Live Nasdaq Composite: Markets Attempt Gains but Lack Conviction

By Gerelyn Terzo Updated Dec 17, 11:45AM EST · Published Dec 17, 9:51AM EST

Quick Read

Elon Musk’s net worth reached $638B as Tesla stock hovers at all-time highs.
Amazon is set to invest over $10B into OpenAI at a valuation exceeding $500B.
Oracle’s Michigan AI data center faces funding issues after Blue Owl Capital withdrew financing.

Live Updates

Oracle Dampens Sentiment

Dec 17, 2025 at 11:45 AM EST

Oracle stock is dampening sentiment in the technology sector amid reports that financing for the development of its AI data center in Michigan has unraveled after Blue Owl Capital backed out. ORCL shares are tumbling by almost 5% today as the stock falls further from the $200-per-share threshold. OWL shares are down 2% on the day. Oracle has shaved 40% off its market cap over the past three months.

The Nasdaq Composite is now down 1.1% on the day.

Bullish on Apple

Dec 17, 2025 at 11:00 AM EST

Morgan Stanley analysts are bullish on Apple (Nasdaq: AAPL | AAPL Price Prediction) stock, lifting the price target by $10 to $315 per share with an “overweight” rating attached. APPL stock is up fractionally today.

Wall Street Moves

Dec 17, 2025 at 9:52 AM EST

Bernstein analysts are at it again, today reemphasizing their “outperform” ratings on both Nvidia (Nasdaq: NVDA) and Broadcom (Nasdaq; AVGO), suggesting investors add both stocks to their portfolio if they haven’t already. Despite fears of an AI bubble, both of these companies continue to keep the capex spigot turned on.

This article will be updated throughout the day, so check back often for more daily updates.

The markets are attempting gains this morning with all three of the major stock market averages seeing green out of the gate. Investors and traders have been battling some weak economic data, not least a skyrocketing unemployment rate, that has dampened sentiment in the final stretch of 2025. If they can hold onto today’s gains, not only would it break the Nasdaq Composite’s multi-day losing streak but momentum could shift in time for the year-end performance tally, which currently stands up 19.3% year-to-date.

As Tesla (Nasdaq: TSLA) stock continues to hover at fresh all-time highs, CEO Elon Musk’s net worth has now ballooned to a reported $638 billion.

After falling to its lowest level in four years amid geopolitical tensions, the benchmark Brent oil price has recovered to almost $60 per barrel.

Here’s a look at where things stand as of morning trading:

Dow Jones Industrial Average: 48,284.77 Up 167.09 (+0.35%)
Nasdaq Composite: 23,140.26 Up 40.44 (+0.17%)
S&P 500: 6,808.91 Up 7.5 (+0.10%)

Broader Market Movers

Oracle’s Michigan-based multi-billion-dollar data center for AI has reportedly hit several snags, the most recent of which involves the pulling of financing from Blue Owl Capital (NYSE: OWL). A major financial institution may step in to bridge the funding gap.

Reports also indicate that Amazon (Nasdaq: AMZN) is poised to direct over $10 billion into OpenAI at a massive valuation of more than $500 billion attached to the ChatGPT maker.

Affirm (Nasdaq: AFRM) is tacking on 2% in today’s session

Baird analysts are bullish on retailer Gap (NYSE: GPS), lifting shares to an “outperform” rating while raising the price target by $6 to $33 per share.

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About the Author Gerelyn Terzo →

Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.