Oracle(US:ORCL) Yahoo Finance·2025-12-10 23:35Group 1 - US stock futures declined after Oracle's earnings raised concerns about AI overspending, jeopardizing the recent Wall Street rally following the Federal Reserve's interest-rate cut [1][2] - Oracle reported a miss on cloud sales and increased its data center spending by $15 billion, leading to a more than 10% drop in its shares due to worries about tech valuations and the potential failure of significant AI investments [2] - The broader market had previously recovered, finishing higher after the Federal Reserve's decision to lower rates for the third time this year, with indications of a gradual easing path ahead [3] Group 2 - Federal Reserve Chair Jerome Powell indicated that the Fed is prepared to "wait and see" regarding economic conditions, noting that tariffs from the previous administration have contributed to inflation pressures [4] - Upcoming economic indicators, including jobless claims and delayed readings on wholesale inventories and trade sales, are expected to receive heightened attention [4] - Earnings reports from companies such as Broadcom, Costco, and Lululemon are anticipated, which may influence market sentiment [4]