Core Viewpoint - The outlook for Oracle in 2026 is expected to be an underperformer compared to other large-cap AI companies due to potential capacity constraints and growth targets that may not be met [3][4]. Group 1: Oracle's Performance and Outlook - Oracle's backlog improved by $63 billion recently, but this creates challenges for future performance expectations [4]. - Despite impressive growth targets, Oracle is likely to fall short, making it difficult to improve its valuation multiple [3]. - The risk of contagion from Oracle to other AI players is considered low, as recent events have helped minimize this risk [2]. Group 2: AI Market Dynamics - The AI market is currently experiencing a downturn, with stocks off by approximately 10-20%, which may be necessary for establishing a market bottom [6]. - There is ongoing optimism around AI, and discussions will shift back to expectations for December earnings and early 2024 [7]. - The fundamentals of AI are expected to improve, indicating that the market is still in the early stages of transformation [8]. Group 3: Pricing and Commoditization - Concerns about the commoditization of AI are linked to pricing strategies, with discussions around a potential 10x annual decline in pricing [10][11]. - However, it is suggested that not all token pricing will decline significantly, and some high-quality tokens may still see growth [12][13]. - The relationship between pricing and usage is highlighted, with the potential for increased usage as prices decrease, similar to trends seen in other tech sectors [11].

For more in tech rough week, let's bring in fast money friend Gene Munster, managing partner of Deep Water Asset Management. Gan, it's always great to get your thoughts. Um, I want to start off with Oracle and I I just curious, how do you think this Oracle story progresses in 2026.And is there even though we know that Broadcom is a very different company that Nvidia is a very different company in terms of customers, in terms of their balance sheet, etc., etc. Is there the risk of contagion from Oracle to th ...

with developments under Oracle. By the way, it wasn't just Oracle under pressure today. Shares of Broadcom, which have been up nearly 4% after posted earnings last night.End of the day, down more than 11%. Several analysts saying they expect the chipmaker to take a margin hit from costly AI buildout. So, here we have two major pieces of the AI trade not um giving us a good bullish narrative going into 2026.What do you make of this. >> Yeah, I mean, this really feels like I I like the saying AI fatigue. the ...

with developments under Oracle. By the way, it wasn't just Oracle under pressure today. Shares of Broadcom, which have been up nearly 4% after posted earnings last night.End of the day, down more than 11%. Several analysts saying they expect the chipmaker to take a margin hit from costly AI buildout. So, here we have two major pieces of the AI trade not um giving us a good bullish narrative going into 2026.What do you make of this. >> Yeah, I mean, this really feels like I I like the saying AI fatigue. the ...

Group 1: Canadian Tech Sector - Celestica Inc. shares fell 12.92% due to "AI skepticism," impacting the overall index negatively [1] Group 2: Canadian Cannabis Companies - Tilray Brands Inc. shares increased by 44.35%, Canopy Growth Corp. shares rose by 52.87%, Aurora Cannabis Inc. shares were up 19.04%, and Organigram Global Inc. shares increased by 16.81% following reports of potential easing of federal restrictions on cannabis by U.S. President Donald Trump [2] - The aggressive legalization in the U.S. could revitalize Canadian cannabis stocks, which had previously seen significant declines [2] Group 3: Canadian Economic Indicators - Investors are anticipating November inflation data, with a consensus forecast of 2.3% headline inflation, which will provide insights into the Canadian economy's health [3] - The Bank of Canada policy rate is currently at 2.25% [3] Group 4: U.S. Market Performance - Broadcom's shares dropped 11.4% despite reporting stronger-than-expected profits, contributing to market concerns about the AI sector [4] - Oracle's shares fell nearly 11% after reporting better-than-expected profits, raising fears about high valuations in the AI market [5] - The S&P 500 index was notably affected by declines in Broadcom and Nvidia, with Oracle's results causing disappointment among investors [5] Group 5: Market Indices and Commodities - The Dow Jones industrial average decreased by 245.96 points, the S&P 500 index fell by 73.59 points, and the Nasdaq composite dropped by 398.69 points [6] - The Canadian dollar traded at 72.63 cents US, and crude oil prices fell by 16 cents to US$57.44 per barrel, while gold prices increased by US$15.30 to US$4,328.30 per ounce [6]

For Oracle, it’s likely bad enough being the mixed metaphor of canary in the coal mine for a potential AI market bubble. But on Friday, the beleaguered Silicon Vally giant found a new way to suffer: Here’s your Evening Briefing https://t.co/NMgaMyaimA ...

Market Analysis by covering: Microsoft Corporation, Oracle Corporation, Warner Bros Discovery Inc, NVIDIA Corporation. Read 's Market Analysis on Investing.com ...

