Shares of technology companies rose as traders rotated back into risky areas due to a pause in the oil spike.
Oracle shares ticked down even after the software maker said cloud-computing revenue surged in the latest quarter, alleviating some concerns about its aggressive capital expenditure on artificial-intelligence infrastructure.
A groundswell of urgency over artificial intelligence is surging in Congress amid growing fears that the technology could destroy civilization.
New PayPal Chief Executive Enrique Lores, is making the case for a standalone company rather than acceding to purchase offers for more than $50 billion.
Write to Rob Curran at rob.curran@dowjones.com
