Oracle’s Ellison Expands Oversight to 40% of Workforce Amid $240/Share Stock Rally

Posted on November 11, 2025 by Olumide Adesina

Larry Ellison, the co-founder and chairman of Oracle, has increased the number of employees under his direct supervision

He is now responsible for approximately 64,000 employees, which accounts for 40% of Oracle’s total workforce. Organizational charts reviewed by Bloomberg indicate that Ellison has assumed control of several teams previously led by former CEO Safra Catz.

Clay Magouyrk and Mike Sicilia succeeded Catz. Ellison oversees the finance division, which is under scrutiny as Oracle embarks on a significant expansion of its data center operations.

This expansion, aimed at securing cloud computing contracts related to artificial intelligence, is expected to cost hundreds of billions of dollars, putting additional pressure on the company’s cash flow. He remains responsible for developing Oracle’s profitable database software and related applications.

Ellison has acquired teams from Catz, which include human resources, legal, and NetSuite, the finance applications division that Oracle purchased in 2016.

Sicilia now manages most of the company, which employs around 84,000 people.

His responsibilities include overseeing customer service, sales, and the development of applications for specific industries. Additionally, the health software division of Oracle, formed after the acquisition of Cerner Inc., also reports to Sicilia.

When the management change was announced in September, Catz remarked, “Having two technical executives work together to meet the needs of our customers is really a match made in heaven.” In 2025, Oracle’s shares nearly doubled, reaching a record price of $328.33 on September 10, just two weeks before the CEO’s departure.

However, the stock has since fallen 27%, trading at $238.98 by 3 p.m. on Monday in New York, resulting in a 43% increase for the year. Oracle, primarily known for its database software, is shifting its focus toward cloud infrastructure due to large contracts with various companies

The company’s strong stock performance, driven by the growing demand for cloud computing and AI infrastructure, coincides with this organizational restructuring.

While headlines mention a “$240 per share stock rally,” this typically refers to analyst price targets around that level during Oracle’s earlier rapid rise in 2025.

Oracle shares surged by 43% in a single day—the company’s best performance since 1992—closing near $240 and adding over $244 billion to its market capitalization, bringing it closer to the $1 trillion club.Oracle’s fiscal Q1 earnings report revealed a substantial cloud backlog of $455 billion, bolstered by significant AI contracts.

This forecast of accelerated revenue growth has led to a rally in the stock price. Initially, analysts had target prices around $240 (for example, from Deutsche Bank), targets quickly increased to $335 or higher following the earnings report, reflecting heightened confidence in Oracle’s competitive edge in the AI sector. As of November 11, 2025, Oracle (ORCL) shares are trading at all-time highs, having risen more than 75% this year.

AI Darling CoreWeave’s Stock Crashes as Contract Hiccup Sours Forecast

Posted on November 11, 2025 by Olumide Adesina

CoreWeave lowered its projected yearly revenue after experiencing a delay in completing a customer contract. This is a setback for a business that is trying to keep up with the rapid growth of artificial intelligence.

CoreWeave stated that sales in 2025 will be between $5.05 billion and $5.15 billion. Previously, its forecast range was as high as $5.35 billion.

Chief Executive Officer Michael Intrator stated during the call, “We are impacted by temporary delays related to a third-party data center developer who is behind schedule.”.

The client affected by the delay has agreed to adjust delivery schedules to “maintain the total value of the original contract,” even though the fourth-quarter results will reflect this issue.

The announcement highlights the challenges of meeting the increasing demand for AI and follows the release of the third-quarter results. In late trading, shares of CoreWeave—whose value has more than doubled this year—fell by approximately 6%.

Investors eager to capitalize on the increased spending in artificial intelligence have been attracted to CoreWeave, which went public in March. The company has a strong partnership with Nvidia Corp., a leading manufacturer of AI chips, and serves clients such as Microsoft Corp. and OpenAI. Based in Livingston, New Jersey, CoreWeave is part of the Neoclouds group of businesses and specializes in leasing high-performance AI chips.

CoreWeave has rapidly expanded its data centers and updated them with the latest technology. After years of heavily relying on Microsoft, it has also worked to diversify its customer base. In an interview with Intrator, it was noted that the industry is still facing delays in bringing additional AI computing capacity online. Furthermore, there are concerns about CoreWeave’s ability to maintain the contract’s value. Intrator expressed frustration from all sides, stating, “Everyone is frustrated – the data center provider is frustrated, we’re frustrated, the client is frustrated.”

