Inflation data, Oracle earnings, and an energy supply crunch What to watch this week

Image for article Inflation data, Oracle earnings, and an energy supply crunch What to watch this week
News Source : Yahoo Entertainment

News Summary

  • Friday's inflation data will be the real test for the Federal Reserve.
  • Big Tech will get its final real test of the quarter on Thursday when Oracle reports earnings.
  • The company's shares have fallen by nearly 20% since the start of the year, and nearly 30% over the past 12 months.
  • Oracle should report revenue growth for IaaS — "infrastructure as a service" — of 25% quarter over quarter and 116% year over year as it "expands" its data center footprint.

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