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Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after market

Economic Times MarketsFriday, 11 September 2026

Oracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy AI spending. The company’s revenue backlog surged to $664 billion, while customer prepayments helped fund capital expenditure. Oracle shares rose 4% after market as investors gained confidence in its AI growth strategy.

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Stocks · 11 Sept 2026

Market wrap: HDFC Bank, Dr Reddys, Hindalco, JSW Steel top gainers and losers on Nifty and Sensex on Friday

Indian equity markets ended the week lower as crude oil prices surged and global rate concerns pressured sentiment. Nifty fell 0.34%, while Sensex gained 0.16%. Midcaps and smallcaps declined, volatility rose, with metals and realty stocks leading losses on Friday.

Source: Economic Times Markets

Markets · 11 Sept 2026

Quote of the day by Dean Williams: "Expertise is great, but it has a bad side effect. It tends to create an inability to accept new ideas"

Expertise can sharpen judgment but also create resistance to new ideas. For investors, relying too heavily on established beliefs can obscure market realities. Staying curious, testing assumptions and welcoming contradictory evidence helps investors adapt, reconsider decisions and avoid costly overconfidence.

Source: Economic Times Markets

Stocks · 11 Sept 2026

LG Electronics India in Jefferies’ ‘pole position’; bull case points to 21% upside

Jefferies retains a Buy rating on LG Electronics India with a Rs 1,895 target and sees Rs 2,000 in its bull case. Growth could come from premiumisation, exports, B2B expansion, higher in-house production and Sri City capacity expansion over time.

Source: Economic Times Markets