Oracle slump weighs on stocks despite lower yields
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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.
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Oracle
Artificial Intelligence Industry