News

Jinse Finance reported that the American financial website investinglive stated that after Oracle (ORCL.N) released its September financial report, its stock price once soared to $345, briefly making founder Ellison the world's richest person. Ellison positioned Oracle as "the backend infrastructure provider for the entire AI revolution," and investors fervently chased Remaining Performance Obligations (RPO), which became the core of bullish sentiment. However, two major factors completely shattered this bubble. The first is the reassessment of capital expenditure. In its Q2 financial report, the company raised its capital expenditure guidance for fiscal year 2026 to $50 billion, making investors realize that building data centers by issuing tens of billions in debt is not a "free lunch," and the market expressed concerns about its debt risk. The second is the delay in data center delivery. There are reports that the delivery time for the data center Oracle is building for OpenAI may be delayed until 2028. Previous optimism about Oracle was all based on speed, and if the speed advantage no longer exists, its high valuation loses support. The stock price of a certain exchange fell another 5% today, closing at $177, a plunge of nearly 50% from the September high.

U.S. Treasury Secretary Yellen: Any concerns about Haskett are "absurd." He, like others, is suitable to serve as Fed Chair.

BlockBeats News, December 18th, according to MLM Monitor, a certain whale address, after holding a heavy long position of tens of millions of dollars earlier, recently experienced partial liquidation. The liquidated assets include 431,000 HYPE tokens (about $11.1 million) and 1,960 ETH (about $5.6 million). Currently, the wallet still holds long positions of 1.726 million HYPE tokens (about $44.6 million) and 7,841 ETH (about $22.3 million); additionally, it also holds long positions in XRP and ETH with a notional value of about $230 million in another account.