Nasdaq opens down 0.6%, Oracle drops more than 14%

GateNews

2025-12-11 14:36:46

Golden Finance reports that Oracle’s disappointing performance has dampened risk appetite in the artificial intelligence sector. The Nasdaq opened down 0.60%, the Dow Jones up 0.19%, and the S&P 500 index down 0.38%. Oracle fell over 14%, as the company’s second fiscal quarter revenue and cloud business revenue both fell short of market expectations. Disney rose 0.4%, and the company will make a $1 billion equity investment in OpenAI.

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