Tech Concerns Drag Stocks Lower

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1 • 671 Ratings

🗓️ 17 December 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Plus: Medline debuted with the largest IPO in four years. And Warner Bros. Discovery slides after it rejects Paramount’s hostile bid. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Nearly home.
0:02.2	Isn't home where we all want to be?
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0:23.5	real with realtor.com. Pros number one most trusted app based on August 2025 proprietary survey.
0:33.5	Here's your closing bell brief for Wednesday, December 17th. I'm Catherine Sullivan for the Wall Street Journal.
0:40.3	U.S. stocks fell today as a retreat in technology shares dragged the major indexes into the red.
0:46.3	Investors pulled back from the sector amid intensifying concerns over the high valuations
0:51.3	in massive spending associated with artificial intelligence.
0:55.0	The NASDAQ led the decline with a 1.8% drop, while the S&P 500 fell 1.2%.
1:01.2	The Dow also finished lower by about a half a percent.
1:05.5	Among individual companies, Medline shares searched 41% in their trading debut.
1:10.5	The medical supplies distributor raised more
1:12.9	than $6 billion in the largest U.S. initial public offering since 2021.
1:18.8	Hut 8 stock jumped 9% today. The movement followed news that the former crypto mining company
1:24.5	is partnering with Fluid Stack to build a massive artificial intelligence
1:28.5	data center for Anthropic, backed by a $7 billion lease.
1:33.8	Oracle shares dropped 5% during the session. The decline comes amid a media report that
1:39.2	funding talks have stalled on a $10 billion data center the company was planning to build
1:44.1	in Michigan.
	...

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