U.S. Stock Futures Dip as Oracle’s AI Spending Concerns Weigh Heavily After Fed Rate Cut
Stock Market News·2025-12-11 11:07

Market Overview - U.S. stock futures are broadly lower, driven by concerns over AI spending following Oracle's disappointing earnings report [1][3] - S&P 500 futures are down approximately 0.6% to 0.9%, Nasdaq 100 futures are down around 0.8% to 1.2%, and Dow Jones futures are slipping by about 0.3% to 0.5% [2] Company-Specific Developments - Oracle's shares fell more than 10-11% in premarket trading due to weaker-than-expected cloud sales and a disappointing outlook, raising concerns about the sustainability of AI investments [3] - Other AI-linked stocks, including Nvidia, saw declines of around 1.57% in premarket activity following Oracle's report [3] Recent Performance of Major Indexes - On December 10, 2025, U.S. stock markets closed higher, with the S&P 500 Index at 6,886.68 points (up 0.67%), Dow Jones at 48,057.75 points (up 1.05%), and Nasdaq at 23,654.16 points (up 0.33%) [4] - The rally was attributed to the Federal Reserve's interest rate cut, bringing the federal funds rate to a range of 3.5% to 3.75% [4] Upcoming Earnings Releases - Companies reporting quarterly earnings include Ciena Corporation, Lovesac, Vera Bradley, Broadcom, Lululemon, and Costco, which could lead to significant stock price movements [7] Policy and Geopolitical Factors - The Federal Reserve's dovish stance continues to influence market sentiment, while the Bank of Japan is expected to raise interest rates next week, potentially impacting global markets [8] Notable Stock Movements - Ares Management is set to join the S&P 500 Index, causing its shares to surge by 8% in pre-bell trading [12] - Kellanova is being acquired by Mars Inc., affecting its market position [12] - JPMorgan Chase shares fell after comments regarding a fragile economic environment [12]