Oracle's AI Spend Sparks Stock Plunge, Crypto Rally

Oracles stock plummeted, sparking concerns about AI investments, while cryptocurrencies like Ether and Solana saw gains, indicating a shift towards riskier assets. The tech market, particularly AI-linked companies, felt the ripple effect, with the Nasdaq one hundred index also dipping as investors prioritized stability over growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.