<div id="readability-page-1">AI and Big Tech stocks were unable to climb their way out of the deep hole dug by Oracle (ORCL), after the Financial Times reported that Blue Owl Capital's plans to finance the company's $10 billion Michigan data center fell through. The Nasdaq suffered an 418-point drop, marking its lowest close in nearly a month, while both the Dow and S&amp;P 500 logged a fourth consecutive daily loss. Defense stocks also weighed on the broader market, while oil prices managed to rebound, recovering from Tuesday's four-year lows. Continue reading for more on today's market, including: <ul> <li>Which Dow stock outperformed in 2025.</li> <li>Streaming tug-of-war continues for Warner Bros.</li> <li>Plus, don't overlook this rebalance; analysts praise retail giant; and struggling homebuilding stock.</li> </ul> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/summary-1217ea25d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTM2YjZiZTA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="511" height="255" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/summary-1217ea25d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTM2YjZiZTA2XzI"/> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/nyse-1217ef25d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTMzYjZiZTA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="386" height="190" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/nyse-1217ef25d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTMzYjZiZTA2XzI"/> <div> <h2>5 Things to Know Today</h2> <ol> <li>Amazon.com (AMZN) is continuing its fight in Big Tech, today naming Peter DeSantis as its leader for a new AI-focused unit. (Bloomberg)</li> <li>Several House Republicans joined forces with Democrats to get a vote on the table regarding expiring Affordable Care Act subsidies. (CNBC)</li> <li>The Nasdaq-100 trade rebalance that often gets overlooked.</li> <li>Two analysts circling Gap stock.</li> <li>Post-earning drawdown drags homebuilding name.</li> </ol> </div> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/earns-1217f425d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTI4YjZiZTA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="566" height="317" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/earns-1217f425d17823936f13b9ccff000047db6d.png/query-c2Z2cnNuPTI4YjZiZTA2XzI"/> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/uvoldec17.jpg/query-c2Z2cnNuPThiNmJlMDZfMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="480" height="631" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/recap/uvoldec17.jpg/query-c2Z2cnNuPThiNmJlMDZfMA"/> <h2>Crude Moves Into Recovery Mode</h2> Supply concerns and comments from U.S. President Donald Trump regarding blocking sanctioned tankers pushed crude futures higher, ramping up recovery from Tuesday's steep drop. January-dated West Texas Intermediate (WTI) crude added 80 cents, or 1.5%, to close at $56.07 per barrel. Safe haven investors are flocking to commodities after yesterday's softer-than-expected jobs data. Silver continued its surge, too, rising around 4% an ounce. February-dated gold settled down 0.7% to close at $4,364 per ounce. </div>

ORCL

The S&P 500 and Dow recorded their fourth consecutive loss, influenced by a decline in AI and Big Tech stocks, notably Oracle, after Blue Owl Capital's financing plans fell through. The Nasdaq dropped 418 points, its lowest in nearly a month. Defense stocks also impacted the market, while oil prices rebounded. Additionally, Amazon named Peter DeSantis to lead a new AI unit, and crude futures rose due to supply concerns and comments from President Trump.

Big Tech Teardown Triggers 4-Straight Losses for Dow, S&P 500