Oracle's Plunge: AI Bubble Fears Dampen Market Optimism

Stock Market Surge and Sudden Plunge: Oracles Impact on Investor SentimentThe stock market experienced a brief surge following the Federal Reserves policy decision, with investors feeling optimistic about the US economy. However, this optimism was short-lived as Oracle Corporations stock plummeted, causing a ripple effect and renewed concerns about overvalued tech stocks. Despite this, some market watchers remain calm, suggesting that the dip may not signal a broader market downturn.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.