Companies: Oracle issues weak outlook. Oracle reported quarterly results that fell short of expectations and warned that its spending on artificial intelligence infrastructure will rise significantly, causing a sharp drop in its shares, and the company also projected lower revenue and profit for the next quarter, increasing uncertainty around its cloud expansion plans. The Economy: United States labor costs cool. The Employment Cost Index for the third quarter showed slower wage and benefit growth, signaling easing pressure in the labor market, and this slowdown aligned with other indicators pointing to a more moderate hiring environment and contributed to the decision by the Federal Reserve to lower interest rates, reinforcing expectations of a softer economic trajectory. Politics: United States House approves major defense bill. The House of Representatives passed a defense authorization package totaling about nine hundred one billion dollars and advanced the measure to the Senate, including provisions for troop compensation and continued support for international partners, while the vote maintained long-standing congressional priorities and prepared the way for further debate in the upper chamber. Markets: United States stocks rise after Federal Reserve cut. Equity indexes moved higher while Treasury yields declined following the twenty-five basis point rate reduction by the central bank, and investors initially reacted with optimism to projections that indicated a gradual path for future monetary policy before volatility increased after weak guidance from Oracle added pressure on technology shares.