Luxury Rebound in China: LVMH Readies Store Openings

Posted on November 11, 2025 by Olumide Adesina

LVMH plans to open large stores in China this December and is considering further expansion as luxury brands observe early signs of a sales rebound in the world’s second-largest economy. Four LVMH brands—Louis Vuitton, Dior, Tiffany, and Loro Piana—are set to unveil multistory stores in Beijing, according to sources who wished to remain anonymous due to the sensitive nature of the information. Some of these shops are located in Taikoo Li Sanlitun, a high-end shopping complex developed by Swire Properties Ltd., which faced slow construction progress amid declining luxury sales last year.

The luxury conglomerate, founded by billionaire Bernard Arnault, is also negotiating with Swire to open a new store for Christian Dior—its second-largest fashion label after Louis Vuitton—in one of the developer’s iconic malls in Shanghai.

This growth for the luxury giant aligns with signs that the slowdown in China’s luxury market may be nearing an end. Global retail leaders are expressing cautious optimism about a recovery in this vital market. LVMH Moet Hennessy Louis Vuitton SE resumed growth in the third quarter, and Gucci owner Kering SA reported a smaller-than-expected sales decline.

A significant indicator of this momentum will be the launch of the new Beijing stores. Reports suggest that the new Dior store in Shanghai will be situated next to a large Louis Vuitton space designed to resemble a cruise ship, which opened in the same mall in late June. While the concept and specifics of the store are still under development, Swire Properties has indicated that the 17,000-square-foot Louis Vuitton store—one of the largest in China—has helped the mall double its retail sales in the third quarter and has generated considerable buzz on social media.

SoftBank Dumps Nvidia Stake for $6B—Under $200/Share!

Posted on November 11, 2025November 11, 2025 by Olumide Adesina

The SoftBank Group Corp. sold all of its shares in Nvidia, earning $5.8 billion before founder Masayoshi Son made a flurry of planned investments to expand his own influence and support artificial intelligence. By the end of March, the Tokyo-based company had increased its stake in Nvidia to roughly $3 billion.

SoftBank reported a surprising net income of ¥2.5 trillion ($16.2 billion) in its fiscal second quarter, significantly surpassing the average analyst estimate of ¥418.2 billion thanks to that stake and a windfall at its Vision Fund startup investment unit. Additionally, SoftBank announced on Tuesday that a 4-for-1 stock split will occur in January.

OpenAI and Oracle Corp., two of the most sought-after AI brands globally, are now part of Son’s company’s portfolio. These investments boosted SoftBank’s paper gains and contributed to its share price rising by 78% in the three months ending in September, the best performance since the December quarter of 2005. Citi analyst Keiichi Yoneshima stated that SoftBank is successfully recovering its investments from a growing number of bets, “so we raise our forecasts.”

Linking his calculations with OpenAI’s valuation and assuming a future valuation range of $500 billion to $1 trillion for the ChatGPT operator, the analyst set his target price for SoftBank’s stock at ¥27,100. Even as he reduces other investments, Son, 68, is actively seeking to profit from the booming sectors of chips and AI. Initiatives like the Stargate data center rollout and a proposed $30 billion investment in OpenAI are driven by the SoftBank founder’s ambitions.

Taiwan Semiconductor Manufacturing Co. is another company Son is pursuing, along with others, in participating in an Arizona AI manufacturing hub worth $1 trillion. SoftBank even considered acquiring Marvell Technology Inc., a US chip manufacturer, earlier this year. Balancing funding for these new investments will be challenging.

Gold Rush: JPMorgan Forecasts $5,000+ Surge as China’s Buying Spree Ignites Rally

Posted on November 11, 2025 by Olumide Adesina

Gold prices are anticipated to rise significantly next year, potentially exceeding $5,000 per ounce, according to JPMorgan Private Bank. The Bullion asset could reach between $5,200 and $5,300 per ounce, as projected by Alex Wolf, the company’s global head of macro and fixed income strategy.

This increase would be more than 25% compared to current trading levels. The primary driver of this anticipated rise is sustained buying by central banks, especially those in emerging market economies.

Gold has performed strongly, influenced by central bank acquisitions as policymakers seek diversification and reliable stores of value.

