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Markets rallied around AI deal news as the S&P 500 and Nasdaq rose, led by big tech gains, while the Dow lagged. Investors rotated into AI infrastructure and cloud suppliers, boosting AWS‑linked names and select data‑center plays; volatility ticked up as traders balanced Fed messaging and geopolitical risks.
OpenAI signs a landmark multi-year cloud contract with Amazon, locking in vast compute and Nvidia GPUs. The deal reverberates through markets and rivals, reshaping AI infrastructure demand and cloud competition.
38bn – Size of OpenAI’s multi‑year cloud computing deal with Amazon.
Microsoft secures multi-billion-dollar capacity deals and moves high-end Nvidia chips abroad after U.S. approvals. The agreements expand cloud capacity and test U.S. export policy boundaries for advanced AI semiconductors.
Facing court orders and political pressure, the Trump administration agrees to partial SNAP funding while outlining a lengthy rollout. The move eases acute hunger risks but leaves millions exposed to continued uncertainty.
Microsoft Pledges $15.2bn to UAE AI Buildout — Big Jobs, Data‑Centre Bet
Microsoft commits $15.2bn to UAE data centres and cloud expansion, accelerating regional AI infrastructure and drawing major private investment into Gulf tech hubs.
More on techcrunch.com
The prolonged government shutdown is straining holiday travel — industry groups warn of Thanksgiving chaos as air traffic disruptions mount. Passengers face mounting delays as staffing and operational gaps widen.
The Supreme Court readies a pivotal hearing on presidential tariff powers as businesses and states brace for the outcome. The case could redraw the limits of executive trade authority and global supply chains.
Sarepta Crashes After Confirmatory Failures — Shares Collapse
Sarepta plunged after two muscular‑dystrophy drugs failed late‑stage tests, wiping out anticipated revenue streams and triggering investor sell‑offs.
More on investors.com
Kimberly‑Clark moves to buy Kenvue in a blockbuster consumer-health tie-up while Tylenol’s reputation faces political and legal fire. The deal aims to consolidate household brands even as trust issues linger.
Palantir posts another strong quarter, raising guidance as commercial and government AI deals climb. The surge fuels investor debate over valuation even as revenue records beat expectations.
Administration to tap contingency funds for partial SNAP payments; Commerce greenlights select Nvidia chip shipments abroad; regulators move to shore up rare‑earth supply chains with new funding and procurement directives.
Starbucks inks a joint venture to hand control of its China business to Boyu Capital, reshaping its biggest growth market. Investors react to the strategic pivot as management bets on local partnership to revive returns.
Amazon’s OpenAI tie-up ripples across markets — AWS-linked partners and data‑center plays surge. Crypto miner and data-center names rally on announced AWS and cloud leases tied to AI demand.
You should assume they’re here to stay.
— Scott Bessent, U.S. Treasury official
OPEC+ tweaks output plans, pausing production hikes for Q1 and rattling oil markets. The subtle pivot aims to prevent a supply glut while markets weigh demand prospects into 2026.
A major DeFi protocol appears exploited in a high‑value heist, prompting cascading responses across decentralized networks. Several projects halted or forked as teams scramble to stem losses and reclaim assets.
A deadly listeria outbreak tied to prepared pasta prompts nationwide recalls and public‑health alerts. Authorities trace multiple deaths and hospitalizations to contaminated grocery‑shelf meals as investigations intensify.
Tariff collections surge even as the legality of presidential tariff authority heads to the Supreme Court. Treasury and trade teams are thrust into the spotlight as revenue and policy collide.
The dollar rallies as traders scale back bets on near‑term Fed cuts while gold steadies amid rate‑outlook jitters. Markets parse Fed remarks and data for clues on the timing and size of future easing.
Japan’s record overseas borrowing reshapes global credit flows while Asian inflation data influence central‑bank calls. The moves underline shifting funding patterns and policy calibration across the region.
EV and mobility IPO activity keeps momentum — autonomous and mobility listings attract investor interest with mixed valuations. Startup listings and SPACs aim to capitalize on renewed capital markets appetite.
Washington funnels funding and procurement into rare‑earth magnet projects to curb foreign dependence. The administration and private startups lock deals to onshore critical supply chains for defense and tech.
Veterinary diagnostics leader Idexx posts a strong quarter, beating estimates and lifting guidance as demand climbs. The results underscore sector resilience in specialty diagnostics and animal health.
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