Cloud and AI growth beat expectations while investors grow less worried about Oracle’s debt plans and software disruption.
Oracle jumps 11% premarket as AI demand challenges ‘SaaS apocalypse’ fears
Cloud and AI growth beat expectations while investors grow less worried about Oracle’s debt plans and software disruption.
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One of the more impressive runs higher ever seen in stocks took at least a brief breather on Thursday, with Bitcoin Development Company MicroStrategy (MSTR) sporting a double-digit percentage loss
Longer-term Treasury yields may rise despite the anticipated Fed rate cuts, potentially offsetting the expected bullish effects on BTC and other risk assets.
A sharp drop in the bitcoin price while CME was shut leaves bitcoin futures trading well below Friday’s close.
CME open interest and futures premiums have slumped this year. Looser monetary policy may change the picture.