Stonkistan Daily Citizen

Oracle Stock Surges 9% Post-Earnings: Cloud Revenue Jumps 44%, Infrastructure Up 84%

Oracle surges after 'strong' Q3 and outlook, gets upgrade at J.P. Morgan

CPI preview: Economists forecast slight pickup in inflation in February

SolarEdge surges as BofA upgrades, saying revenue and liquidity have stabilized

Qualcomm downgraded, Rivian upgraded: Wall Street's top analyst calls

Bill Ackman aims for IPO, and the structure is worth a second look

Rachel Reeves warns fuel retailers not to make ‘excess profits’ from oil crisis; G7 ‘stands ready’ to release crude reserves – business live

Finance ministers from G7 countries resist pressure to release emergency oil stocks at video call today Iran war drives oil prices above $100 a barrel for first time since 2022 UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead Research show that poorer people are hit hardest by surging oil prices. As our economics editor Heather Stewart wrote yesterday: Recent research published by economists at the University of Massachusetts Amherst identified energy, along with food and agriculture as among the commodities that had “a disproportionate capacity to increase inequality when their prices rise”. Where there are benefits, these are narrowly shared. Another striking recent paper showed that after the 2022 oil price surge in the US, 50% of the windfall benefit from higher prices in the sector went to the wealthiest 1% of individuals, via the stock market. The bottom 50% of people received only 1%. Continue reading...

Stock futures cut losses as oil retreats from highs on supply hopes

China CPI tops estimates in February; core inflation surges to 1.8%, while PPI declines narrow to 0.9%

S&P 500 Movers: Trade Desk Surges on CEO Buy, Palantir Rides Geopolitical Wave, CrowdStrike Earnings Impress