Stocks, Crypto Puke On Oracle Data Center Delays

The fecal matter was already starting ti strike the rotating object following Broadcom’s disappointing results last night, but the bottom just dropped out of stocks  (and crypto) as the following headline hit the Bloomberg screens:

*SOME ORACLE DATA CENTERS FOR OPENAI DELAYED TO 2028 FROM 2027

Stocks immediately puked with Nasdaq leading the charge…

Crypto was immediately hammered too – extending the ubiquitous 10amET dump…

…we’re gonna need that dovish-er Fed head asap!

Developing…