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US stocks stumble on tech exodus, Broadcom slides lower

US stocks stumble on tech exodus, Broadcom slides lower

By Yahoo Finance Video
Publication Date: 2025-12-12 19:07:00

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It’s time for Yahoo Finance’s market Minute.

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US stocks turned lower with the Nasdaq leading the way.

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The S&P 500 dropping below the 6900 level on Friday after surging in the prior two trading sessions.

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Markets now seeing a broader rotation from tech to value names.

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And Broadcom shares sliding, similar to Oracle earlier this week after delivering earnings that left Wall Street wanting more.

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The chipmaker failed to give clarity on an AI payoff and is stirring concerns about tighter profit margins.

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And lastly, Roblox getting hit with a downgrade at JP Morgan.

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The firm lowering its rating on the stock from overweight to neutral. JP Morgan noting it does not see much upside,

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adding that the company faces headwinds around user engagement and…

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