Big Test for the Market This Week
Big Test for the Market This Week
This could be a big week for stocks. Investors are watching fresh inflation data closely after a stronger-than-expected jobs report pushed rate-hike expectations higher. Then there’s earnings, which could give investors another look at whether massive AI infrastructure spending is actually translating into growth, especially with Oracle taking on significant debt to fund its data-center expansion. Add rising energy costs to the mix, and there are plenty of reasons for volatility. What do you think moves the market more this week, inflation, earnings, or energy prices?
Inflation data probably sets the tone, but Oracle’s earnings could really move the AI trade.
For sure, cloud infrastructure growth and RPO backlog numbers are going to be under a microscope to see if AI demand is actually converting into real revenue. If Oracle shows strong OCI numbers, it could definitely give the broader tech trade a solid boost.
