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US Markets Wrap: AI Shakeout - Oracle Sparks Tech Sell-Off

US Markets Wrap: AI Shakeout - Oracle Sparks Tech Sell-Off

Published 9 months ago
Description

Stocks fell sharply on Wednesday as investors rotated out of high-flying AI names, triggered by a report that Oracle’s primary investor pulled out of its $10 billion Michigan data center project. Frank Cappelleri, Founder and President, CappThesis weighs in on the tech sell-off, where investors are rotating to, and if there is enough momentum for a Santa rally.

Produced/Presented: Ryan Huang

Image by Frank Rietsch from Pixabay

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