{"id":3398,"date":"2025-12-12T18:55:44","date_gmt":"2025-12-12T07:55:44","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3398"},"modified":"2025-12-23T19:25:06","modified_gmt":"2025-12-23T08:25:06","slug":"20251211en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/it\/2025\/12\/12\/20251211en\/","title":{"rendered":"Amillex Daily Market Commentary: AI Bubble Fears Reignite! Oracle Earnings Shock Drags Tech Lower, Silver Breaks Above USD 62 to Another Record High, Bitcoin Falls Below USD 90,000"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">December 12, 2025 \u2014 The Nasdaq fell 0.61% and the S&amp;P 500 slipped 0.37% yesterday. The U.S. Dollar Index edged higher while the yen remained under pressure. Spot silver surged 1% to USD 62.54\/oz, hitting a new all-time high. Bitcoin tumbled 2.3% and fell below the USD 90,000 level. Market attention is sharply divided between \u201cAI valuation correction\u201d and \u201ccommodity supply-demand imbalances.\u201d<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Key Market Moves and Fundamental Analysis<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">1. U.S. Equities: Oracle Leads Tech Declines, AI Bubble Concerns Intensify<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P 500: \u20130.37% to 6,861.30<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Dow Jones: +0.05%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Nasdaq: \u20130.61% to 23,509.22<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Stock Focus:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Oracle plunged 16% in after-hours trading, wiping out USD 102 billion in market cap in a single session.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Core Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Earnings Shock:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Oracle\u2019s FY2026 Q2 revenue and cloud sales both missed expectations;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">free cash flow came in at \u2013USD 10 billion;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">capital expenditure guidance was raised by USD 15 billion.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Debt Concerns:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Panmure Liberum warned that Oracle\u2019s AI expansion relies heavily on debt financing, raising doubts about the AI sector\u2019s overall profitability.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">2. Commodities: Silver Hits Another Record High, Copper Supported by Tight Supply<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Silver:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Spot silver rose 1% to USD 62.54\/oz, bringing year-to-date gains to over 110%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Drivers: surging solar (PV) demand, global inventories at 10-year lows, and speculative inflows amplifying price rallies.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Copper:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">LME copper rose 0.5% to USD 11,618\/ton, up more than 30% year-to-date.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Supply Risks:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Chilean mine accidents and tariff-avoidance-driven hoarding are worsening physical market tightness.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">3. FX and Bonds: Dollar Rebounds Slightly, U.S. Yields Ease<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Dollar Index: steady around 99.0, with Fed rate-cut optimism largely priced in.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Treasuries: 10-year yield fell to 4.14%, as safe-haven demand offset inflation concerns.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">JPY: USD\/JPY hovered near 156.0, cushioned by expectations of a BOJ rate hike in December.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">4. Cryptocurrencies: Bitcoin Breaks Below USD 90,000 as Institutional Outflows Grow<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin: \u20132.3% to USD 90,224<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Ethereum: \u20134.1%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Sentiment Headwind:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Standard Chartered cut its 2025 year-end Bitcoin target from USD 200,000 to USD 100,000, citing fading ETF inflows and weakening institutional demand.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">5. Crude Oil: Geopolitical Tensions Ease, Supply Glut Pressures Prices<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Brent crude: \u20130.7% to USD 61.51\/barrel<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bearish Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Oversupply: crude from Russia and Iran\u2014both under sanctions\u2014now accounts for 15% of global supply, heightening risks of offshore inventories shifting onshore.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Demand Worries: slowing global economic growth offsets the geopolitical premium from the Venezuelan tanker seizure.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Today\u2019s focus<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Germany November CPI (final, MoM)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.K. October 3-month GDP (MoM)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.K. October Manufacturing Output (MoM)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.K. October Trade Balance (goods, \u00a3bn)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.K. October Industrial Output (MoM)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">France November CPI (final, MoM)<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Canada October Wholesale Sales (MoM)<\/h2>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>December 12, 2025 \u2014 The Nasdaq fell 0.61% and the S&amp;P 500 slipped 0.37% yesterday. The U.S. Dollar Index edged higher while the yen remained under pressure. Spot silver surged 1% to USD 62.54\/oz, hitting a new all-time high. Bitcoin tumbled 2.3% and fell below the USD 90,000 level. Market attention is sharply divided between [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/comments?post=3398"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3398\/revisions"}],"predecessor-version":[{"id":3400,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/posts\/3398\/revisions\/3400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/media\/3399"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/media?parent=3398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/categories?post=3398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/it\/wp-json\/wp\/v2\/tags?post=3398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}