European software stocks opened lower today after Oracle fell in late trading as it reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.
The Oracle share drop countered earlier positive sentiment across equities after Fed Chair Jerome Powell cut rates by 25 basis points, amid dissenting votes from Fed policymakers.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.
Chapters:
00:00:01 – The Opening Trade
00:00:46 – Market Check
00:04:13 – Fed Cuts with Three Dissents
00:07:02 – Oracle Earnings Disappoints
00:08:11 – US, Venezuela Oil
00:11:01 – Machado Arrives in Oslo
00:11:33 – Mexico Tariffs
00:12:06 – Ukraine Revised Peace Plan
00:14:17 – Fed Warns on Labor Market
00:26:00 – Oracle, AI Bubble Fears
00:40:46 – Maybe Weakness Isn’t All Oracle’s Fault: 3-Minutes MLIV
00:47:46 – Stocks to Watch: Schneider Electric, Orsted, Brunello Cucinelli
01:05:35 – Oracle Revenue
01:09:19 – US Seizes Oil Tanker Off Venezuelan Coast
01:17:17 – Visa, JPMorgan Among Firms Betting on Canary Wharf
01:27:49 – Portuguese Finance Minister on Frozen Russian Assets
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