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The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
The U.S. stock market remains largely quiet as Wall Street waits to hear from the Federal Reserve in the afternoon
Oracle was one of the heaviest weights on the market after analysts said they were surprised by how much the tech giant plans to spend on AI infrastructure.
The S&P 500 Has Soared 92% During This Bull Market. History Says the Stock Market Will Do This in 2026. Historically, the S&P 500 has returned an average of 184% during bull markets.
Oracle's earnings showed mixed results, leading to an 11% drop. Broadcom's strong earnings overshadowed by warnings of margin pressures.
Wall Street set records, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market.