News

Microsoft (MSFT.O): Plans to increase data center capacity to 38 gigawatts, approximately three times the current size.

WTI crude oil futures surged 7.00% intraday, currently trading at $103.44 per barrel.

Foreign central banks held $11.146 billion in U.S. Treasury securities in the week ending September 4, compared with $14.005 billion in the previous week.

The yield on the two-year U.S. Treasury note rose 15 basis points to 4.58%, the highest level since 2024.

The UK Maritime Trade Operations Office (UKMTO) has received reports of an incident involving two vessels 4 nautical miles west of Khasab, Oman. The captains reported witnessing four unidentified projectiles striking two unidentified vessels 6 nautical miles north of their location; one vessel is on fire, and the condition of the other is unclear.

According to GasBuddy: The national average price of diesel in the United States has broken through $6 per gallon for the first time.

Oracle (ORCL.N) expects its Q2 cloud revenue to grow by 46%-70% year-over-year, or about 65%-71% at constant exchange rates.

Oracle's (ORCL.N) Q1 FY2027 revenue growth was primarily driven by triple-digit growth in cloud infrastructure revenue.

Oracle (ORCL.N) added 850MW of data center capacity in Q1 of fiscal year 2027.

Oracle (ORCL.N) added more than $30 billion in new cloud contracts in Q1 of fiscal year 2027, pushing its remaining performance obligations (RPO) up to $664 billion.

Oracle (ORCL.N) expects its cloud infrastructure revenue to grow by more than 70% in fiscal year 2027.

Oracle (ORCL.N) expects its total revenue to be at least $90 billion in fiscal year 2027.

Oracle (ORCL.N) reported a negative free cash flow of $5 billion in Q1 of fiscal year 2027.

Oracle (ORCL.N) reported $2.3 billion in operating cash flow in Q1 of fiscal year 2027.

Oracle (ORCL.N) shares rose more than 5% in after-hours trading.

Oracle (ORCL.N) reported $11.6 billion in cloud revenue in Q1 of fiscal year 2027.

Oracle (ORCL.N) reported Q1 revenue of $19.35 billion for fiscal year 2027, compared to $19.184 billion in the same period last year, and exceeding market expectations of $19.144 billion.

The Dow Jones Industrial Average closed down 316.20 points, or 0.60%, at 52,064.46 on Thursday, September 10; the S&P 500 closed down 44.56 points, or 0.58%, at 7,591.80; and the Nasdaq Composite closed down 171.62 points, or 0.65%, at 26,081.72 on Thursday, September 10.

Sources say that Altera, a programmable chip company backed by Silver Lake and Intel (INTC.O), is preparing for an initial public offering as early as this year.

Sources say that Petrobras, Brazil's state-owned oil company, is awaiting government measures to protect consumers from rising diesel prices.