Oracle is currently the leading AI trading indicator to watch – but not the stock price

If the market goes the AI ​​trading route, then it’s time to watch Oracle (ORCL) instead of Nvidia (NVDA), according to Goldman Sachs partner John Flood. Flood, head of equity sales trading for the Americas at Goldman, said all eyes will be on Oracle’s credit default swap prices, which have tripled “as the database giant becomes a barometer for AI risk…”