Lookonchain APP

App Store

BiyaPay Analyst: Oracle Surges $247 Billion Overnight, Igniting the Global AI Market

4 hours ago

On September 11th, a BiyaPay analyst pointed out that the U.S. stock market witnessed a shocking feast last night. Tech giant Oracle (ORCL.US) released financial results that far exceeded expectations and provided AI-related guidance. Not only did the stock price skyrocket by 36%, marking the largest single-day gain since 1992, but it also pushed its market capitalization to nearly a trillion dollars, entering the top ten in the U.S. stock market in terms of market capitalization and surpassing traditional financial giants like JPMorgan Chase. In this "AI Violent Aesthetics" outbreak, several key data points were eye-catching: Oracle's remaining performance obligations (RPO) soared to $455 billion, a 359% year-on-year increase; its forward P/E ratio exceeded 48 times, hitting a new high since 2001; CEO Ellison's wealth surged by $88.5 billion in a single day, briefly becoming the world's richest person. Wall Street institutions have raised their target prices, with Citigroup giving the highest expectation of $410. This "explosive growth" in Oracle's financial report not only reversed the market's doubts about the sustainability of the AI frenzy but also led to a comprehensive rebound in AI concept stocks such as AMD, Nvidia, and Broadcom, declaring a new stage of AI infrastructure investment. BiyaPay, as a globally multi-market access intelligent financial platform, is helping users quickly track U.S. and Hong Kong stock market quotes and easily trade popular tech stocks. Through BiyaPay, users can deposit USDT and directly participate in U.S. stock trading, including AI leading enterprises like Oracle (ORCL.US), Nvidia (NVDA.US), realizing a seamless connection between digital assets and the traditional stock market.
Relevant content

US Stock Market Opens Higher, Crypto-related Stocks Soar

On September 11th, when the US stock market opened, the Dow increased by 0.25%, the S&P 500 rose by 0.37%, and the Nasdaq went up by 0.45%. Nvidia (NVDA.O) saw a rise of approximately 1%, and Oracle (ORCL.N) increased by 0.5%. Regarding cryptocurrency-related stocks, COIN rose by 1.28%, MSTR rose by 0.27%, CRCL rose by 0.58%, SBET rose by 0.71%, and BMNR rose by 2.86%.

3 minutes ago

Kraken Launches Perpetual Futures in Specific Jurisdiction

On September 11th, the cryptocurrency exchange Kraken launched a new perpetual contract product for eligible customers in a particular jurisdiction. Kraken pointed out that its product has some "built-in safeguards", such as a stop-loss function to restrict potential losses on the downside when "the market moves against your prediction". At the time of launch, traders will be able to use their Kraken USD balance as collateral, which can then be topped up with other assets. Kraken is getting ready for an initial public offering as early as the first quarter of 2026.

3 minutes ago

Asset management company Robeco increased its position in Strategy stock by $18 million in Q2.

On September 11th, Robeco Institutional Asset Management, which has an Asset Under Management (AUM) of $62 billion, purchased $18 million worth of Strategy stock during the second quarter. Currently, it holds 125,650 shares with a value of over $41.3 million.

3 minutes ago

US Stock Market: Shein Surges 200% in Pre-market Trading

On September 11th, Mogu Inc. (MOGU.US) experienced a 200% pre-market surge in the US stock market. Previously, Mogu Inc. announced that during the second quarter of this year, the Board of Directors approved a strategic allocation of corporate assets to digital assets, mainly consisting of Bitcoin, Ethereum, and Solana, as well as related securities and investment products. By leveraging the company's extensive AI research and development expertise, this action aims to expedite the company's entry into decentralized AI applications and services while enhancing fund diversification and long-term value preservation.

3 minutes ago

Analyst: Initial Jobless Claims Increase Linked to Texas Anomaly

On September 11th, Jordan Rochester from Mizuho Bank pointed out that the sharp increase in initial jobless claims was mainly driven by Texas. Perhaps this is the reason why the bond market is giving back some of its earlier gains. "It is difficult to get overly excited about this surge in claims. Do not regard it as a long-term trend as it is mainly driven by an anomaly in Texas." (FXStreet)

3 minutes ago

The Fed Doubles Down on Rate Cut Bet as Initial Claims Data Underscores Weak Job Market

September 11th. This Thursday, a U.S. government report indicated that the number of initial jobless claims rose sharply to nearly a four-year high. In the short-term interest rate futures market, the betting on a Fed rate cut continued to increase. It shifted from expecting at least two rate cuts by the end of this year to betting on four consecutive rate cuts from September to January next year. Eventually, it priced in three rate cuts by the end of the year, suggesting that the Fed will cut rates in all the remaining meetings this year. However, the August CPI growth was stronger than anticipated, which might prevent the Fed from making significant rate cuts. The probability of a 50 basis point rate cut by the Fed in September increased slightly from 8% before the announcement to 10.9%. (FXStreet)

3 minutes ago