Oracle becomes a data center operator with a massive $300B deal with OpenAI for cloud computing power.
Two crucial U.S. inflation figures will provide the final data puzzle to inform the Fed's September 17 decision.
Gold extends record rally.
Narrative changes from rate-cuts to slowing growth.
Fed officials are expected to lower rates by a quarter point at their September 16-17 meeting.
Goldman says Brent Oil to slump to low-$50s in 2026 on glut.
Global bond sell-off puts bond market at a critical juncture with 30-year Treasury yields close to 5%.
Asian stock markets are trading higher as major currencies in the region strengthened against the US dollar.
A US jobs report on Friday will be watched closely for its impact on US monetary policy.
While the PCE report is unlikely to yield a major surprise, it’s likely to suggest there’s stickiness in inflation.
It’s the most highly valued public company, but $50B in revenue does not put it even in the top 10 for traded companies.
Nvidia to give an update on the artificial intelligence spending boom and how the US-China rivalry is limiting growth.