Fed Rate Cut Faces Opposition, Oracle Stock Drops

The Fed Delivers Rate Cut

The Federal Reserve has announced a rate cut, but it faces the most significant dissent in six years. This division highlights differing views on the central bank’s future policy direction.

Market Reaction to Fed Decision

Following the Fed’s announcement, Nasdaq futures declined. Oracle’s data center spending increased, causing its stock to drop by over 10% in after-hours trading.

Norway’s Sovereign Wealth Fund Cautious

Norway’s Sovereign Wealth Fund is exercising caution in its infrastructure investments, reflecting broader concerns in the market amid the Fed’s decisions.