Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle Corporation lost 4.62% to close at $157.53 on Wednesday, lagging the S&P 500’s 0.10% dip and extending its slide to a third day. Volume hit 37.7 million, topping the 50-day average of 28.1 million shares, according to MarketWatch.

Artificial Intelligence · Cloud Computing · NYSE:ORCL · Stock Market · Technology
Micron Shares Reach All-Time High with AI Memory Demand in Focus Ahead of Earnings

Micron stock steadies ahead of earnings as AI memory run faces pressure

Micron Technology shares slipped early Wednesday as investors looked ahead to the memory-chip company’s fiscal Q3 earnings, a release many see as a gauge for the AI trade after recent pressure on chip names. Micron was down 0.33% at $1,048.34 as of 9:56 a.m. EDT, trading between $1,032 and $1,083.32 so far, according to MarketWatch.
24 June 2026
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Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

U.S. stocks ended lower Tuesday after a volatile session. The Philadelphia SE Semiconductor index tumbled 7.9%, much steeper than the S&P 500, which lost 1.44%. Six of 11 S&P 500 sectors managed gains—consumer staples rose 1.8%. The Nasdaq dropped 2.21%. The Dow edged down 0.09%. On the NYSE, losers beat winners by a narrow 1.31-to-1 margin. Trading focused on recalibrating AI capex. “Some of the news lately about AI raises questions about all the spending that’s being done and the capex and ramping of the capacity for semiconductors,” said Thomas Martin, senior portfolio manager at Globalt.
24 June 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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