Gold & Silver Jump, Bitcoin & Big-Tech Dump As ORCL's Grinch Slams Santa Powell

Santa Powell delivered yesterday with a 'less-hawkish-than-feared' trifecta: statement, dots, and press conference.

But Larry Ellison "grinch'd" it all as ORCL's results confirmed the chaotic cash-flow risks that credit markets have been fearful of for months, making traders uneasy about the market's AI theme.