Core Viewpoint - The article discusses the recent decline in major U.S. stock indices, driven by concerns over AI investments and rising U.S. Treasury yields, leading investors to withdraw from the technology sector [1][2]. Market Dynamics - On the closing day, the Dow Jones fell by 245.96 points (0.51%) to 48,458.05, the Nasdaq dropped by 398.69 points (1.69%) to 23,195.17, and the S&P 500 decreased by 73.59 points (1.07%) to 6,827.41 [6]. - The semiconductor ETF fell by 4.53%, the global tech stock index ETF declined by 2.92%, and the tech sector ETF decreased by 2.89%, while consumer staples ETF rose by 0.79% [6]. Sector Performance - Most sectors in the S&P 500 experienced declines, with the technology sector leading the drop at 2.87%, followed by energy at 0.93% and telecommunications at 0.69% [7]. - Major tech stocks mostly fell, with Nvidia down 3.27%, Amazon down 1.78%, and Meta down 1.30%, while Apple rose slightly by 0.09% [8]. Company News - Broadcom's stock plummeted over 11% due to warnings of future profit margin contractions, raising concerns about the sustainability of AI investments [3]. - Oracle's stock also fell over 4% after reports indicated delays in completing data centers for OpenAI, although Oracle later refuted these claims [4]. - Dell is rumored to increase commercial PC pricing next week [12]. - Google announced the launch of its AI voice simultaneous interpretation feature, enhancing its translation capabilities [13]. Investment Trends - Following a strong performance in previous weeks, the market saw a sell-off, with funds shifting towards defensive sectors like consumer staples [5]. - The upcoming release of key economic data, including non-farm payrolls and consumer inflation, is expected to provide clearer insights into economic health [5].

Market Overview - Major U.S. stock indices closed lower, with concerns over AI bubble fueled by Broadcom and Oracle, alongside rising U.S. Treasury yields due to some Federal Reserve officials opposing monetary policy easing [1][2] - The Dow Jones fell by 245.96 points (0.51%) to 48,458.05, the Nasdaq dropped by 398.69 points (1.69%) to 23,195.17, and the S&P 500 decreased by 73.59 points (1.07%) to 6,827.41 [3] Sector Performance - The semiconductor ETF declined by 4.53%, global tech stock index ETF fell by 2.92%, and the tech sector ETF dropped by 2.89%, indicating a broad sell-off in technology stocks [3] - The S&P 500's technology sector led the declines, down 2.87%, while the energy sector fell by 0.93% and the telecom sector decreased by 0.69% [3] Company-Specific News - Broadcom's stock plummeted over 11% after warning of future profit margin contraction, raising concerns about the sustainability of AI investments [1] - Oracle's stock fell over 4% following reports of delays in completing data centers for OpenAI, pushing the market to sell off AI-related stocks [1] - Dell plans to raise prices on commercial PCs by 10%-30% starting December 17, due to rising storage chip costs, with specific increases ranging from $130 to $765 depending on configuration [6] Notable Stock Movements - Major tech stocks mostly declined, with Nvidia down 3.27%, Amazon down 1.78%, and Meta down 1.30%, while Apple saw a slight increase of 0.09% [4] - Cannabis stocks surged, with Tilray Brands up 44% and Canopy Growth up 54%, indicating a strong performance in that sector [4] Upcoming Economic Data - The U.S. Labor Department is set to release non-farm payroll, consumer inflation, and retail sales data next week, which are expected to provide clearer insights into the economic health following data gaps due to the government shutdown in October [2]