Stocks Slide Wednesday as Tech and AI Weakness, Oracle Setback Weigh on Markets

The stock market slid on Wednesday, pressured by ongoing weakness in tech and AI shares. Adding to the decline, Oracle’s stock fell after a key investor withdrew from one of its data center projects, intensifying the broader market downturn.

Overall, S&P 500 dropped 1.2% to 6,721, while NASDAQ faltered 1.8% to 22,693.

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Here is the one-year chart of NVIDIA (NVDA) as of December 1, 2025, when the stock was at $180.

NVIDIA continues to be the brains of AI infrastructure.

Last quarter, NVIDIA’s profits surged 60% on the back of 62% revenue growth, with its new Blackwell GPU leading the charge. Blackwell was just introduced in late-2025.

NVIDIA has also its next-generation Rubin GPU on track to ramp up in the 2nd half of 2026.

NVIDIA customers include the best tech companies in the world, such as Amazon (AMZN), Eli Lilly (LLY), OpenAi, Anthropic, Salesforce (CRM), ServiceNow (NOW), Crowdstrike (CRWD), and SAP. At Meta (META), AI recommendations are delivering more relevant constant, leading to more time spent on Facebook & Instagram. These GPUs run on NVIDIA’s CUDA platform, making, creating a moat to keep competition at bay.

NVIDIA is the top holding in our Growth Portfolio and Aggressive Growth Portfolio.

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