Software & SaaS US Stocks Week Ahead (Dec 15–19, 2025): Oracle’s AI Capex Shock, Adobe’s AI Lift, and Deal-Making Signals Investors Are Watching
IBM agreed to buy Confluent for $11 billion, while Oracle shares plunged 14% after missing forecasts and raising AI-related spending plans. The Federal Reserve cut rates to 3.50%–3.75%, supporting tech valuations, but investors demanded clearer evidence of AI returns. Adobe beat expectations; ServiceNow was linked to a possible Armis deal.