Mei Ri Jing Ji Xin Wen·2025-12-11 11:15Group 1 - Major stock indices fell, with Dow futures down 0.44%, S&P 500 futures down 0.89%, and Nasdaq futures down 1.21%. Large tech stocks collectively declined, with TSMC down over 2%, Nvidia down over 1.5%, and Intel, AMD, Broadcom, Qualcomm down nearly 1.5% [1] - Oracle's stock dropped over 12% before the market opened after several financial institutions lowered their price targets. Oracle reported Q2 FY2026 revenue of $16.1 billion, a 14% year-over-year increase, and GAAP net income of $6.1 billion, a 57% increase. However, the company reported a free cash flow of -$10 billion and has over $100 billion in outstanding debt, the largest among investment-grade tech companies [2][3] - Morgan Stanley, Royal Bank of Canada, and Baird downgraded Oracle's stock price expectations following the earnings report [2] - Nvidia has secured over half of TSMC's advanced packaging capacity for 2026, pre-ordering 800,000 to 850,000 wafers [2][3] Group 2 - Microsoft CEO Satya Nadella announced a new AI model set to launch on Friday, aiming to elevate AI capabilities [2] - Apple is expected to release its first smart glasses, Apple Glasses, in 2026, likely announced at the WWDC, with production starting in 2027 [2] - SK On and Ford have agreed to terminate their joint venture in the U.S., with each company independently operating their respective battery production facilities [3] - Broadcom is set to release its Q4 FY2025 earnings report, with analysts expecting a 24.5% year-over-year revenue increase to $17.5 billion [3] - JPMorgan predicts that the Federal Reserve will only lower interest rates once in 2026, with a 25 basis point cut, which is less than the market's expectation of about 50 basis points [3]