Broadcom Inc.

Oracle Corporation

NVIDIA Corporation

U.S. stocks fell sharply on Friday, December 12, amid the ongoing sell-off of securities related to artificial intelligence. The main catalysts of the sector's decline were Oracle, which became a kind of indicator of the boom in the AI-industry, and rival Nvidia chipmaker Broadcom, whose order volume turned out to be worse than some investors expected. Doubts about the prospects of the two companies have brought concerns about the valuation of the tech giants back to the market.

"The AI bubble is deflating but not bursting": major US indices collapsed on Friday

Cloud services provider Oracle denied a <a href="https://oninvest.com/article/oracle-otlozila-sdacu-casti-data-centrov-dla-openai-na-2028-god-akcii-upali-na-6">report </a>that it will complete data centers for OpenAI - one of its key customers - in 2028, rather than 2027 as previously planned.

Oracle denied the report about the disruption of the commissioning of OpenAI data centers

Cloud capacity provider and software developer Oracle has pushed back the completion date for part of the data centers it is building for OpenAI (creator of ChatGPT) from 2027 to 2028, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-12-12/some-oracle-data-centers-for-openai-delayed-to-2028-from-2027?srnd=homepage-europe">reported</a>, citing sources.

Oracle has postponed delivery of a portion of its data centers for OpenAI until 2028. Shares fell 6%

Oracle shares have fallen by almost 40% since September, and the company's capitalization has shrunk by more than $360 billion: the market still lacks confidence in the sustainability of the business against the backdrop of dependence on OpenAI. The fall accelerated after the report for the second quarter of the fiscal year, which did not dispel investors' concerns and only caused a new wave of revisions of forecasts by Wall Street analysts.

Oracle shares are down 40% after a September rally. What does Wall Street advise doing?

The Walt Disney Company

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Fed to support bullish sentiment

Visa Inc.

The company's weak report pulled the entire AI sector down, but Wedbush analysts see it as a buying opportunity on the downturn 

S&amp;P 500 and Dow Jones indexes jumped to records. What does this have to do with Oracle's collapse?

Adobe Inc.

Photronics, Inc.

Marvell Technology, Inc.

New York Morning: Oracle may wake up the "bears"

ASML Holding N.V.

SAP SE

SoftBank Group Corp.

The technology sector in Europe and Asia was also pressured by weak sales and earnings figures from US-based Oracle

Equity and cryptocurrency markets declined amid disagreement at the Fed on the rate trajectory

Shares of Oracle, which makes database software, fell more than 6 percent in the Dec. 10 postmarket following the release of its <a href="https://www.prnewswire.com/news-releases/oracle-announces-fiscal-year-2026-second-quarter-financial-results-302638471.html">quarterly report</a>. The company's revenue came in worse than expected, CNBC <a href="https://www.cnbc.com/2025/12/10/oracle-orcl-q2-earnings-report-2026.html">points out </a>. For the second quarter of fiscal year 2026, which ended Nov. 30, it increased 14% to $16.06 billion, while analysts on average expected $16.21 billion. Earnings per share were $2.26 versus expectations of $1.64, the channel reports.

Oracle's shares collapsed 6%. Its revenue fell short of expectations

GameStop Corp.

JPMorgan Chase & Co.

Microsoft Corporation

Morning in New York: investors expect restrained steps from the Fed

Options markets are pricing in a 10% move in the stock in either direction following the release of the Oracle report 

"A key moment for AI stocks": what Wall Street is expecting from Oracle's report

Wall Street is expecting a quarter percentage point cut in the US interest rate during this week's main event - the US Federal Open Market Committee (FOMC) meeting of the US Federal Reserve, which will end with a press conference by Fed chief Jerome Powell. Powell is expected to undertake a so-called hawkish rate cut: with no hint of further monetary policy easing in early 2026, Barron's <a href="https://www.barrons.com/articles/fed-rate-decision-adobe-oracle-costco-broadcom-c2d28c54?mod=RTA#:~:text=But%20Powell%20is%20expected%20to%20deliver%20a%20hawkish%20cut%2C%20meaning%20he%20won%E2%80%99t%20signal%20any%20rate%20cuts%20early%20next%20year.">writes</a>.