Today, the US stock market opened with some divergence. The Dow slightly rose by 0.05%, which is quite stable, but the S&P 500 and NASDAQ performed poorly, falling by 0.37% and 0.6% respectively.
The main culprit is Oracle(ORCL.N)—this company's earnings report and guidance both disappointed investors, leading to a sharp drop of 14%, which also dragged down the entire AI sector. NVIDIA(NVDA.O) followed with a 2% decline, Intel(INTC.O) fell by 1.9%, while Micron Technology(MU.O) fared slightly better with a 0.95% decrease. It seems that technology stocks are under significant pressure today.
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GasFeeSobber
· 9h ago
Oracle is really incredible. Someone dragged the entire AI sector down. How bad must this earnings report be?
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fork_in_the_road
· 15h ago
Oracle really tanked this time, directly bringing down the entire AI sector. Feels good!
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LuckyBearDrawer
· 12-12 10:16
Oracle is up to something, a 14% drop dragging the entire AI sector down with it, truly remarkable. Nvidia only fell 2% as a side effect, which is quite resilient...
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MoneyBurner
· 12-12 03:50
Oracle's recent plunge directly caused a crash, with a 14% drop—it’s really heartbreaking. I was planning to build a position in the AI sector, but this guy just shattered that plan—truly devastating.
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ChainWallflower
· 12-11 15:51
Oracle's recent move is really outrageous. As soon as the earnings report was released, it completely derailed the hype, dragging down the entire AI sector. Who could handle this?
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SatoshiSherpa
· 12-11 15:39
Oracle's recent crash, forget it, investors' blood spilled
A plunge in ORCL wiped out the entire team, and chip stocks also suffered, today is definitely a nightmare day for tech stocks
Disappointing earnings reports— is that all the power? It seems the AI hype is also starting to cool down
If the Nasdaq keeps falling like this, the correction will have to continue
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TommyTeacher1
· 12-11 15:27
Oracle's move is truly outstanding. The poor earnings report directly dragged down the entire AI sector, and Nvidia also suffered as a result. This is the power of industry leaders.
Today, the US stock market opened with some divergence. The Dow slightly rose by 0.05%, which is quite stable, but the S&P 500 and NASDAQ performed poorly, falling by 0.37% and 0.6% respectively.
The main culprit is Oracle(ORCL.N)—this company's earnings report and guidance both disappointed investors, leading to a sharp drop of 14%, which also dragged down the entire AI sector. NVIDIA(NVDA.O) followed with a 2% decline, Intel(INTC.O) fell by 1.9%, while Micron Technology(MU.O) fared slightly better with a 0.95% decrease. It seems that technology stocks are under significant pressure today.