By Stephanie Chalmers
Publication Date: 2025-12-11 20:50:00
The tech-heavy one Nasdaq has lost ground overnight, as a cloud company oracle‘s financial update sent Investors are staying away from many artificial intelligence-related stocks.
Now it is The Dow hit a record high as investors moved into value stocks after a The Federal Reserve’s policy update was less hawkish than expected.
Oracle shares fell about 11% after its quarterly forecasts fell short of analysts’ estimates and it was warned Annual spending would be $15 billion ($22.5 billion) higher than previously planned.
That fueled fears that the big push to woo AI cloud customers was wasting money faster than generating profits.
The cost of insuring Oracle’s debt against default rose, and the company’s stock fell biggest loser on the S&P500and are on track for their biggest quarterly loss since mid-2001.
Investors fear that Oracle’s heavy reliance on debt financing could trigger an AI bubble similar to the dot-com bust of the early 2000s.
While Oracle helped drag down other technology stocks, the Dow rebounded…
