00:00Yes, of course it is. CME Group. Yes, ticker CME. Got to go there. Their shares have been down nearly 1%. Yes, we all know it. Trading of futures options on the Chicago Mercantile Exchange, halted by this data center fault. The outage, hours of disruption, markets across equities, foreign exchange, bonds, commodities. The culprit was this cooling system. Problems at this data center in Chicago, near the Chicago area. Engineering teams, they restarted several chillers. They used temporary cooling equipment.
00:29They did what they can and things are back up and running. But it's actually not the first time this has happened. No, there was an outage that was almost, it was similar. But this one was longer. And the last one was back in 2019. But it halted trading US Treasury futures. You had European and UK bond markets that trade on a different exchange. They weren't affected. But it just wasn't the news that the markets needed because November has really been this volatile month for equities. We're also keeping an eye on two because of that. And my SE, you know, New York Stock Exchange owner,
00:58Intercontinental Exchange, Intercontinental Exchange, which is ticker ICE, their shares were up nearly 1%. Nasdaq, ticker NDAQ, those shares were down about half a percent. So I want to go there and go to what's really like a stock on the move. It's Tilray Brands.
01:13I saw that. Yes. T-L-R-Y. Their shares have been down as much as 15%. It's a cannabis company. All right. So they unveiled this reverse stock split. It's a one for 10 reverse stock split. Shares are beginning trading on a split adjusted basis on December 2nd. So that's the date they put. So they said that's going to reduce the number of its shares to 116 million from about 1.16 billion.
01:37Right. But they just, I mean, it's going to make its shares more attractive to institutional shareholders. So that's what they're saying. Next, what do you got?
01:44All right. I got to go Oracle, ticker O-R-C-L. Their shares have been down as much as 2%. This was a story from a few days, but it's still kind of affecting the stock.
01:53Morgan Stanley said a gauge of risk on Oracle's debt reached a three-year high in November.
01:59So they're putting out this warning. They say things could only get worse in 2026 unless Oracle is able to kind of calm that investor anxiety about this massive AI spending spree. It's a spending spree they're worried about.
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