News

BlockBeats News, March 11th, according to Hyperinsight monitoring, during the last round of the U.S. stock market overnight session, a whale with an address starting with 0x980 on Hyperliquid opened a 30x leveraged short position on XYZ100 (Nasdaq 100 perpetual contract), with an average entry price of $25,053, a liquidation price of $27,406, and a position size of $1.04 million. Hyperliquid data shows that XYZ100 is currently trading at $24,977, down 0.4% in the past 24 hours, with reduced volatility and a small price range over the past two days.

格隆汇 March 11｜Oracle (ORCL.US) surged over 10% in pre-market trading, quoted at $165. On the news front, Oracle announced its Q3 results for fiscal year 2026, with revenue up 22% year-on-year to $17.19 billions. Cloud revenue (IaaS+SaaS) reached $8.9 billions, and adjusted earnings per share rose 21% year-on-year to $1.79, both exceeding analysts’ expectations. Remaining Performance Obligations (RPO) grew 325% year-on-year to $553 billions, far surpassing analysts’ forecast of $470.7 billions. Oracle emphasized that a large portion of AI-related large contracts in RPO are supported by customer prepayments or customers purchasing GPUs themselves, meaning the incremental funding pressure may be lower than the market imagines. Looking ahead, Oracle expects fiscal year 2026 revenue to reach $67 billions and has raised its fiscal year 2027 revenue guidance to $90 billions, exceeding analysts’ expectations of $86.7 billions. The annual revenue growth rate is expected to increase from nearly 17% this fiscal year to over 34%. During the earnings call, in response to the emerging “SaaS doomsday theory” in the market, Oracle CEO Mike Sicilia refuted: “Indeed, artificial intelligence technology is disruptive, but we believe Oracle is the leader of this transformation, as we are deeply integrating AI technology into the core of our application products.”

Golden Ten Data reported on March 11 that copper prices edged lower in early trading, with London Metal Exchange copper futures falling by 0.7% to $12,999 per ton. Analysts at Sucden Financial stated that this base metal maintains a strong negative correlation with oil prices, and recent data shows that investment funds have significantly reduced bullish bets. Analysts said: "Copper prices are expected to remain highly sensitive to the energy market. If oil price volatility continues, copper prices may again test the support level near $13,000 per ton."