| | | 标普500[SPX] 2025-12-11 22:50 | | 价格 = 均线 | | | | --- | --- | --- | --- | --- | --- | --- | | 6925.34 | | | | | | 0.56% | | 6915.68 | | | | | | 0.42 % | | 6906.01 | | | | | | 0.28% | | 6896.35 | | | | | | 0.14 % | | 6886.68 | | | | | | 0.00 % | | 6877.01 | | | | | | 0.14% | | 6867.35 | | | | | | 0.28 % | | 6857.68 W | | | | | | 0.42 % | | 6848.02 | | | | | | 0.56% | | | 22:30 | 24:00 | 02:00 | 03:30 | 05:00 | | | 9215万 | | | | | | | | 6911万 | | | | | | | | 4607万 | | | | | | | | 2304万 | | | | | | | | C | ...

MicroStockHub / Getty Images Larry Ellison, executive chair and chief technology officer, founded Oracle Corp. (NYSE: ORCL) in 1977. Recently, it has become a tech behemoth, largely because of its key position in the burgeoning artificial intelligence (AI) business. His net worth, according to the Bloomberg Billionaire list, is $283 billion, which makes him the second-richest person in the world. That net worth has risen by $91 billion since the start of the year, largely because of Oracle's success. 24/ ...

分组1 - Oracle shares are declining due to disappointing cloud sales and increased data center spending, with the company expecting to spend $50 billion for the fiscal year, a $15 billion increase from previous forecasts [1][2] - The Federal Reserve has issued its third consecutive rate cut this year, with discussions indicating a pause in further cuts, highlighting divisions among Fed officials regarding future policy [1][2] - Investors are balancing concerns over the AI sector, particularly following Oracle's results, which have reignited fears of an AI bubble, impacting market sentiment [1][2] 分组2 - Disney is making a $1 billion equity investment in OpenAI as part of a licensing deal for content on OpenAI's Sora video generation app, marking a significant partnership in the AI space [2][3] - Eli Lilly's next-generation obesity drug has shown promising results, with patients losing an average of nearly 24% of their body weight in a late-stage trial, indicating potential market entry soon [3] - Coca-Cola has appointed Henrique Braun as its new CEO, who has extensive experience within the company, signaling a leadership transition [3] 分组3 - Gemini Space Station's affiliate, Gemini Titan, has received approval from the CFTC to operate as a designated contract market, allowing it to offer regulated prediction markets to U.S. customers [3] - Nextdoor is focusing on improving user engagement by reducing spam notifications by 80% without affecting active user numbers, aiming to enhance its net promoter score [3][4] - The company is exploring AI-driven services to better connect users with local services, potentially increasing engagement and revenue opportunities [3][4]

Core Viewpoint - Oracle's stock plummeted nearly 15% post-earnings report, negatively impacting other tech and semiconductor stocks, raising concerns about the expensive valuations of AI tech stocks due to increased capital expenditure targets [1] Group 1: Company Impact - Oracle's management raised its capital expenditure target for fiscal year 2026 by $15 billion to $50 billion, which is 75% of the expected annual revenue [1] - The decline in Oracle's stock price led to a drop in other tech stocks, with Supermicro, AMD, and Arm falling over 4%, and Broadcom, NVIDIA, Intel, Micron Technology, and TSMC dropping over 2% [1] Group 2: Market Reaction - The market's reaction indicates a renewed concern regarding the high valuations of AI technology stocks, influenced by Oracle's significant increase in capital spending [1]

