Sou Hu Cai Jing·2025-12-15 02:09Market Overview - The US stock market is experiencing a significant sell-off in technology stocks, with major indices in Japan and South Korea opening lower, including a nearly 3% drop in the KOSPI index [1][2] - AI concept stocks in Japan and South Korea are broadly declining, with notable drops in companies like SoftBank Group (over 7%) and Fujikura (over 6%) [2] - The cryptocurrency market is also facing a downturn, with Bitcoin and other major cryptocurrencies dropping over 2%, and a total liquidation of $271 million in the past 24 hours [2] Oracle and OpenAI Data Center - Oracle has delayed the construction timeline for the OpenAI data center from 2027 to 2028 due to labor and material shortages, impacting overall market sentiment [2] - An Oracle spokesperson stated that all contractual commitments and milestones are on track, maintaining confidence in their partnership with OpenAI [3] Japanese Central Bank's Interest Rate Decision - The Bank of Japan is expected to raise interest rates by 25 basis points in its upcoming meeting, marking the first increase since January [3][4] - A Bloomberg survey indicates that all economists surveyed anticipate this rate hike, with a 90% probability of the rate reaching 0.75% [4] - The focus of investors is shifting from whether to raise rates to guidance on future monetary policy from Bank of Japan Governor Kazuo Ueda [5]