US EditionTech Sector Faces AI Bubble Fears Amid Oracle Setback
3 Articles
3 Articles
On Wall Street, Börsians fear that bad results will cause the AI bubble to burst. This could have happened now. Software giant Oracle has triggered a warning signal that hasn't been so bright since the 2009 financial crisis.
Tech Sector Faces AI Bubble Fears Amid Oracle Setback
Investor concerns over a potential AI bubble are mounting as Oracle's disappointing earnings results loom over global markets. Despite ongoing AI spending, Oracle's miss on profit and revenue forecasts has affected stock futures in the U.S. and Europe, drawing attention to upcoming Broadcom earnings.
Fed boss Powell presented massive contradictions yesterday: one lowers the interest rates because of the weak labour market, but expects a lower unemployment rate and at the same time increases the GDP forecast for the economy. Powell further claims that the liquidity in the banking system is good – but at the same time one buys short-run government bonds, also to alleviate the stress in the banking system. [...] The post Fed: Massive contradict…
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