Oracle rallies 11% leading software stock bounce back

News Image
Read full story

Published: 1 hour ago

Oracle shares jumped 11% leading a broader rally in software stocks after losing over 20% year-to-date due to AI disruption concerns. The tech rebound signals potential recovery in the sector. USD could strengthen on renewed tech optimism as software companies represent significant US market capitalization. Traders should monitor USD/JPY and USD/CHF as risk-on sentiment typically favors dollar against safe havens.

Nothing to see yet 😢