Stock Movers Oracle Slips, Broadcom Plunges, Lulu Jumps on CEO Change
Dec 12, 2025
Oracle faces delays on its OpenAI data centers, pushing completion to 2028, raising concerns among investors. Meanwhile, Broadcom's stock takes a hit as its $73 billion AI backlog fails to meet expectations, despite claiming it's a minimum figure. In a contrasting move, Lululemon's shares surge 14% following the news of its CEO stepping down, hinting at a strategic shift after a significant decline in sales. Tune in for insights into these market shifts and more!
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Oracle Data Center Delays Shake Confidence
- Oracle delayed some OpenAI data centers from 2027 to 2028, raising execution doubts among investors.
- Rising capex and jittery CDS activity show markets worry about Oracle's heavy AI spending and delivery risk.
Broadcom's Backlog Sparks Skepticism
- Broadcom reported a $73 billion AI backlog but failed to meet bullish revenue timing expectations, spooking investors.
- The CEO called the figure a "minimum," yet lack of a 2026 AI revenue forecast drove a sharp intraday sell-off.
CEO Exit Fuels Lululemon Rally
- Lululemon shares jumped after a CEO exit and an improved outlook, suggesting investors expect strategic change.
- The brand faces intense competition and has fallen roughly 50% before the rally, so leadership shift signals a reset.