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Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms — BJs Wholesale Club VA by Wikipedia Photo - USDA On-Line Photography Center - http://www.usda.gov/oc/photo/02cs0564.htm Archived August 15, 2002, at the Wayback Machine (By: Ken Hammond) / Creative Commons

US Economy · United States

Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

45% Center coverage: 77 sources

Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor Statistics report Wednesday. See the Story

Oracle surges on AI cloud growth as customers race to secure computing capacity — REUTERS / pwu404

Oracle · United States

Oracle surges on AI cloud growth as customers race to secure computing capacity

64% Center coverage: 17 sources

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.See the Story

Oracle stock gains 36% to post best day since 1992, adding $244 billion in value — REUTERS / ixx511

Oracle · United States

Oracle stock gains 36% to post best day since 1992, adding $244 billion in value

60% Center coverage: 5 sources

Oracle stock roared 35.95% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company to a historic gain.See the Story

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