Oracle’s shares plummeted approximately 15% after its latest earnings report revealed lower-than-expected revenue and significantly increased capital spending projections for AI infrastructure.This disappointment, alongside concerns over AI debt and a Federal Reserve economic forecast, triggered broader market declines in major tech stocks like Nvidia, Alphabet, Apple, Amazon, Meta, and Microsoft, with the S&P 500 semiconductor index falling 2.5%.Despite analysts
Kathleen Brooks and
Dennis DeBusschere suggesting a rotation from pure AI investments, fund manager
Dan Ives sees current declines as a buying opportunity, contrasting with
Disney’s $1 billion investment in
OpenAI.