TECH CRASH! Oracle’s $10 Billion AI Deal COLLAPSES! Nasdaq Sinks TODAY!
Did a $10 billion AI deal just collapse, sending tech stocks reeling? US stocks plummeted Wednesday, with the Nasdaq sinking over 1% and Oracle shares falling nearly 6%, after a key lender reportedly pulled support for Oracle's massive AI infrastructure project. This startling development has fueled investor concerns about the actual demand for AI technology and the growing reliance on debt for funding, while mixed signals from Federal Reserve officials regarding potential interest rate cuts next year only amplified the market's uncertainty. As investors now keenly anticipate Micron Technology's earnings for clearer insights into AI semiconductor demand, the path ahead for tech and the broader market remains deeply uncertain. Subscribe to our channel for continuous market insights!
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