Oracle earnings are coming on September 10, and the setup is worth watching. 👀
Revenue is expected around $19.1B, while Oracle’s backlog has grown to a massive $638B.
AI Cloud growth will be a major focus, especially after the strong momentum seen last quarter. The big question is whether Oracle can turn that huge backlog into actual revenue quickly enough.
Investors will also be watching spending, debt, and future AI infrastructure investments closely.
A strong report could boost confidence in Oracle’s AI growth story, while weaker results could raise questions about valuation and execution.
For traders, $ORCL could see increased volatility around the earnings release.
I’ll be watching $ORCL and $NVDA closely as the AI trade continues to evolve. 📊
The US economy added 162K jobs, far above the 56K expected. That’s a massive beat and a clear sign that the labor market may still be stronger than many expected.
The stronger jobs data is pushing rate hike expectations higher, which is giving the US dollar and Treasury yields more room to climb.
At the same time, higher yields are putting pressure on gold and tech stocks, as markets adjust to the possibility of tighter monetary policy.
For me, the next thing to watch is the dollar’s reaction. Will $DXY continue higher, or will the market eventually cool off?
You can track USDOLLARINDEX on BingX and keep an eye on the move in real time.
Macro data is definitely making things interesting. 📊
U.S. ADP employment came in at 38K, below the 47K expected. 📉
For me, this is another sign that the U.S. labor market could be cooling.
A weaker jobs number can change how traders think about the Fed and future interest rates. If rate expectations become less aggressive, risk assets could get some breathing room.
Now I’m watching how the market reacts across BTC, gold, stocks, and the U.S. dollar.
The interesting part is that crypto can react quickly when macro data changes the rate outlook.
I’ll be keeping an eye on $BTC and the wider market on BingX TradFi.
The next move could depend on what happens with yields and the dollar.
Do you think weaker jobs data is bullish for crypto, or could it signal bigger economic problems ahead? 👀