US stock futures were mixed on Thursday as investors digested the Federal Reserve’s latest rate cut, which drove an afternoon rebound on Wall Street. Dow futures rose 0.1%, while S&P 500 and Nasdaq 100 futures slipped 0.1% and 0.2%, pressured by a sharp selloff in Oracle. The AI-focused cloud provider plunged more than 10% in extended trading after missing revenue estimates and raising its spending forecast, reviving concerns about the durability of AI-related investment cycles. The report triggered fresh concerns about the sustainability of AI investments. In regular trading on Wednesday, the Dow rallied 1.05%, the S&P 500 gained 0.67% and the Nasdaq Composite added 0.33%. Those moves came as the Fed delivered its third quarter-point rate cut this year, while signaling a more gradual path of easing next year. Chair Jerome Powell also indicated that further hikes are unlikely and reiterated confidence in the resilience of the US economy.