Core Viewpoint - The report highlights significant market volatility triggered by Oracle's data center delay rumors, impacting AI infrastructure-related stocks and bonds, with the Philadelphia Semiconductor Index experiencing its largest drop in two months [1][5][11] Market Reaction - The Philadelphia Semiconductor Index saw a drop of up to 5%, marking its largest decline in two months, exacerbated by Broadcom's disappointing earnings report [1][6] - Oracle's stock fell over 6% intraday and closed down nearly 4.5%, accumulating a 14.8% drop over two trading days following the earnings report [1][11] - Major tech stocks, including Nvidia and CoreWeave, also experienced declines, with Nvidia down over 3% and CoreWeave down 11% [3][11] Bond Market Impact - Oracle's bonds faced severe sell-offs, with the yield on its 5.2% coupon bond maturing in 2035 rising to 5.9%, surpassing the average yield of the highest-rated junk bonds at 5.69% [3][7] - The spread on Oracle's bonds widened by 0.17 percentage points to 1.71 percentage points, indicating a shift in market perception towards a riskier profile [7][10] - Investors in Oracle's recently issued $18 billion investment-grade bonds faced paper losses totaling approximately $1.35 billion [8] Credit Market Sentiment - Oracle has become a key indicator for assessing AI-related credit risks, with its weaker credit rating and increasing debt levels making it particularly sensitive to market sentiment [4][10] - The rise in credit default swap (CDS) spreads, which increased by 14.4 basis points to 151.3 basis points, reflects heightened concerns over Oracle's potential debt defaults [8][10] Company Positioning - Oracle's management remains committed to maintaining its investment-grade debt rating, asserting confidence in fulfilling obligations and future expansion plans [6][11] - Despite recent declines, Oracle's stock has still shown over a 10% increase year-to-date, indicating some resilience in the broader market context [11]

Market Overview - Major U.S. stock indices closed lower, with concerns over AI bubble fueled by Broadcom and Oracle, alongside rising U.S. Treasury yields due to some Federal Reserve officials opposing monetary policy easing [1][2] - The Dow Jones fell by 245.96 points (0.51%) to 48,458.05, the Nasdaq dropped by 398.69 points (1.69%) to 23,195.17, and the S&P 500 decreased by 73.59 points (1.07%) to 6,827.41 [3] Sector Performance - The semiconductor ETF declined by 4.53%, global tech stock index ETF fell by 2.92%, and the tech sector ETF dropped by 2.89%, indicating a broad sell-off in technology stocks [3] - The S&P 500's technology sector led the declines, down 2.87%, while the energy sector fell by 0.93% and the telecom sector decreased by 0.69% [3] Company-Specific News - Broadcom's stock plummeted over 11% after warning of future profit margin contraction, raising concerns about the sustainability of AI investments [1] - Oracle's stock fell over 4% following reports of delays in completing data centers for OpenAI, pushing the market to sell off AI-related stocks [1] - Dell plans to raise prices on commercial PCs by 10%-30% starting December 17, due to rising storage chip costs, with specific increases ranging from $130 to $765 depending on configuration [6] Notable Stock Movements - Major tech stocks mostly declined, with Nvidia down 3.27%, Amazon down 1.78%, and Meta down 1.30%, while Apple saw a slight increase of 0.09% [4] - Cannabis stocks surged, with Tilray Brands up 44% and Canopy Growth up 54%, indicating a strong performance in that sector [4] Upcoming Economic Data - The U.S. Labor Department is set to release non-farm payroll, consumer inflation, and retail sales data next week, which are expected to provide clearer insights into the economic health following data gaps due to the government shutdown in October [2]

特朗普：倾向于由沃什或哈塞特领导美联储 美国总统特朗普表示，他倾向于由前美联储理事沃什或国家经济委员会主任凯文·哈塞特在明年领导美 联储。 特朗普说，他认为下一任美联储主席应该就利率的设定与他进行磋商。 "通常情况下，这种做法已经不存在了。以前经常这样做。应该这样做，"特朗普说，"这并不意味着 ——我不认为他应该完全按照我们说的去做。但可以肯定的是，我是一个聪明的声音，应该被倾听"。 1、特朗普：倾向于由沃什或哈塞特领导美联储 2、美联储官员就降息是否会危及抗通胀信誉展开激辩 3 、甲骨文为OpenAI打造的部分数据中心完工期推迟至2028年 4 、博通暴跌 步甲骨文后尘 令押注人工智能的投资者失望 5、特朗普拟放宽大麻管制 大麻类股应声上涨 6、美联储保尔森：劳动力市场风险大于通胀风险且政策仍偏紧 来源：环球市场播报 全球财经媒体昨夜今晨共同关注的头条新闻主要有： 消息人士称，这些延误主要是由于人力和材料短缺所致。 美联储官员就降息是否会危及抗通胀信誉展开激辩 美联储官员周五再次阐明了本周降息为何如此充满争议，在公开评论中，一位官员认为，如果劳动力市 场走软，央行还有继续降息的空间，而其他官员则警告称，降息 ...