Squawk on the Street Crude Volatility, Oracle Surges, Inflation Watch 3/11/26
Mar 11, 2026
They dig into crude oil volatility after Iran-linked attacks and how strategic reserve moves could shake markets. They cover a fresh CPI print and odd components that complicate the inflation picture. Oracle's blowout quarter and raised guidance sparks talk about AI demand and the future of enterprise software. Other beats include private credit strains, big tech legal fights, and corporate winners and losers.
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Strait Of Hormuz Defines Oil Market Leverage
- Crude oil rose above $85-$87 despite an IEA strategic reserve release plan because the Iran conflict is creating real supply disruption risk.
- Jim Cramer argues the Strait of Hormuz is the strategic leverage point and keeping it open defines a clear 'win' that would calm markets.
Treat Oracle Beat As Proof Of AI Infrastructure Demand
- Do not dismiss Oracle's Q3 beat and raised guidance because it signals durable AI/cloud demand beyond just OpenAI.
- Jim Cramer says Oracle's results shore up data‑center names like CoreWeave and Nebius and wipe out some short bets.
Oracle's CapEx Viewed As Strategic AI Investment
- Oracle's heavy CapEx and negative free cash flow are viewed as upfront investment to capture AI/cloud revenue rather than fatal flaws.
- Larry Ellison pitched Oracle as a disruptor building agent-based enterprise stacks, altering skeptics' view of a 'SaaS-pocalypse'.