CNBC·2025-12-13 23:04Market Overview - The S&P 500 experienced a decline of approximately 0.6% for the week, while the Nasdaq fell by 1.6%, breaking a two-week winning streak [1] - The Dow Jones Industrial Average rose by nearly 1.6%, marking its third consecutive weekly gain [1] - Despite December typically being a strong month, the S&P 500 and Nasdaq are down 0.3% and 0.7% respectively [1] Key Events Impacting the Market - Broadcom's Decline: Broadcom's stock plummeted by 11.5% due to misinterpreted comments during its earnings call, raising concerns about AI stock valuations [1] - Oracle's Poor Performance: Oracle's shares fell nearly 11% after a quarterly sales miss and disappointing guidance, with an additional 4.5% drop following reports of delays in data center completions for OpenAI [1] - Nvidia's Positive News: Nvidia received approval to ship its H200 chips to approved customers in China, following a deal with the U.S. government for export licenses [1] - GE Vernova's Strong Guidance: GE Vernova was the top performer despite a 4.6% decline on Friday, closing at a record high due to positive long-term growth guidance [1]