Dow Jones futures rose following a beat in Oracle’s quarterly earnings, with the tech giant’s stock jumping 7.3% after reporting $1.24 billion in EPS and $13.9 billion in revenue. Meanwhile, crude oil futures fluctuated amid speculation about a potential U.S. strategic reserve release, with CL=F trading between $74.20 and $76.80 per barrel.
- Oracle reported EPS of $1.24, exceeding estimates by $0.18, with revenue at $13.9 billion.
- ORCL stock rose 7.3% after earnings, driven by 22% growth in cloud segment revenue.
- CL=F crude futures traded between $74.20 and $76.80 per barrel amid reserve release speculation.
- The VIX index climbed to 18.4, reflecting elevated equity market volatility.
- Dow Jones futures advanced 180 points in early trading, supported by tech sector momentum.
- Pending SPR release remains a key uncertainty for energy markets and inflation expectations.
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