Market Overview - The S&P 500 slipped 0.4% in early trade, moving further away from its October record high [4][6] - The Dow Jones Industrial Average rose 233 points, or 0.5%, while the Nasdaq Composite fell 0.7% [4][6] Company Performance - Oracle's shares fell 14.5% after its quarterly revenue growth of 14% came in below expectations, despite stronger-than-expected profit [4][6] - Concerns were raised regarding Oracle's heavy spending on artificial intelligence (AI) and its potential impact on productivity and earnings [4][6] - Nvidia's shares dropped 2.8%, reflecting broader concerns in the AI sector [4][6] - Disney's shares rose 2.1% following a three-year deal with OpenAI to use over 200 characters for AI-generated short videos, along with a $1 billion investment [5][6] - Oxford Industries tumbled 15.1% after warning that consumers are becoming "highly value-driven" and lowering its full-year revenue outlook [5][6] - Vera Bradley fell 26% after reporting a deeper-than-expected loss [5][6] Economic Indicators - A broad easing in Treasury yields supported most stocks, with the 10-year US Treasury yield falling to 4.10% from 4.13% [4][6] - Weekly jobless claims rose more than forecast, suggesting potential pressure in the labor market [4][6] - The US Federal Reserve cut interest rates for the third time this year and signaled the possibility of further easing in 2026 [5][6] International Markets - European indices were marginally higher after declines across most Asian markets [5][6] - Japan's Nikkei 225 fell 0.9%, weighed down by a drop in SoftBank Group shares [5][6]

Cryptocurrency prices and equity futures retreated on Thursday morning, signaling a negative start for major indices. Bitcoin fell 2.11% to $90,090, setting a bearish tone for digital asset miners, while a sharp decline in Oracle shares weighed heavily on the broader AI sector. Bitcoin mining equities tracked the drop in spot cryptocurrency prices, facing widespread losses in pre-market trading. CleanSpark (NASDAQ: CLSK) and Hut 8 (NASDAQ: HUT) led the decline, falling 3.03% and 3.19%, respectively. MA ...

Core Viewpoint - Oracle's stock has experienced significant volatility, losing 14% since its latest quarterly earnings report and 44% since its peak on September 10, raising questions about its future growth potential and investment risks [3][4]. Financial Performance - Oracle's fiscal 2026 second quarter revenue reached $16.06 billion, a 14% increase but $150 million below analyst expectations; cloud revenue was $7.98 billion, up 34%, and cloud infrastructure revenue was $4.1 billion, a 68% increase [12]. - The company's remaining performance obligations stood at $523 billion, a 438% increase, while free cash flow was negative $10 billion, nearly double the consensus [12]. - Capital expenditures are forecasted to be $50 billion, a 136% increase from previous estimates [12]. Debt and Financial Risks - Oracle's total debt has risen to over $93 billion, a 33% increase since 2020, with a debt-to-equity ratio of 3.78 times and a debt-to-EBITDA ratio exceeding 4x [13][14]. - Credit rating agencies have expressed concerns about Oracle's high debt levels, with its debt now two notches above speculative grade [15]. - The company faces significant customer concentration risk, particularly with clients like OpenAI and xAI, which are expected to incur substantial cash burns in the coming years [17][18]. Market Position and Valuation - Oracle's stock trades at a 56% premium compared to cloud peers, indicating high expectations for future growth that have yet to materialize [19]. - Analysts are skeptical about Oracle's ability to finance its ambitious AI build-out, questioning how the company will convert its backlog into actual revenue [20]. Growth Projections - Oracle's executive vice chair projected an eight-fold growth in revenue over the next four years, with expectations for cloud infrastructure revenue to reach $144 billion by fiscal year 2030 [21].

The S&P 500 Index ($SPX) (SPY) today is down by -0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.89%.  December E-mini S&P futures (ESZ25) are down -0.34%, and December E-mini Nasdaq futures (NQZ25) are down -0.92%. Stock indexes are mixed today, with the Nasdaq 100 falling to a 1-week low and the Dow Jones Industrials climbing to a 4-week high. The broader market is under pressure today after Oracle's earnings, viewed as a bellwe ...

US stocks opened mixed on Thursday as Oracle's troubling earnings report spooked investors despite the Federal Reserve's dovish rate cut just a day earlier. The S&P 500 fell 0.3%, unable to hold Wedne... ...

Oracle (ORCL) delivered mixed second-quarter fiscal 2026 financial results that rattled investors even as the company continues to see significant demand, driven by investments in artificial intelligence (AI) infrastructure. Earnings came in ahead of expectations, but revenue fell short, sending Oracle shares tumbling 14.7% in morning trading on Thursday. www.barchart.com Oracle’s Big Investment Cycle Meets Investor Skepticism The second-quarter revenue miss stings because it arrives in the middle of on ...