$ORCL

Oracle and Yucca Growth Infrastructure proposed a design refinement for Project Jupiter's microgrid, cutting permitted emissions by 35%, including greenhouse gases, in response to regulatory and public feedback. The changes include an operating cap and reduced emissions of various pollutants. Oracle committed to 100% carbon-free energy matching by 2031 and meeting New Mexico's Energy Transition Act goals before 2045. The company will also develop a public environmental dashboard for the site.

Oracle (ORCL) fell 8.83% to $130.55, erasing $38B in market value, after CoreWeave's bond yields spiked, raising concerns about AI-related credit risks. Oracle's $664B backlog and $40B funding plan are under scrutiny, despite strong cloud revenue growth. Analysts see 82% upside, but financing costs and customer concentration pose risks.

Oracle (ORCL) reported a 30% revenue increase to $19.3B, with OCI growth accelerating 121% due to AI expansion. GPU utilization hit 97.9%, and FY2027 CapEx is projected at $90-95B. Despite strong performance, investors are cautious about future growth, and the stock trades at 19x forward earnings.

Bond yields for companies like CoreWeave have surged to 15%, signaling investor skepticism about AI spending commitments. Gavin Baker questioned the viability of AI spending plans, while Anthropic's Q3 revenue of $16.8 billion, up 45% q/q, failed to reassure markets ahead of its IPO. Treasury yields have also reversed, indicating a shift in investor sentiment.

US producer inflation surged beyond expectations, retail sales beat forecasts, and layoffs remained stable. Despite this, Treasury yields fell and the Dollar struggled. AI financing concerns drove a selloff in Nasdaq and Asian markets, with CoreWeave shares and bonds notably affected. Nasdaq Composite nears a critical support level, while the 10-year Treasury yield broke below 5.081%, raising concerns about a deeper market correction.

Oracle (ORCL) dropped 8.8% to $130.55 due to OpenAI revenue concerns, despite a $300B cloud deal. SkyDance (SKYD) fell 23.84% to $7.06 after issuing 470M warrants. Comcast (CMCSA), Versant (VSNT), and Netflix (NFLX) near 52-week lows. Gold, silver, and miners like Newmont (NEM) declined.

SpaceX is reportedly seeking a $40 billion debt package to purchase Nvidia chips, with $10 billion in bank loans and $30 billion in investment-grade debt. This follows similar large financing moves by Broadcom, Oracle, and CoreWeave for AI hardware. The AI boom is driving a new market for financing AI infrastructure, with suppliers like Nvidia, Broadcom, Vertiv, and Quanta Services benefiting from upfront payments.

Cboe Global Markets will extend options trading hours for 24 stocks and 5 ETFs, including AAPL, MSFT, and SPY, from 7:30 a.m. to 9:25 a.m. and 4:00 p.m. to 4:15 p.m. ET, starting Monday. The SEC approved the expansion, which aims to provide more trading flexibility and manage risk. Brokers like Robinhood and TradeStation will offer trading during these sessions.

Oracle (ORCL) faces regulatory scrutiny as the FTC subpoenas AI firms Anthropic and OpenAI, raising concerns about AI-related debt. ORCL's credit default swaps hit 288 bps, while its P/S ratio is near a 3-year low at 5.34. The company has a GF Score of 92, showing strong profitability and growth, but weak financial strength. Insiders have sold $113.2M in shares over the past year, with mixed guru activity.

Nasdaq Composite dropped 1.9% as AI stocks led market declines following higher-than-expected inflation data. Apple rose 0.5%, surpassing a $5 trillion valuation. Neocloud CoreWeave, Oracle, and Nebius saw significant losses. Asian markets also fell sharply. Gold rebounded, while Bitcoin remained under pressure. Upcoming US data on producer prices and retail sales may influence market sentiment.