Before a recent correction, gold prices reached record highs above $4,380 in October; however, the precious metal is still up more than 50% this year. According to JPMorgan, many central banks, particularly in emerging markets, currently hold relatively small amounts of gold as part of their foreign exchange reserves.

Central banks increased their gold reserves by 634 tonnes in the year ending in September, based on data from the World Gold Council. Although this figure is lower than the previous three years, it remains significantly higher than the average before 2022.

These purchases have been primarily driven by China, which aims to reduce its reliance on US-centric financial markets. The World Gold Council forecasts that between 750 and 900 tonnes will be purchased throughout 2025. Other countries contributing to the rising demand for gold reserves include Kazakhstan, Poland, and Turkey.

Ripple’s Acquisition Frenzy Positions XRP as Banking’s New Backbone

Posted on November 11, 2025 by Olumide Adesina

Ripple’s CEO, Brad Garlinghouse, emphasized that the next step is to create a bridge between the cryptocurrency industry and traditional financial services, leveraging blockchain technology to enhance transaction speed, reduce costs, and improve efficiency.

Over the past year, Ripple has initiated various projects and made several acquisitions aimed at integrating blockchain technology into the traditional banking and finance sectors. “The assets we have been acquiring are primarily within the traditional finance space, so we can provide crypto-enabled solutions to that world,” Garlinghouse stated during an interview with CNBC’s “Crypto World” at the Ripple Swell 2025 conference in New York. This year, the company invested over $1 billion in the treasury management platform GTreasury and approximately $1.3 billion in the brokerage firm Hidden Road.

Additionally, Ripple plans to form partnerships to utilize its XRP Ledger technology—a decentralized blockchain designed for fast and cost-effective transactions—in the cryptocurrency initiatives of larger financial institutions.

This year’s regulatory changes in the US have improved the environment for digital assets. Banks like Bank of America, Citigroup, and JPMorgan are engaging with stablecoins, cryptocurrency custody services, and blockchain-based deposit products as agencies like the SEC and the CFTC relax earlier regulations. ”

It will be particularly beneficial for the XRP ecosystem, the more we can build utility and really scale solutions that take advantage of XRP at the core,” Garlinghouse said. However, there are obstacles to the wider adoption of blockchain technology by traditional financial institutions. The federal government shutdown continues, despite CNBC’s report that the Clarity Act, a bill to structure the digital assets market, is being considered.

Fakeout Alert or $4,000 Moonshot? Ethereum Whales Bet Big—What Smart Money Knows That You Don’t

Posted on November 10, 2025 by Olumide Adesina

Ethereum is experiencing a resurgence as it surpasses $3,600, but investors remain uncertain about whether it can maintain this level.

ETH is trading in the high $3,000s after a turbulent year that saw it peak above $4,700 in August before sharply declining in October. Market observers are divided on the drop below $4,000. Some see indications of a more serious correction, while others believe that improving fundamentals could ignite a recovery.

2025 has proven to be a volatile year for Ethereum, with the key question being: Can ETH break above $4,000 and stay there? In early October, when Bitcoin reached a new all-time high, ETH briefly surged past $4,300, although this rally lasted only about five minutes.

Ethereum fell to the mid-$3,000s amid a market-wide sell-off triggered by geopolitical tensions. However, the rebound was rapid. By mid-October, ETH climbed back above $4,000, bolstered by strong support from institutional buyers.

Wall Street is increasingly showing support for Ethereum (ETH), evidenced by significant inflows of institutional capital. The launch of Ethereum exchange-traded funds (ETFs) this year has greatly improved accessibility for mainstream investors. In August, Ethereum ETFs experienced record inflows, with more than $2.8 billion entering the market in just one week. This amount surpassed the inflows seen in Bitcoin funds during the same period.

Ongoing upgrades to the Ethereum network are enhancing its functionality. The upcoming update, “Fusaka,” is scheduled for launch on December 3, and it aims to increase the network’s data capacity. We can expect improvements in transaction throughput and reduced gas fees.

Although transaction fees have not surged as they did in previous bull markets, Ethereum’s network activity is approaching levels not seen since 2025. If Ethereum can continue to grow without deterring users due to high costs, it will be a significant achievement. Price targets remain optimistic, with many analysts believing ETH will surpass its previous all-time high of $4.8K.

