CORNYVERSE

The much-anticipated August Producer Price Index (PPI) report has just been released, and it delivered a significant surprise. Instead of the expected rise, wholesale prices showed a slight decline, offering a dose of good news on the inflation front. This data is a critical signal for investors, as it directly influences the Federal Reserve's thinking on interest rates and the overall health of the economy.  Key Takeaways • Unexpected Drop: The headline PPI for August unexpectedly fell by 0.1% month-over-month, defying forecasts of a 0.3% increase. • Positive Market Reaction: The stock market reacted positively to the news, as lower-than-expected inflation eases pressure on the Fed to maintain high interest rates. • Core Inflation Cools: Core PPI, which excludes food and energy, also fell by 0.1%, further strengthening the disinflation narrative. • Fed Outlook: This report increases the likelihood that the Fed may feel more confident to consider rate cuts, pending c...

Oracle just delivered one of the most stunning announcements in recent memory, sending its stock into the stratosphere in after-hours trading. The legacy tech giant has forcefully declared itself a dominant player in the AI revolution, and the market's reaction has been nothing short of explosive.   📊 Key Takeaways Historic After-Hours Surge: Oracle's stock skyrocketed by as much as 28% in extended trading after its earnings call, a direct reaction to its incredibly bullish future guidance. AI-Fueled Growth Engine: The company projected its cloud infrastructure (OCI) revenue will grow a staggering 77% this fiscal year, driven by massive demand for AI workloads from clients like OpenAI. Record-Breaking Future Revenue: Remaining Performance Obligations (RPO)—a measure of future contracted revenue—exploded by 359% to $455 billion, signaling a massive, locked-in growth pipeline. Market Perception Shift: Despite narrowly missing current quarter estimates, investors c...