Metals and Oil Fall, Oracle Makes Cloud Push | Bloomberg Brief 2/2/2026
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US equity futures drop as a continued slump in gold and silver hits stocks. Oil declines as the US and Iran signal hopes for deescalating tensions. Oracle announces plans to raise as much as $50 billion this year to build additional cloud infrastructure capacity. Dtek CEO Maxim Timchenko says a drone strike that killed more than a dozen civilian mine workers in central Ukraine on Sunday was part of a large-scale Russian attack on the company's facilities. Ella Gude of BNY Investments Newton
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