Global markets opened lower Wednesday as a sharp selloff in AI and tech stocks dragged down indexes across the board. Oracle (NYSE: ORCL) and Penguin Solutions (NDAQ: PENG) led the decline after reports questioned the profitability of the AI sector, sending investor sentiment sharply lower. Meanwhile, Tesla (NASDAQ: TSLA) shares dropped over 4% after unveiling new sub-$40,000 Model Y and Model 3 vehicles — raising concerns about shrinking EV profit margins. In this episode: • Why AI profits may be overstated — and what it means for investors • How Oracle and Penguin’s plunge signals shifting sentiment in AI infrastructure • The impact of Tesla’s new EV pricing strategy on margins and competitors Stay up to date on the latest market trends at Stockhouse.com and join investor discussions on Bullboards for Penguin (PENG) and Oracle (ORCL).