Blue chips, Citibank, ContinentalAirlines, GeneralElectricetc., and tech stocks, Microsoft, Intel, Cisco, Oracle, Dell and SunMicrosystemetc., all closed lower.
The popularity of cloud computing and its profit making capacity has resulted in old IT behemoths such as Microsoft, Oracle, Google, etc. launching new products in the domain.
What the hardware is that goes underneath Oracle (or Ingres etc, the other relational databases, if any of them still exist so long ago was my involvement in this world) is very much a secondary consideration.