Oracle and gold lift markets to record highs
Oracle reported and delivered an aggressive forecast, rocketing shares by 35.95% on Wednesday. Its performance lifted the S&P to a record close after rising 0.3% as well as the Nasdaq, which inched up six points. In contrast, the Dow lipped 0.48%. Other big movers: Nvidia 3.85%, Broadcom 9.77%, Apple -3.23% and Amazon -3.32%. The U.S. 10-year yield continued to lose ground, now at 4.047%, while Bitcoin bounced 2% higher to US$113,750.
Gold advanced US$14 to a record US$3,640 which lifted Iamgold by 9.09% and Equinox 8.2%. The TSX rallied 115 points or 0.4% to another record high of 29,178. Strong performances from materials and energy more than offset weakness in seven other sectors. WTI climbed 1.85% to US$63.80. Meanwhile, Cenovus jumped 4.92%, Lightspeed slid 3.69% and MDA Space retreated by 3.67%.
💾 Oracle (ORCL-N) +35.95%
💾 NVIDIA Corporation (NVDA-Q) +3.85%
🧬 Broadcom (AVGO-Q) +9.77%
🍎 Apple Inc (AAPL-Q) -3.23%
📦 Amazon.com, Inc. (AMZN-Q) -3.32%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2%
🥇 Iamgold Corp (IMG-T) +9.09%
🥇 Equinox Gold (EQX-T) +8.2%
🛢 Cenovus Energy (CVE-T) +4.92%
💾 Lightspeed Commerce Inc (LSPD-T) -3.69%
🧬 MDA Ltd. (MDA-T) -3.67%
