Oracle's 14.4% plunge weighs on Wall Street
Published on: Dec. 12, 2025, 5:39 a.m. | Source: The Economic Times
The Nasdaq experienced a one-week low as Oracle's significant AI spending plans overshadowed a dovish Federal Reserve. Oracle's stock plummeted after its quarterly forecasts missed expectations, raising concerns about its AI cloud strategy burning cash. Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index.
