Mei Ri Jing Ji Xin Wen·2025-12-18 00:18Market Overview - On December 17, US stock indices collectively declined, with the Dow Jones down 0.47%, the Nasdaq falling 418.14 points (1.81%), and the S&P 500 decreasing by 1.16% [1] - Major tech stocks experienced significant drops, including Tesla and Broadcom falling over 4%, Google down over 3%, and Meta and Apple down over 1% [2] Company-Specific Developments - Oracle faced a setback in its ambitious AI infrastructure expansion plan as its largest data center partner, Blue Owl Capital, decided to withdraw support for a $10 billion data center project. However, Oracle stated that negotiations for the project are still proceeding as planned [2] - Nvidia's stock dropped 3.81%, resulting in a market value loss of $164.8 billion (approximately 1160.8 billion RMB) [4] - Medline Inc. had a successful IPO, with shares rising 41.38% on the first day to $41, after pricing at $29, raising $6.26 billion [6][5] Sector Performance - The energy sector saw gains, with ConocoPhillips rising over 4% and ExxonMobil and BP increasing by over 2% [2] - The semiconductor and computer hardware sectors faced significant declines, with companies like AMD and Arm dropping over 5% [2] Geopolitical and Economic Factors - Geopolitical risks, particularly related to Venezuela, have influenced market dynamics, with the price of WTI crude oil increasing by 3% to $56.8 per barrel [7] - The Federal Reserve's stance on interest rates remains cautious, with officials indicating potential for gradual rate cuts amid concerns about the labor market [13]