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Oracle shares skyrocket on AI cloud deals

Oracle shares skyrocket on AI cloud deals

Squawk Box Europe Express · CNBC International

September 11, 202529m 37s

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Show Notes

A 36 per cent surge in Oracle shares helps to fuel a second day in the green for the S&P 500 after the tech giant announced a series of multi-billion dollar A.I. cloud deals. A police manhunt is under way following the assassination of conservative activist and founder of Turning Point USA, Charlie Kirk, at a university campus event in Utah. The ECB is expected to hold interest rates steady today but further cuts are still expected by year-end as French political gridlock threatens wider growth across the euro zone. And buy-now, pay-later lender Klarna makes its public debut on the NYSE, breathing new life into Wall Street’s capital markets.

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Topics

ECBstock market newsmarket newsKaren TsoEurope business newssquawk box podcastArabile Gumedeeurope cnbcCNBC LondonEuropean business newseurope squawk boxGeoff CutmoreCNBC podcastCNBC EuropeSteve SedgwickCNBC podcastsSquawk Box EuropeCNBC InternationalEurope newsstocksCNBCinvestingmarketsPOLITICSEconomicsmoneyFinancial MarketsSquawk BoxBusiness NewsINTEREST RATE CUTScharlie kirk assassinationORACLEARTIFICIAL INTELLIGENCEklarna