{"id":344492,"date":"2025-12-17T17:10:22","date_gmt":"2025-12-17T22:10:22","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=344492"},"modified":"2025-12-17T17:10:25","modified_gmt":"2025-12-17T22:10:25","slug":"tech-leads-sell-off-2","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tech-leads-sell-off-2\/","title":{"rendered":"Tech leads sell-off"},"content":{"rendered":"\n

The selling continued\u00a0on Wall Street, led once more by the AI trade. The Financial Times reported that Oracle has lost the backing for a US$10 million data centre, adding to the tech company’s long string of woes. Oracle<\/a> sank 5.4% while Nvidia<\/a> fell 3.81% and GE Vernova<\/a> tumbled 10.5%. Similarly, Tesla<\/a> skidded 4.62% and Vistra<\/a> slid 7.77%. Tech losses dragged the Nasdaq down 1.81% on Wednesday while the S&P lost 1.16% and the Dow surrendered 0.47%. Bitcoin also struggled as it declined nearly US$2,000 to US$85,760. Meanwhile, the U.S. 10-year yield held around 4.159%.<\/p>\n\n\n\n

The TSX performed better, basically flat after slipping 13 points. Seven sectors were positive, led by energy and materials, while financial led the losers. Major movers: Cargojet<\/a> 6.26%, Baytex<\/a> 4.58%, CNQ<\/a> 2.21%, Toromont<\/a> -5.64% and Transalta<\/a> -5.4%. As Trump threatens what many consider an unprovoked war against Venezuela, WTI crude jumped over 3% to\u00a0nearly US$57. Gold maintained its lofty highs at US\u00a0$4,344 while silver reached record highs of US$66.35 after a 4.25% jump.<\/p>\n\n\n\n

💻 Oracle (ORCL-N)<\/a> -5.04%<\/p>\n\n\n\n

💾 NVIDIA Corporation (NVDA-Q)<\/a> -3.81%<\/p>\n\n\n\n

🔌 GE Vernova (GEV-N)<\/a> -10.5%<\/p>\n\n\n\n

🚗 Tesla Inc (TSLA-Q)<\/a> -4.62%<\/p>\n\n\n\n

💡 Vistra (VST-N)<\/a> -7.77%<\/p>\n\n\n\n

🛫 Cargojet Inc (CJT-T)<\/a> +6.26%<\/p>\n\n\n\n

🛢 Baytex Energy Corp (BTE-T)<\/a> +4.58%<\/p>\n\n\n\n

🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> +2.21%<\/p>\n\n\n\n

⚙ Toromont Industries (TIH-T)<\/a> -5.64%<\/p>\n\n\n\n

💡 Transalta Corp (TA-T)<\/a> -5.4%<\/p>\n","protected":false},"excerpt":{"rendered":"

The selling continued\u00a0on Wall Street, led once more by the AI trade. The Financial Times reported that Oracle has lost the backing for a US$10 million data centre, adding to the tech company’s long string of woes. Oracle sank 5.4% […]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-344492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=344492"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344492\/revisions"}],"predecessor-version":[{"id":344493,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344492\/revisions\/344493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=344492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}