Oracle gains on US–China TikTok data deal progress

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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Oracle gains on US–China TikTok data deal progress

Oracle shares jumped up to 5% after the US and China reached a preliminary TikTok agreement. The deal may extend Oracle’s cloud contract under Project Texas and position it as a key player in a consortium to manage TikTok’s U.S. operations amid ongoing divestment pressure.

Tesla rallies 18% in 5 days, approaches key $489 resistance

Tesla shares surged 18% in five days, hitting 2025 highs after Elon Musk bought $1B in stock. The breakout from a four-month triangle suggests more upside, with $489 as key resistance. Support sits near $367 and $330 amid overbought technicals and elevated volume.

FDA warning sinks Hims stock amid semaglutide controversy

Hims & Hers fell 5.7% after the FDA issued a warning over its compounded semaglutide, calling its claims misleading. Shares of rivals Eli Lilly and Novo Nordisk rose, despite both also receiving FDA letters. Hims stock is down ~42% from July highs.

🪙 Crypto

Crypto markets brace for rate cut and Fed shake-up

Crypto markets anticipate a Fed rate cut amid political turmoil over board appointments. Analysts expect liquidity to shift from money market funds to DeFi and altcoins like ETH and SOL. A politicized Fed could increase volatility, but rate cuts favor long-term crypto upside.

🌎 Global Economy

Central banks diverge as global recovery fragments

The Fed is set to cut rates amid a soft U.S. labor market, while the BoE and ECB hold steady due to persistent inflation. This split may reshape capital flows, currency strength, and sector performance across regions, reflecting a fractured global policy landscape.

Keep This Stock Ticker on Your Watchlist

They’re a private company, but Pacaso just reserved the Nasdaq ticker “$PCSO.”

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Created a former Zillow exec who sold his first venture for $120M, Pacaso brings co-ownership to the $1.3T vacation home industry.

They’ve generated $1B+ worth of luxury home transactions across 2,000+ owners. That’s good for more than $110M in gross profit since inception, including 41% YoY growth last year alone.

And you can join them today for just $2.90/share. But don’t wait too long. Invest in Pacaso before the opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

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