in the last 24 hours as of 2:24 p.m. ET. The jump comes as the S&P 500 was mostly flat and the Nasdaq Composite gained 0.5%. Along with much of the crypto market, Dogecoin is jumping on r ...