Oracle shares could lose all of their 2018 gains at the opening bell Tuesday as investors react to a modestly softer reading on cloud computing sales amid broader concern over data and security in the tech sector following Facebook's massive Monday slide.
Global stocks were steady Tuesday as investors returned to big-name equities following yesterday's Facebook-led wipe-out of the tech sector and prepped for this week's interest rate decision from the U.S. Federal Reserve.
U.S. stock futures point to further losses for Wall Street on Tuesday, with tech shares remaining under pressure after Facebook's tumble during the previous session.
Facebook looks set to extend its biggest decline in four years Tuesday as U.K. data officials continue to probe its relationship with Cambridge Analytica, the controversial political consultancy at the heart of the biggest data scandal in social media history.
The big selloff that started the week had a few good signs buried in all the red.