Bitcoin Falls as Downbeat Oracle Results Dent Sentiment
Barrons·2025-12-11 09:04

Core Viewpoint - Bitcoin experienced a decline due to disappointing quarterly results from Oracle, which raised concerns about a potential artificial intelligence bubble [1] Company Summary - Oracle reported quarterly revenue that fell short of expectations, leading to a negative market reaction [1] - The company also increased its spending forecast, which contributed to the overall pessimism in the market [1] Industry Summary - The results from Oracle overshadowed earlier optimism that was fueled by the Federal Reserve's decision to cut interest rates and indicate further cuts [1]