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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