GLOBAL MARKETS: Oracle Knocks Stocks as Fed's Message Weighs on Dollar

ASIAN MARKET - HONG KONG. Stocks wobbled around Asia on Thursday after disappointing earnings at U.S. cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the Federal Reserve cut U.S. interest rates.

Oracle shares tumbled more than 11% after hours, dragging S&P 500 futures 0.3% lower and Nasdaq 100 futures down about 0.5% in Asia trade.