They're gaslighting the oil market again. Global oil inventories are just six weeks away from hitting operational minimums. 🛢️🤔
https://t.co/8GEkM5Ka6t
Oracle just dropped their Q4 & FY2026 numbers and it's a lot.
➡ Revenue hit $19.2B, beating estimates by a hair 📈
Cloud is on fire — IaaS up 93% to $5.8B, total cloud $9.9B
Backlog hit $638B, with $75B in prepayments from customers 🤯
But the big spend is real — cape
Oracle just dropped their Q4'26 numbers and they're solid. Revenue came in at $19.2B, slightly above estimates, up 21% from last year. Adjusted EPS beat expectations at $2.11, a 24% jump. Cloud revenue hit $9.9B, growing 47% YoY, with OCI soaring 93% to $5.8B. Remaining performa
Big news: Iran’s parliament speaker Ghalibaf says the US and Israel aren’t serious about a ceasefire or talks after today’s Israeli attacks on Beirut. He claims these strikes and the US blockade of the Strait of Hormuz make their bases and assets in the region fair game. 💥
Kenya Bankers Association now says CBK should raise the Central Bank Rate ahead of the June 9 MPC meeting to anchor inflation expectations.
They cite rising oil prices, weak credit growth, slower economic activity, and pressure on imports.
Just buy top stocks when they hit the 200-week moving average and you'll crush the S&P 500 over time. Thing is, almost nobody has that discipline. - Charlie Munger $MA
@The_RockTrading Yeah, equal weight usually smooths out the extremes. But the real test is if those laggards can catch up without the big caps dragging them down.
Next, this is $AIQ / $RSP (SP Equal Weight). And again nothing too concerning here as we all can understand how stocks like $MU $SNDK $ARM etc have been extended since April lows.
So after that Pop Monday, what happens next? 👀
It’s all about whether the bulls can build enough steam to close those bearish gaps. Those gaps are tough resistance levels to break through. $SPY
Kenya’s gambling watchdog is pushing betting companies, casinos, and lotteries to link up with a central system. That way, authorities can keep an eye on bets and transactions as they happen 🕵️♂️💰
6/4 Morning Watchlist
News:
- $PLTR & $GOOGL deepen partnership by connecting Foundry & AIP with BigQuery & Gemini
- $MCHP wins US BIS export license for advanced FPGA R&D in Armenia
- $STI unveils patented extreme-climate space battery platform for satellites, lunar missions & LEO AI data centers
Earnings:
- Watching at the open $CIEN $AVGO $CRWD
Focus:
- Watching which names hold up the best today & we'll see how this pullback plays out
- Leaders still above their 10 days during premarket $MU $MRVL $SNDK $AMD $NOK $NBIS $DRAM $ARM $DELL $DDOG $STM $QCOM $BB $ALAB $VSH $HPE $CSCO $PENG $FTNT $TWLO etc.
- Watching how $CIEN does on earnings at the open and how $LITE $AAOI $AEHR react