🧠 Oracle forecasts $144B/yr in AI cloud by 2030, CEO bids on Warner Bros. for son

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🏛️ Financial News

• Jobs Report 💼 CNBC: Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized

• Producer Price Index 🏭 CNBC: Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

• Consumer Price Index 🛍 CNBC: Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

• Federal Reserve 💵 CNBC: 10-year Treasury yield falls to 4% as traders weigh more inflation data; jobless claims rise to highest since 2021

  • CNBC: $7T ‘wall of cash’ worry is looming for investors once Fed interest rate cuts start

• Home Mortgages 🏡 CNBC: Mortgage demand jumps to the highest level in three years, as interest rates drop sharply

• US Tariffs : Foreign Investments 🗽 CNN: South Korea’s president says Georgia ICE raid could have ‘considerable impact’ on direct US investment from his country

  • CNBC: Trump tells EU to place 100% tariffs on India and China to pressure Putin

• Mexico Tariffs 🗽 euronews: Mexico to place 50% tariff on Chinese cars after US lobbying

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📊 Global Markets

• S&P 500 $VOO ( ▼ 0.02% )🌍 Sherwood by Robinhood: S&P 500 goes nowhere, Nasdaq 100 hits another record, small-caps tumble 

• Nasdaq $QQQ ( ▲ 0.44% ) 🌐Reuters: Nasdaq notches record high close, traders look to Fed meeting 

• ETF : $IPO ( ▼ 1.71% )  🚀 CNBC: IPO pops are nearing 10-year highs, and tech is leading the way 

• Europe Markets $STOXX ( 0.0% ) 🏰 euronews: European Central Bank leaves key deposit rate unchanged at 2% 

• Japan Markets $NIKKEI ( 0.0% )⛩️CNBC: Japan’s Nikkei 225 hits a new high as SoftBank surges nearly 10% 

• China Markets $MCHI ( ▼ 0.41% ) 🐉 Yahoo! Finance: Emerging-Market Investor Inflows Are a 2026 Story, BofA Says

• 🌍 Increase global exposure with Index GPT Generate index portfolio ideas to gain exposure to the largest indices in and outside the US, such the Eurozone, Germany, UK, France, China (Shanghai), India more.

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🛍 Stocks

• FinTech : Buy Now, Pay Later $KLAR ( ▲ 0.42% )💳 euronews: Klarna shares rise in their first day of trading on Wall Street

• Real-Estate : Technology $OPEN ( ▼ 13.78% ) 🏡 CNBC: Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%

• Crypto : Brokerages $COIN ( ▼ 0.28% )₿ CNBC: Gemini, the Winklevoss’ crypto exchange, pops more than 14% in Nasdaq debut

• Consumer : Transports $UBER ( ▲ 1.28% ) 🚖 CNBC: Uber will launch Blade helicopter rides next year through expanded Joby partnership

  • CNBC: Amazon’s Zoox jumps into U.S. robotaxi race with Las Vegas launch

• Jobs Report 💼 CNBC: Chewy Q2 Earnings Beat Estimates, FY25 Sales Outlook Raised but drops steep on net-profit loss

• Healthcare : Pharmaceuticals $NVO ( ▲ 1.05% ) 💊 euronews: Novo Nordisk to cut 9,000 jobs as Eli Lilly competition intensifies 

• Healthcare : Pharmaceuticals $PFE ( ▼ 3.98% ) 💊 CNBC: Pfizer, Moderna shares fall on report that Trump officials will link child deaths to Covid shots 

• Airlines $BA ( ▼ 1.84% )✈️ CNBC: Striking defense workers reject Boeing contract offer

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🌐 Technology 

• Technology $AAPL ( ▲ 1.76% ) 🍎 MacRumors: iPhone 17 Models Launch on September 19 With These New Features

  • TechCrunch: iPhone 17, iPhone Air, AirPods Pro 3, and everything else announced at Apple’s hardware event

• B2B Technology $ORCL ( ▼ 5.09% ) 🌐 CNBC: Oracle stock booms 40%, on pace for best day since 1992

  • Sherwood by Robinhood: Analysts revise up anything and everything they thought about Oracle

  • TechCrunch: Why the Oracle-OpenAI deal (five-year $300B cloud services agreement) caught Wall Street by surprise

  • CNBC: Larry Ellison is $110B richer after blowout Oracle earnings report

• Hyperscalers : DevOps (Europe) $NBIS ( ▲ 1.37% )🌩️ CNBC: Nebius shares soar 40% on Microsoft AI deal

• Hyperscalers : GPUs $CRWV ( ▼ 0.65% )🌩️ Sherwood by Robinhood: CoreWeave shares jump after it starts VC fund to invest in AI companies

• Software : MarTech $ADBE ( ▼ 0.34% )🖼️ CNBC: Adobe raises annual revenue and profit forecasts on strong design software demand

• Data Center : Hardware $SMCI ( ▲ 2.39% )🗄️ Sherwood by Robinhood: Super Micro rises as the company begins shipments of Nvidia Blackwell chips

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🦾 Artificial Intelligence

• China AI 🐉 South China Morning Post: Chinese companies could start making money from AI agents next year, UBS says

• China AI : Robotics 🦾 CNBC: Alibaba leads $100M investment in Chinese humanoid robot startup

• Frontier LLMs : OpenAI 🤖 TechCrunch: OpenAI secures Microsoft’s blessing to transition its for-profit arm

• State Regulations : Chatbots 💬 CNBC: A California bill that would regulate AI companion chatbots is close to becoming law 

  • CNBC: FTC launches inquiry into AI chatbot companions from Meta, OpenAI, and others

• 📧 Subscribe to Unprompted Invest beyond Nvidia in the $15T global AI market, from infrastructure, ingest & training, and inference (Coming soon)

⚖️ AI Jobs Watch 

• Business Adoption 💼 CNBC: Apollo Report: AI adoption rate trending down for large companies with more than 250 employees 

• Real-Estate Adoption 🏡 CNBC: Opendoor board chair Rabois says company is ‘bloated,’ needs to cut 85% of workforce 

• Frontier LLMs : Grok 🤖 Business Insider via Yahoo! Finance: Elon Musk's xAI lays off 500 workers tasked with training Grok

We’ll be back next Saturday morning to recap the week’s financial news.

Thanks to Vincent Alternatives Investing for sponsoring.

✨ Happy Unprompting,

Rawee
[email protected]

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