The Jobs Report Blew Up Wall Street's Rate-Cut Bet. Here's the Only Stock That Still Wins.

S&P down 2.6%. Nasdaq down 4.7%. Oracle reports Wednesday. Here's what it means for you. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  

June 8, 2026 The Jobs Report Blew Up Wall Street’s Rate-Cut Bet. Here’s the Only Stock That Still Wins. By The Numbers -2.6% — S&P 500 weekly loss, closing at 7,383.74. Broke a 9-week winning streak. -4.7% — Nasdaq weekly loss. Chips led the selloff. Worst week of 2026. 172,000 — jobs added in May. Wall Street expected 80,000–85,000. Rate cuts moved further away. $553 billion — Oracle’s remaining performance obligations. Almost entirely AI cloud contracts, already booked. $1.75 trillion — SpaceX IPO valuation target. The space economy just got very real. Last week hit Wall Street like a freight train. The S&P 500 fell 2.6%, closing at 7,383.74 and snapping a nine-week winning streak. The Nasdaq dropped 4.7%, its worst week of 2026. The culprit: a May jobs report that crushed expectations, with 172,000 new jobs added against Wall Street’s forecast of 80,000–85,000. Strong employment data pushed rate-cut hopes further out, triggering a semiconductor-led selloff that erased weeks of gains. Broadcom’s guidance disappointed. Alphabet announced an $80 billion equity raise for AI that rattled its own shareholders on dilution fears. And SpaceX filed for an IPO at a $1.75 trillion valuation. Against all this noise, one company with $553 billion in locked AI cloud contracts is set to report earnings Wednesday. That’s Oracle. And it may not care about any of it. This New AI Could Help You Make 20X More Money Sponsored TradeSmith’s new AI could’ve turned a 292% gain on Broadcom into 6,284%. It’s being unveiled for the first time on June 10 at 10am ET. Reserve your free spot now. Read more. › STOCK OF THE WEEK Oracle (ORCL) The rest of the market sold off. Oracle barely flinched. That’s because Oracle doesn’t need rate cuts or a bullish chip cycle. It has $553 billion in AI cloud contracts already on the books. Oracle Cloud Infrastructure (OCI) grew revenue 84% year-over-year last quarter — the fastest pace of any major cloud platform. Wednesday evening, Oracle reports Q4 FY2026. Wall Street expects $1.96 in EPS and $19.1 billion in revenue, both up 15–20% year-over-year. Watch OCI growth and guidance. If either accelerates, this stock moves. The 30 analysts with buy ratings and price targets up to $330 are watching the same thing. Read the Full Analysis › You are receiving this e-mail at fromworksmart.jewelry@blogger.com, as part of your subscription to Money Morning. Manage Your Preferences by clicking here. No longer interested? Unsubscribe. © 2026 Money Morning. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication prior to following an initial recommendation. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Agora Media, 14 West Mt Vernon Place, Baltimore, MD 21201. Money Morning is a First Light Financial, LLC publication. To contact us call 866-616-2166 or visit us online. Website  |  Privacy Policy  |  Terms & Conditions