AI wobbles, eyes on US CPI, ECB and BoE [Video]
|Markets are wobbling, Amazon’s $10bn OpenAI deal is raising eyebrows, Oracle’s mystery Michigan backer keeps investors guessing and credit fears are spiking — Oracle’s down 5%, Nvidia 3.8%, and even Amazon barely budged. Could the AI party finally be deflating?
Micron happily beat expectations, proving the memory boom is alive and kicking thanks to AI demand. But it might not be enough to save the year-end rally.
Today, all eyes are on today’s US CPI, the BoE might surprise with a dovish move, and the ECB stays calm. Toss in rising Fed repo operations and a BoJ hike tomorrow, and global markets are on a real rollercoaster.
So the big question: is this just a market wobble or the start of a proper AI selloff?
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