Oil's wild ride, Oracle earnings, Kevin Warsh's 'perfect storm' and more in Morning Squawk
By Alex Harring
Published on March 11, 2026.
Shares of Oracle are 10% higher this morning after the company topped Wall Street's quarterly estimates and raised its guidance for the 2027 fiscal year. The company's cloud revenue surged 44% to $8.9 billion in Q3, and its remaining performance obligations more than quadrupled from a year ago to over $550 billion. The International Energy Agency is considering releasing oil from its reserves. Kevin Warsh, President Donald Trump's nominee for the Federal Reserve Chair, could face a "perfect storm" as he must decide whether to focus on reducing inflation or supporting labor market growth. Meanwhile, big tech companies like Microsoft and Google are supporting each other in the Anthropic standoff with the Pentagon.
Related Articles
Studio Display XDR is an amazing Mac monitor that I can't recommend
Apple’s Studio Display XDR offers excellent modern features with high-resolution, HDR, and a flexible stand, but costs significantly higher than its predecessor.
Consumer prices tick up in February, boosted by rising energy prices
US consumer prices rose 0.3% in February due to rising gasoline prices and the escalating Middle East war, with further increases expected in March.
Framework raises RAM and storage prices again
Frisicemously known as Framework is increasing RAM and storage prices for modular PCs due to ongoing supply shortages, though prices may stabilize.