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ORCL: Another Great Quarter With Strong Datacenter Business Growth

ORCL: Another Great Quarter With Strong Datacenter Business Growth

Image Source: PixabayCloud service revenues rose 21% to $5.6 billion, driven by 45% growth in Cloud Infrastructure (IaaS) revenue to $2.2 billion and 10% growth in Cloud Application (SaaS) revenue of $3.5 billion. Total remaining performance obligations were up 53% to a record $99 billion. The strong contract backlog will increase revenue growth throughout fiscal 2025.Oracle […]
Next Up: $2700

Next Up: $2700

Image Source: PixabayIt seems to me the precious metals rally is getting pretty long in the tooth. Don’t get me wrong – – I’m a precious metals booster! – – but the steady series of higher highs and higher lows that has been transpiring for many months now is due for a “higher low” awfully soon.More […]
Bond Market Enjoys Solid Tailwind Ahead Of Fed Meeting

Bond Market Enjoys Solid Tailwind Ahead Of Fed Meeting

Image Source: PixabayThe Federal Reserve is expected to cut interest rates this week. The question is whether the bond market has fully priced in the start of policy easing?It’s tempting to say “yes” after reviewing recent performance data. Year to date, all the primary categories of US fixed income markets are posting gains, based on a […]
Suddenly, There’s A 59 Percent Chance Of Half-Point Interest Rate Cut By The Fed

Suddenly, There’s A 59 Percent Chance Of Half-Point Interest Rate Cut By The Fed

Image Source: PexelsThe odds of a 50 basis point cut jumped from 15 percent on Wednesday to 59 percent Sunday evening.A month ago I expected a 50 basis point cut by the Fed based on weakening data.The data weakened alright, but following the the CPI report last Wednesday, I checked the odds at 15 percent.Late Sunday, […]
Altria Group (MO)

Altria Group (MO)

Image Source: PexelsAltria Group (MO) — formerly Philip Morris — is one of the world’s largest producers and marketers of cigarettes and other tobacco products.  However, the company’s current motto is “Moving Beyond Smoking” as it pushes smoke-free products and harm reduction.Regardless of your stance on tobacco stocks, Altria Group (MO) still does more than $20 […]
Bybit secures provisional VASP approval from Dubai’s VARA

Bybit secures provisional VASP approval from Dubai’s VARA

Key Takeaways Bybit obtains provisional VASP approval from Dubai’s VARA for crypto exchange services. Bybit establishes global headquarters in Dubai and partners with DMCC Crypto Hub. Share this article Bybit, the world’s second-largest crypto exchange by trading volume, has secured provisional approval for a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory […]
4 Opportunities In Private Equity Investing Today

4 Opportunities In Private Equity Investing Today

Image Source: Unsplash Deal activity in private equity has slowed significantly from 2021 due to high interest rates and economic uncertainty. Amid the slowdown, we believe that smaller, sector-specialist managers may be able to outperform larger, generalist managers. We also anticipate strong buying opportunities for venture capital investors. We see additional opportunities today in allocating more […]
OKX joins exSat as validator to boost Bitcoin scalability

OKX joins exSat as validator to boost Bitcoin scalability

Key Takeaways OKX joins exSat as a validator node to advance Bitcoin’s scalability and functionality. exSat employs a hybrid consensus mechanism combining Proof of Work and Proof of Stake. Share this article OKX, a leading crypto exchange and technology company, has joined exSat’s network as a validator node. This partnership aims to advance Bitcoin’s scalability […]
Pure-Play Cybersecurity Software Stocks Bounced Back Last Week

Pure-Play Cybersecurity Software Stocks Bounced Back Last Week

An Introduction Cyber crime damage is reported (see here) to reach $10.3 trillion by next year making the need for sophisticated cyber security crucial to protect networks, systems and other digital infrastructure from malicious cyber attacks (see here). On the other hand, however, it is estimated that cyber security spending was only $188B in 2023. Research […]
Crude Oil Demand Concerns Intensify

Crude Oil Demand Concerns Intensify

US oil prices eked out a small gain last week, ending a 4-week losing run. It looks like it was the hurricane disruptions that helped WTI recoup its losses for the week. Indeed, the Brent oil contract finished down for a fifth week. Both oil contracts thus remain in danger of resuming lower, with investor […]