Oracle(US:ORCL) 智通财经网·2025-12-11 22:26Market Overview - Oracle's stock price dropped nearly 11%, negatively impacting the Nasdaq index, while the Dow Jones reached an intraday record high of 48765.34 points [1] - As of the market close, the Dow Jones increased by 646.26 points (1.34%) to 48704.01 points, while the Nasdaq fell by 60.30 points (0.25%) to 23593.86 points [1] - European stock indices showed positive performance, with Germany's DAX30 up by 188.41 points (0.78%) and the UK's FTSE 100 up by 44.97 points (0.47%) [1][2] Economic Indicators - U.S. wholesale inventories increased by 0.5% in September, the fastest growth since February, driven by non-durable goods [4] - The inventory-to-sales ratio for wholesalers rose to 1.29, indicating a slight increase in inventory levels compared to August [4] Federal Reserve and Regulatory Changes - The Federal Reserve reappointed 11 regional Fed presidents for five-year terms, alleviating concerns about personnel uncertainty [5] - The Financial Stability Oversight Council (FSOC) will focus on easing financial regulations to promote economic growth, as stated by U.S. Treasury Secretary Mnuchin [5] Corporate Developments - Tesla's U.S. sales fell to their lowest level in nearly four years, with a year-on-year decline of nearly 23% in November [7] - Apple successfully persuaded a U.S. appeals court to modify parts of a previous ruling regarding its App Store practices, although most of the contempt findings were upheld [8] - Rivian is developing its own AI chips to replace Nvidia's technology in future vehicles, aiming to enhance autonomous driving capabilities [10] Stock Ratings - Morgan Stanley lowered the target price for Meta Platforms from $820 to $750 [11] - KeyBanc reduced Oracle's target price from $350 to $300, citing concerns over its short-term outlook following the second-quarter earnings report [11]