Wall Street recovers some of week's losses after AI stocks swing back upward - The Korea Times

Wall Street recovers some of week's losses after AI stocks swing back upward - The Korea Times

S&P 500, Nasdaq rebound; AI whipsaws (Marvell -16.7% to +9.6%). Oracle slides 11.6% despite earnings beat, pledging $40B AI capex. Oracle's stock plunge despite profit strength signals doubt on quick AI ROI, forcing CTO's to revisit foundation-model capex with higher interest rates.