☕️ [Task Coins Giveaway] Daily Market Talk — Oracle Sinks, Then Soars 7% on Cloud Blowout

Oracle fell -5.4% in Wednesday's session, dragged down by a hot US PPI print — then jumped as much as +7% after hours once its actual results landed: cloud infrastructure revenue +121%. That same PPI shock pushed Sept rate-hike odds to 71% and sent bond yields to multi-year highs. Let's dig in 👇

💬 Oracle fell -5.4% during the day, then jumped +7% after hours on its own earnings — was Oracle's stock actually up or down today?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Oracle Sinks, Then Soars 7% on Cloud Blowout

🔑 Key Event: $Oracle(ORCL.US) fell -5.4% Wednesday, dragged down by the day's hot PPI print — then jumped as much as +7% after hours once its results actually landed: cloud infrastructure revenue +121% to $7.4B, remaining performance obligations up to $664B, and a raised FY2027 outlook (≥$90B revenue).

@Shyon : I'm keeping an eye on the 10-year Treasury yield approaching 5%. Higher yields can pressure high-growth AI valuations... I'm staying constructive, but becoming more selective on valuation.

👀 Other to Watch

• US PPI rose +5.4% YoY (above 5.3% est.), pushing Sept hike odds to 71% and the 10-year yield to 4.95% (highest since 2023) — $Dow Jones Industrial Average(.DJI.US) -0.60% to 52,064.10, $S&P 500(.SPX.US) -0.58% to 7,591.70, $NASDAQ Composite Index(.IXIC.US) -0.65% to 26,081.73.
• $SK Hynix(SKHY.US) → JPMorgan initiated at Overweight ($245 PT), yet the stock still fell -5.2% as the same selloff hit the whole memory sector.
• $Adobe(ADBE.US) → posted a record Q3 (revenue +13%, EPS beat) but still fell -2.4%, unable to escape the same macro drag.
• $Taiwan Semiconductor(TSM.US) August revenue hit a record NT$514.8B (+53.3% YoY) — COO Y.P. Chao said it's building ~20 new fabs at once, 4-5x its historical peak pace, and still can't keep up with demand.
• Two exceptions: $Apple(AAPL.US) +3.6%, extending its post-launch rebound, and $Corning(GLW.US) signed a new multi-year fiber deal with Verizon through 2032 — though GLW itself still fell -3.2%.

🇸🇬 Singapore — STI Extends Its Slide

🔑 Key Event: $FTSE Straits Times Index(STI.SG) closed Thursday at 5,689.75, then eased a further -0.23% to around 5,676 as of publish time (~11am SGT).

👀 Other to Watch

• The three local banks bucked the index: $DBS(D05.SG) -0.01% to S$76.78, $OCBC Bank(O39.SG) flat at S$31.39, $UOB(U11.SG) +0.24% to S$41.09.

@FaithAnchor : DBS wins the dividend race but isn't the cheapest, UOB is the valuation winner, OCBC has the strongest earnings growth — DBS for quality and income, UOB for value, OCBC for growth.

🇭🇰 HK/China — HSI Falls Further on the Same Risk-Off

🔑 Key Event: $Hang Seng Index(00HSI.HK) closed Thursday at 24,954.47, then fell another -1.12% to around 24,675 this morning, hit by the same PPI-driven risk-off.

@Fattycat : The Hang Seng Tech Index has been under selling pressure these past few days. It feels like markets across the globe are just holding their breath, waiting for the Fed's rate decision.

👀 Other to Watch

• Tencent-backed AI chipmaker Enflame surged as much as +188% on its Shanghai STAR Market debut after a $911M IPO — one of China's "four little dragons" of AI chipmakers racing to match Nvidia; Tencent holds a 20% stake and is its biggest customer.

🌍 Other

• The ECB raised rates 25bp (deposit 2.50%, refi 2.65%, marginal lending 2.90%, effective Sept 16) — its second hike this year, citing Middle East conflict pushing inflation above target.
• Houthi forces seized Yemen's Red Sea port of Mokha, advancing toward the Bab-el-Mandeb strait — the same conflict keeping oil elevated.
• The US Treasury's own long-bond buyback disappointed again: only $5.19B completed of a $6B cap.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Sept 11, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