ARM stumbled on Oracle's delayed buildout, while our Google position is busy launching AI chips into actual orbit
← Thursday, September 24, 2026 · Archive
Morning brief: ARM stumbled on Oracle's delayed buildout, while our Google position is busy launching AI chips into actual orbit
Futures Rise as Iran Truce Talk Eases Oil: Stock futures bounced as oil retreated on potential Strait of Hormuz progress, providing brief relief as benchmark 10-year yields hover near 5.17%. VKTX Drops 11.8% on $500M Offering: Shares slid 11.76% after Viking priced an upsized $500 million stock and convertible debt deal at a discounted $35 per share. ARM Slides 7.9% on Cloud Project Delays: Shares fell 7.88% as reported delays in Oracle data center expansions prompted sharp profit taking in the richly valued chip designer. Planet Labs Jumps 7.6% on Google Test: Planet jumped 7.57% after Google announced an orbital test of space-bound AI chips launching next week aboard a SpaceX mission. Watch Michigan Sentiment and 5.2% Yields: Track morning consumer sentiment prints and whether 10-year yields hold below 5.20% ahead of Micron's critical earnings report next Wednesday.
Futures Rise as Iran Truce Talk Eases Oil
Stock futures bounced as oil retreated on potential Strait of Hormuz progress, providing brief relief as benchmark 10-year yields hover near 5.17%.
VKTX Drops 11.8% on $500M Offering
Shares slid 11.76% after Viking priced an upsized $500 million stock and convertible debt deal at a discounted $35 per share.
ARM Slides 7.9% on Cloud Project Delays
Shares fell 7.88% as reported delays in Oracle data center expansions prompted sharp profit taking in the richly valued chip designer.
Planet Labs Jumps 7.6% on Google Test
Planet jumped 7.57% after Google announced an orbital test of space-bound AI chips launching next week aboard a SpaceX mission.
Watch Michigan Sentiment and 5.2% Yields
Track morning consumer sentiment prints and whether 10-year yields hold below 5.20% ahead of Micron's critical earnings report next Wednesday.
Posture: Defensive posture with Fear at 36 and 10-year yields testing 5.16%. Prioritize high-cash-flow value and inflation-resilient quality.
Tickers in focus: GOOGL, ARM, ORCL
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The day's moves on the ledger
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