Dow Futures Rise Despite Oracle News; Tesla Falls on Model Y Price Drop

1 min read
Source: Investor's Business Daily
Dow Futures Rise Despite Oracle News; Tesla Falls on Model Y Price Drop
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures were stable as the stock market experienced a modest retreat amid concerns over Oracle's slim margins from AI server rentals and Tesla's new, less affordable Model Y. Despite some declines, major indexes found support, and select stocks like AppLovin and SoFi rebounded. Oracle's weak cloud margins and Tesla's pricing strategy are key market themes, with overall market sentiment cautious but still optimistic about opportunities.

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