US Stocks Record Highs, Oracle AI Costs Fuel Tech Doubts & Market Shift

• US stock market saw S&P 500 and Dow Jones close at record highs, but the tech-heavy Nasdaq Composite faced pressure.
• Oracle's weak quarterly forecast and warning of higher AI cloud computing costs caused its stock to fall, raising concerns about aggressive AI investments.
• Fears emerged that heavy reliance on debt for AI could lead to a "dot-com bubble" scenario, impacting other AI and semiconductor stocks.
• A market rotation was observed, with small caps, cyclicals, and financials outperforming tech as investors sought more stable growth.
• Walt Disney's $1 billion investment in OpenAI boosted its stock and partially restored confidence in the AI space.

Why It Matters: Oracle's weak outlook sparks AI bubble fears, shifting investor focus from tech.