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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
AI-related names have made losses since Oracle's mixed results on Wednesday.
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cnbc.com
Oracle shares plummet 11% in premarket, dragging down AI stocks
Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
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forbes.com
Oracle Nosedives In Premarket, Major AI Stocks Down As Well
Oracle reported lower-than-expected revenues in its quarterly earnings report released on Wednesday.
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fortune.com
Oracle's huge AI bets are spooking Wall Street—a 12% plunge wiped out the market’s early gains | Fortune
Nvidia was still the single heaviest weight for the S&P 500.
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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
AI-related names have made losses since Oracle's mixed results on Wednesday.
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Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia
Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
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There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts…
"But as I said, this one has more legs in the sense that there are more things that are happening that throw doubt on how fast or how profitable all the AI buildout is going to…
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CNBC Daily Open: Investors sell off tech despite steady Broadcom numbers
In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.
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CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off
In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.