Sou Hu Cai Jing·2025-12-13 01:05Market Overview - On December 12, US stock indices collectively declined, with the Dow Jones down 0.51%, the Nasdaq down 1.69%, and the S&P 500 down 1.07% [1] - Over 3,800 stocks experienced declines during the trading session [1] Company Performance - Nvidia's market value dropped by over $140 billion, equivalent to approximately 1013.1 billion RMB, following a decline of more than 3% in its stock price [3] - Oracle's stock fell over 4% on December 12, adding to a previous drop of over 10% on December 11, due to delays in data center completion for OpenAI, pushing the timeline from 2027 to 2028 [6] - Broadcom's stock plummeted over 11% after reporting Q4 sales of $18 billion, a 28% year-over-year increase, but concerns arose regarding profit margins and the short-term revenue impact of OpenAI contracts [8] Sector Trends - The technology sector saw widespread declines, with major companies like Google, Microsoft, Meta, and Amazon all dropping over 1%, while Tesla rose over 2% [3] - Storage concept stocks and semiconductor sectors faced significant losses, with Corning down nearly 8% and Micron Technology, Dell Technologies, and Intel all experiencing declines of over 4% [3] Economic Indicators - The Nasdaq China Golden Dragon Index fell by 0.3%, with most Chinese concept stocks declining, while a few, such as TAL Education and New Oriental, saw gains [11] - COMEX gold futures rose by 0.39% to $4329.8 per ounce, while WTI crude oil futures fell by 0.28% to $57.44 per barrel [11] Regulatory Developments - On December 12, President Trump signed an executive order to unify AI regulatory rules at the federal level, aiming to prevent states from creating their own regulations [12][14] - Analysts express skepticism about the effectiveness of this order in halting state-level legislation on AI [14][15]