WS #12393
Oracle credit rating downgraded to BBB- by S&P Global due to ballooning AI infrastructure debt and negative cash flow; Nvidia briefly loses market cap lead to Apple amid AI investment skepticism; KOSPI falls despite strong semiconductor earnings as focus shifts to financing costs.
AI/Tech Sector Headwinds
Oracle credit rating downgraded to BBB- by S&P Global due to ballooning AI infrastructure debt and negative cash flow; Nvidia briefly loses market cap lead to Apple amid AI investment skepticism; KOSPI falls despite strong semiconductor earnings as focus shifts to financing costs.