The Nikkei fell 1.03% to 49,001.5, its lowest close since November 25. The broader Topix slipped 0.37% to 3,356.89.Wall Street's main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade weighed on technology stocks."The market's concerns about the profitability of AI-related businesses and data centres in the U.S. have been coming to the surface," said Kazuaki Shimada, chief strategist at IwaiCos ...

Yeah, we're back here on Morning Trade Live. We're talking Oracle stocks off a little bit today and giving up [music] more than 41% of its gains since hitting those all-time highs that we saw in early September. [music] Oracle is in the news today due to an upcoming $ 38 billion debt offering to fund the next phase of its Stargate project with Open AI.Another round of debt offerings here for the company. That's going to be the focus [music] of uh Morning Trade Live here. Um let's bring in our next guest.It' ...

Group 1 - SoftBank's plan to invest $100 billion in AI infrastructure in the U.S. is facing delays due to risks associated with White House tariffs impacting financing discussions [1][2] - The Stargate project, a collaboration between SoftBank and OpenAI, is projected to cost $500 billion over time, but financing templates and detailed discussions with financial institutions have not yet materialized [2][4] - Economic volatility and the emergence of cheaper AI services are causing financiers to reconsider investments in data centers, leading to a lack of deals despite preliminary talks [2][3] Group 2 - The White House's trade policies are making investors cautious about riskier investments amid recession concerns, which is affecting projects linked to OpenAI [3] - OpenAI is undergoing changes, including a retreat from plans to become a for-profit entity, and is seeking Microsoft's endorsement for its restructuring efforts [4] - The Stargate project is part of a broader trend among Big Tech firms developing AI data centers, which require specialized hardware for AI workloads [4][5]