Oracle earnings, Apple's WWDC continues: What to watch

As the trading day draws to a close on Monday, here is a preview of the key events scheduled for Tuesday, June 11.

On the earnings front, tech giant Oracle (ORCL) is set to release its latest quarterly earnings report. Analysts anticipate the company's sales figures will surpass expectations, driven by the growing demand for artificial intelligence solutions.

Apple's (AAPL) highly anticipated Worldwide Developers Conference (WWDC) continues into its second day. Following the unveiling of "Apple Intelligence," market participants eagerly await further insights into Apple's AI-driven initiatives.

In the economic realm, the release of the NFIB Small Business Optimism Index will provide valuable insights into labor market dynamics.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith

Video transcript

Time now for to watch Tuesday, June 11th starting off on the earnings front oracle is reporting fourth quarter earnings after the close analysts expecting sales to come in above consensus due to demand for A I workloads, those gains could be offset by slower than expected expansion in its cloud applications including Cerner products over to another name.

In fact, day two of Apple's worldwide developers conference is tomorrow on day one.

Apple announced the partnership with Open A I to integrate chat GB team, its operating systems.

Apple also announced it giving the A I upgrade and IO power by the company A I product which it calls Apple Intelligence and taking a look at the economy.

The small business optimism index coming out in the morning, economists forecasting that number to hold steady at 89.7 giving us more insight into the health of the labor market.

This coming after last Friday's jobs report where non farm payrolls came in much higher than expected.

I realized where I said that I emphasized it wrong.

It's not Apple Intelligence, it's Apple intelligence as opposed to artificial that really drove that.

Now I get it.

Now I get the excitement.