CNBC's "Fast Money" Oracle’s Halo Effect… And CME Group CEO On Retail Trading 9/10/25
Sep 10, 2025
Ben Reitzes, the Head of Tech Research at Melius Research, discusses Oracle's impressive stock surge and its ripple effect on data center stocks, significantly impacting tech giants like OpenAI and challenging competitors such as Amazon. He highlights how this surge reshapes market dynamics in the AI sector. Additionally, Terry Duffy, CEO of CME Group, shares insights on the retail trading landscape, emphasizing the role of technology in democratizing trading and the evolving interplay between retail and institutional investors.
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Oracle Sparked A Broader AI CapEx Wave
- Oracle's massive RPO and guidance ignited a broad AI/data-center rally beyond NVIDIA and Big Cloud.
- Traders view this as evidence that inferencing demand is creating a new, durable capex cycle.
Hedge Large Pops With Protective Options
- Consider using protective options like put calendars when a large-cap stock spikes on enthusiasm.
- Buying downside protection can preserve risk-reward when momentum compresses future gains.
RPOs May Not Convert Linearly To Profits
- Big RPO/backlog numbers may not fully convert to revenue and profitability immediately.
- Investors should watch capex scaling, margin compression, and whether contracts are market-share or price-driven.