By Tom Westbrook

HONG KONG, Dec 11 (Reuters) – Stocks wobbled around Asia on Thursday after disappointing earnings at U.S. cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the Federal Reserve cut U.S. interest rates.

Oracle shares tumbled ‍more than 11% after hours, dragging S&P 500 futures 0.3% lower and Nasdaq 100 futures down about 0.5% in Asia trade.

AI-related stocks were the biggest losers in Tokyo, as Oracle’s profit and revenue outlook missed forecasts and executives flagged higher spending – a sign that infrastructure outlays are not turning into profits as quickly as investors had hoped.

Japan’s Nikkei traded either side of flat in the morning session with a 5% drop in the AI-exposed SoftBank Group h

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