Roger Altman Says Inflation Isn’t a ‘Threatening Factor’

Oracle's newly appointed co-CEOs, Clay Magouyrk and Mike Sicilia, are addressing investor concerns regarding the company's significant data-center expansion and its implications for profit margins amidst the AI boom. Their commitment to building an AI ecosystem signals confidence in the future of technology and positions Oracle as a key player in the evolving market. This move not only aims to enhance Oracle's offerings but also reassures stakeholders about the company's strategic direction during a time of uncertainty.

The recent comments made by former President Trump have led to a decline in the S&P 500, raising concerns among investors on Wall Street. This dip has prompted warnings from financial experts about the potential risks for buyers looking to enter the market. With insights from various financial analysts and firms, including UBS and Evercore, the situation highlights the ongoing volatility in the market and the influence of political statements on economic stability.

Five9 has reported a remarkable 42% increase in AI revenue for Q2 2025, marking a significant milestone for the company. This surge not only highlights the growing demand for AI solutions but also reflects Five9's ability to capitalize on this trend, achieving record-high margins. This news is important as it showcases the company's strong performance in a competitive market, indicating a positive outlook for future growth and innovation in AI technology.

Etsy's Q2 2025 report reveals a notable increase in revenue, even as gross merchandise sales (GMS) experienced a decline. This growth highlights the company's resilience and strategic focus on artificial intelligence, which is expected to enhance user experience and drive future sales. As Etsy continues to innovate and adapt to market challenges, this positive financial performance underscores its potential for long-term success.

Goldman Sachs has informed its employees that it will be implementing further job cuts as part of its strategy to save costs through artificial intelligence. The bank plans to limit headcount growth and reduce roles across the firm, which raises concerns about job security and the impact on employee morale. This move highlights the ongoing trend of financial institutions leveraging technology to streamline operations, but it also underscores the challenges faced by workers in adapting to these changes.

Federal Reserve Chair Jerome Powell recently stated that the U.S. economy is on a firmer footing, indicating a potential end to quantitative tightening. This is significant as it suggests that the economy is stabilizing, which could lead to more favorable conditions for growth and investment. Investors and businesses alike are watching closely, as changes in monetary policy can have wide-reaching effects on the market and overall economic health.

Axiado and Jabil have teamed up to enhance AI security for data center servers, a move that could significantly improve the protection of sensitive data. This partnership is crucial as the demand for robust security solutions grows in the face of increasing cyber threats. By leveraging AI technology, they aim to provide advanced security measures that can adapt to evolving risks, ensuring that businesses can operate safely and efficiently.

Interpublic Group reported a revenue dip in their Q2 2025 earnings call, highlighting the challenges faced in the current market. Despite this setback, the company is making strides in AI advancements, which could position them for future growth. This news is significant as it reflects the ongoing struggles many companies are facing in adapting to changing economic conditions while also investing in new technologies.

Goldman Sachs is reportedly considering layoffs and a slowdown in hiring as it shifts focus towards artificial intelligence, according to an internal memo. This move highlights the growing trend among financial institutions to streamline operations and invest in technology, which could lead to job losses and uncertainty for employees. As the industry adapts to new technological advancements, the implications for the workforce and the overall job market are significant.

Microsoft's decision to rent data center capacity in Portugal marks a significant step in its AI expansion strategy. This move not only highlights the growing demand for AI infrastructure but also positions Portugal as a key player in the tech landscape. By investing in local resources, Microsoft aims to enhance its capabilities and support the increasing needs of AI applications, which is crucial for businesses and developers alike.

Goldman Sachs economists are raising alarms about the challenges facing Generation Z in the job market, coining the term 'jobless growth' to describe a troubling trend where economic expansion does not translate into job creation. This situation is particularly concerning as it suggests that the impact of artificial intelligence on employment may not be fully realized until a recession occurs. Understanding these dynamics is crucial for policymakers and young job seekers alike, as it highlights the need for adaptive strategies in an evolving economic landscape.

Samsung is anticipating its best profit since 2022, driven by the booming demand for AI technologies that are putting pressure on the supply of commodity chips. This surge in profitability highlights the company's strategic positioning in the tech market and its ability to capitalize on emerging trends, which is crucial for maintaining its competitive edge.

In a significant crackdown on alleged scammers, authorities in the US and UK have seized Bitcoin worth $14 billion and frozen assets, including a £100 million office building in London. This operation highlights the ongoing efforts to combat cryptocurrency-related fraud and protect investors, showcasing the commitment of law enforcement to tackle financial crime on a global scale.

In September, China experienced a slight easing of deflationary pressures, although not as significantly as anticipated. This development is important as it reflects Beijing's ongoing efforts to manage excess capacity and stimulate domestic demand, which are crucial for the country's economic stability and growth.

Three supertankers have diverted from Rizhao port in China due to recent US sanctions affecting the terminal, which is crucial for about 10% of the country's oil imports. This shift not only impacts the shipping industry but also raises concerns about China's energy security and its ability to meet domestic demand. The sanctions highlight ongoing tensions between the US and China, making it a significant development in global trade and geopolitics.

Japan's recent government bond sale has shown a remarkable increase in demand, surpassing the 12-month average. This uptick is largely attributed to higher yields that have drawn in investors, signaling confidence in the market despite recent political turmoil. Such strong interest in government bonds is crucial as it reflects investor sentiment and can influence future economic policies.

Coinbase has made a significant investment in the Indian cryptocurrency exchange CoinDCX, which is now valued at $2.45 billion. This move highlights the growing interest and potential of the Indian crypto market, as Coinbase aims to expand its footprint in Asia. The investment not only boosts CoinDCX's resources but also signals confidence in the future of cryptocurrency in India, a country with a rapidly evolving digital economy.

Malaysia is set to engage in discussions regarding sectoral tariffs with the United States during the upcoming ASEAN summit, as reported by state media. This dialogue is significant as it reflects Malaysia's ongoing efforts to strengthen trade relations and address tariff issues that could impact economic growth. The outcome of these discussions may influence future trade policies and partnerships in the region.