XRP ETF Mania: Top Asset Managers Race to Launch Five Spot Funds in U.S

Posted on November 10, 2025 by Olumide Adesina

CoinShares’ XRPL, Franklin’s XRPZ, 21Shares’ TOXR, Canary’s XRPC, and Bitwise’s XRP ETF (XRP) are anticipated to launch on the US market.

The required regulatory and other approvals are typically absent from pre-launch ETFs. It is anticipated that XRP ETFs will be introduced in the United States. Several XRP ETF products are being developed, according to US SEC filings, and the removal delay clauses (in S-1s) imply that their approval is nearly certain.

The XRPR ETF from REX-Osprey is currently trading in the United States.

Geraci revealed that Canary’s spot XRP ETF will launch soon—possibly by the end of this week—during last week’s ETF buzz. On November 8, Canary Capital submitted a request to list and trade on The Nasdaq to the US SEC.

The Pricing Benchmark is determined by CoinDesk Indices using the XRP-USD CCIXber Reference Rate’s 60-minute time-weighted average price. Additionally, the Trust plans to use BitGo and Gemini as its XRP custodians. WisdomTree has applied for the CoinDesk 20 ETF, which will hold 20 of the biggest cryptocurrency assets by market capitalization that are qualified for inclusion in the index, according to Geraci. It is anticipated that XRP will make up approximately 19.6% of all holdings

Markets anticipated that the first spot XRP ETFs would be launched sometime in the next two weeks. SEC had been suing Ripple for the previous five years until three months ago. The launch of spot XRP ETFs is the last straw for earlier anti-crypto regulators.

Bitcoin Blasts Past $106K as US Government Shutdown Resolution Looms

Posted on November 10, 2025November 10, 2025 by Olumide Adesina

Bitcoin surged above $106,000 following reports that the US Senate had reached an agreement to end the 40-day government shutdown—the longest in US history. According to data provider CoinGecko, the largest cryptocurrency by market value recently increased by more than 4%.

With Ethereum, the second-largest cryptocurrency by market cap, trading above $3,600—a gain of over 7%—and XRP and Solana, the fourth and sixth-largest coins, both rising roughly 6%, other significant digital assets also saw substantial gains.

Bitcoin fell below $100,000 multiple times as the government deadlock appeared to weigh more heavily in the past month. BTC remains more than 15% below its October record high of $126,000. During that period, as investors shifted away from riskier assets, Ethereum lost even more ground.

Markets have been volatile due to concerns about various macroeconomic uncertainties, as well as the shutdown. The nine Ethereum funds experienced net outflows of $579 million over the past eight trading days, while eleven spot Bitcoin ETFs lost more than $2.1 billion in assets.

Crypto stocks also suffered, with Bitcoin Treasury Strategy dropping over 8% and exchange giant Coinbase plummeting more than 9% last week. Politico, The Wall Street Journal, and The New York Times reported that Senate Democrats and Republicans had reached an agreement to reopen the government as this story was being published. The impasse was broken after a group of moderate Democrats voted in favor of procedural motions to fund the government.

XRP Outruns Usain Bolt: ETF Approvals and Trump-Era Clarity Ignite 400% Rally!

Posted on November 10, 2025November 10, 2025 by Olumide Adesina

XRP surged over 7% nearing $2.50, following Trump’s pledge of a $2,000 dividend and his optimistic statement about the potential reopening of the U.S. government. According to Binance data, XRP ranks top among the 15 leading altcoins.

Recent developments regarding ETFs may have significantly contributed to these gains. Currently, Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares have all updated their XRP ETF filings

Analysts suggest that XRP is “beginning” its upward trend, having “bottomed out” and is poised for a strong comeback. Its upcoming rally could be impressive and may even set a new all-time high.

The conversion and baseline lines of the Ichimoku Cloud often act as dynamic support and resistance levels. Typically, sustained price movement above these lines indicates bullish strength.

According to the current chart, XRP has maintained its structure above both lines for four consecutive quarters. This is notable because, in past market cycles, the token struggled to stay stable above these mid-term indicators.

This shift suggests the asset is now in a clearer uptrend rather than reactive rallies. The Ichimoku Cloud aims to show market equilibrium. Price action that remains above the conversion and baseline for an extended period usually signals buyer control and absorption of pullbacks. Holding this position over several quarterly candles hints that a new long-term base may be forming.