|
Oracle's stock missed out on the broader software rally, as the company is tied to OpenAI's success through its cloud-infrastructure business.
|
|
It one of the worst weeks for tech stocks of the year, and Wall Street spent much of it confronting a question it had been too euphoric to ask: what exactly are we getting for all this AI spending?
|
|
Also in Weekend Reads: Medicare and GLP-1s, tech stocks and career advice.
|
|
OpenAI IPO Fears Hit Oracle and Other Stocks Exposed to the ChatGPT Maker Barron'sOpenAI Leans Toward Holding Up I.P.O. Until Next Year The New York TimesS&P 500 rises as traders rotate into defensive sectors, but index heads for losing week: Live updates CNBCAI trade hits a wall amid report that OpenAI will delay IPO until 2027 Yahoo Finance
|
|
A trend reversal in fund-flow data may show that investors are switching their focus from tech stocks to sectors in line to benefit as midterm elections approach this fall: illiquid cyclicals, housing, REITs, and small and midcap stocks.
|
|
