Bitcoin Falls as AI Bubble Fears Weigh
Barrons·2025-12-12 17:16
Bitcoin was falling on concerns about lofty artificial intelligence-related stocks following results from Oracle and Broadcom.Broadcom shares dropped in after-hours trade after the chip company's sales outlook fell short of expectations and it warned of lower margins in AI revenue compared to non-AI revenue. Oracle shares dropped Thursday after the database company posted disappointing revenues and raised its spending forecast.The results reignited fears over an AI bubble, offsetting the positive impact of ...