Oracle stock jumps nearly 3% after soft US jobs data, but AI spending worries linger
New York, January 9, 2026, 11:00 (EST) — Regular session Oracle Corp shares rose nearly 3% on Friday, tracking a broader bounce in U.S. equities after a softer-than-expected jobs report eased pressure on rate-cut expectations. The stock was up 2.9% at $195.07, after trading as low as $188.91 earlier in the session. Wall Street’s main indexes edged higher after the Labor Department reported a 50,000 increase in December nonfarm payrolls, below economists’ 60,000 estimate, while the unemployment rate dipped to 4.4%. Traders still penciled in about 54 basis points of easing this year — a basis point is 0.01 percentage