World shares are mixed as Oracle's earnings revive AI worries, hitting technology shares
MANILA, Philippines (AP) — World shares were mixed on Thursday after the U. S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate. The Fed's rate cut was widely expected, but comments by Fed Chair Jerome Powell encouraged hopes for more cuts in 2026. However, some Asian technology companies saw sharp declines after Oracle, a bellwether in the artificial intelligence sector, reported weaker than expected earnings. Its shares sank 11...
Read MoreThu, 11 Dec 2025
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