US Inflation Cools, Boosting Rate Cut Bets and Stocks; Oracle's AI Cloud Demand Makes Ellison Richest
Key Takeaways
- Cooling US inflation data boosts Fed rate cut bets, driving S&P 500 and Nasdaq to record highs.
- Larry Ellison tops wealth rankings as Oracle surges on AI cloud demand on September 10, 2025.
- Supreme Court to rule on Trump tariffs, potentially impacting $4 trillion deficit.
- US labor market weakness fuels Fed rate cut forecasts through mid-2026.
- Klarna raises $1.37B in oversubscribed US IPO, pricing above $1.27 billion range.
Top Stories
US inflation data cools, boosting Fed rate cut bets and record stock highs
On September 10, 2025, cooler-than-expected US producer inflation data and subdued market reaction increased expectations of Federal Reserve rate cuts, driving the S&P 500 and Nasdaq to record intraday and closing highs. Oracle's surge on AI cloud demand further supported market gains, linking inflation trends to equity performance.
Larry Ellison tops wealth rankings as Oracle surges on AI cloud demand
On September 10, 2025, Larry Ellison became the world's richest person after Oracle's shares surged due to strong AI cloud service demand, reflecting the impact of technology trends on wealth and markets.
US Supreme Court to rule on Trump tariffs with $4 trillion deficit impact forecast
On September 9, 2025, the US Supreme Court agreed to hear legal challenges to President Trump's tariffs, which have generated tens of billions since February and may reduce the budget deficit by $4 trillion over a decade, highlighting key economic policy debates.
US labor market weakness fuels Fed rate cut forecasts through mid-2026
As of September 2025, US employment growth revisions and labor market weakening have increased expectations for multiple Federal Reserve rate cuts through mid-2026, influencing market and banking sector outlooks.
Klarna raises $1.37B in oversubscribed US IPO amid fintech valuation reset
On September 9–10, 2025, Klarna priced its US IPO above $1.27 billion marketing range, raising $1.37 billion with 34.3 million shares sold, reflecting fintech market trends and valuation adjustments.
Financial Analysis
Alibaba plans $3.2B convertible notes to boost cloud and global growth
On September 10, 2025, Alibaba announced a $3.2 billion zero-coupon convertible note issuance maturing in 2032 to fund cloud infrastructure enhancement and international business expansion.
Market Insights
Tokyo stocks reach historic highs amid US Fed rate cut optimism
On September 10, 2025, Tokyo's Nikkei index closed at a record 43,837, driven by US rate cut expectations and positive spillover from US stock gains, despite profit-taking and currency concerns.
China's August CPI contraction pressures Renminbi and Australian Dollar
On September 10, 2025, China's CPI data showed a 0.2% year-on-year contraction, signaling weak domestic demand and likely causing downward pressure on the Renminbi and Australian Dollar due to economic ties.
European stocks steady before ECB decision and US CPI release
On September 11, 2025, European markets traded slightly higher awaiting ECB's rate decision and US CPI data, with oil prices falling amid US demand concerns, reflecting global economic interconnections.
Policy Watch
Court upholds Fed Governor Lisa Cook amid Trump firing attempt
On September 10, 2025, a federal court ruled that Fed Governor Lisa Cook may remain on the board while contesting President Trump's firing attempt, preserving central bank independence amid interest-rate policy concerns.
Mexico to raise tariffs in 2026 to strengthen domestic industry
In 2026, Mexico will increase tariffs on countries lacking free trade agreements to reduce disadvantages and boost national production, impacting trade dynamics and investment under Plan México.