from24/7 Wall St.
4 days agoThe AI Data Center Reality Check, Oracle Stumbles and China Looms Over US Valuations
When Oracle failed to meet revenue expectations and suggested that large-scale data centers may not be ready until 2028, it immediately chilled sentiment across the entire sector. On the same day the Dow pushed to new highs, the Nasdaq was hit hard, with anything even loosely tied to AI selling off aggressively. That divergence told us the market was reassessing the timeline, not the technology.
Artificial intelligence