Oracle's Cloud Problems Trigger Market Jitters: October 7th Sell-Off
Update: 2025-10-07
Description
Tech stocks took a dive after Oracle's cloud struggles spooked investors about AI profitability, triggering a market sell-off. The ongoing government shutdown added fuel to the fire, sending gold prices soaring. Despite the downturn, some see opportunity in fundamentally strong companies like Seagate Technology, which is up 160% this year, betting on long-term growth in data storage.
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