- Oracle shares rallied after forecasting revenue growth and saying its capex binge would soon peak.
Tech shares rose Wednesday as AI-debt fears eased. Oracle rallied on revenue forecast and peak capex signal. SK Hynix soared on $75 billion shareholder return plan. Microsoft gained on revenue beat; Alphabet fell on slight miss. Relief rally may stall after mixed hyperscaler earnings.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.