Oracle shares spike on report of talks with Meta about $20B AI computing deal

Group 1 - Oracle shares increased by 4% following reports of advanced talks with Meta for a $20 billion multi-year cloud computing deal, positioning Oracle as a key infrastructure provider for Meta's AI initiatives [1] - This potential agreement follows OpenAI's significant $300 billion cloud commitment to Oracle, reinforcing Oracle's growing influence in the AI sector [2] - The ongoing demand for AI computing power highlights the competitive landscape among tech companies, with Meta's stock recovering as investors consider the implications of this partnership [2] Group 2 - The Dow theory analysis indicates a divergence in performance between the industrial average and other sectors like transportation and utilities, suggesting a stronger momentum in industrials [3] - Key companies within the industrials include Goldman Sachs, Microsoft, and Nvidia, indicating a diverse representation beyond traditional industrial sectors [4]