NEW YORK (AP) — Most U.S. stocks are rising on Thursday, but a sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will pay off.

The S&P 500 was mostly unchanged and hovering around its all-time high , which was set in October. Drops for AI-related stocks dragged the Nasdaq composite down 0.6%. The Dow Jones Industrial Average was on track for a record with a gain of 625 points, or 1.3%, as of 1:05 p.m. Eastern time.

See Full Page