Tech stock headwinds intensifying: Oracle shares sliding toward their worst quarterly performance since 2001, as incoming leadership grapples with investor skepticism over AI infrastructure spending. The situation highlights growing concerns about whether massive capital deployment into AI buildout will justify current valuations—a narrative that's reverberating across markets. When legacy tech giants struggle with execution and market confidence in the AI supercycle wobbles, it signals shifting investor sentiment. This broader macro pressure creates ripple effects throughout risk assets, including digital currencies, as capital flows become more defensive. Worth monitoring closely as a bellwether for how the market is pricing long-term tech growth stories.