Artificial Intelligence Industry

U.S. stocks were mixed Thursday as Oracle fell about 14.5% after revenue growth missed expectations and investors questioned its heavy AI spending, dragging the S&P 500 down 0.4% by 9:35 a.m. ET while the Dow rose 233 points and the Nasdaq fell 0.7%. Treasury yields eased after weekly jobless claims rose, with the 10‑year at 4.10%, while Nvidia slipped 2.8% and Disney gained 2.1% on its three‑year OpenAI content deal and $1 billion investment.

Disney will invest $1 billion in OpenAI under a three‑year commercial licensing agreement that makes Disney a "major customer" and lets OpenAI’s Sora users create and share AI videos using more than 200 characters from Disney, Marvel, Pixar and Star Wars beginning in 2026. The deal explicitly excludes talent likenesses and voices and has drawn criticism from advocacy group Fairplay as targeting children, even though OpenAI says children are prohibited from using Sora.