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Markets closed higher into Thanksgiving as S&P 500 and Nasdaq led gains while the Dow lagged modestly. Tech and AI names drove the rally amid growing Fed‑cut hopes and falling Treasury yields; volatility eased but liquidity concerns persist. Bitcoin reclaimed near‑term support, squeezing some crypto shorts and underpinning risk appetite.
A brazen shooting near the White House left National Guard members critically wounded and prompted an immediate security response. Officials are relying on surveillance footage as investigators assess motive and whether the attack was lone or coordinated.
11.7% – Share of U.S. jobs MIT study says AI could already replace.
A multi‑building high‑rise blaze in Hong Kong has produced a mounting death toll and mass evacuations. Fire crews continue rescue operations amid questions over building safety and emergency response.
U.S. mediators and Moscow discuss a new peace framework even as leaked calls complicate diplomacy. Negotiators race to secure terms while allies weigh guarantees and political risks.
Symbotic Tops Leaders After Blockbuster Results
Warehouse automation firm Symbotic surged after stronger‑than‑expected results and raised guidance, signaling resilient demand for robotics in logistics ahead of holiday season.
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Nvidia faces renewed skepticism from big short sellers even as bulls defend its AI leadership. The company is actively pushing back in analyst memos as the stock weathers volatility.
Hardware makers warn memory supply will tighten as AI infrastructure demand surges. Customers from servers to PCs may face component shortages and rising costs next year.
Sanofi Shares Slide After Paris Raid, Tax‑Fraud Probe
French drugmaker Sanofi tumbled after authorities raided headquarters in a tax‑fraud investigation, spooking investors and raising questions about near‑term regulatory costs.
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Markets are pricing a higher chance of Federal Reserve easing, pushing traders to reposition for December. The debate over timing of cuts is driving volatility across rates and equities.
U.S. equities rallied into the holiday break, led by tech, as investors bet on easing policy and an AI recovery. Gains lifted major indices for a multi‑day streak but did not erase earlier monthly losses.
White House seeks expanded domestic drone‑takedown powers for major events; EPA issues new rule giving oil and gas firms more time to fix methane leaks; UK budget raises taxes to reassure bond markets.
OpenAI’s funding gap and product bets are under scrutiny as investors question the path to profitability. Meanwhile the company is reportedly developing consumer hardware with high expectations.
Stablecoin oversight and reserve questions are rattling crypto markets as rating agencies flag risks. Regulators and investors are watching liquidity and disclosure gaps in major tokens.
The ‘animal’ that shot our guardsmen will pay a steep price — we will not tolerate this.
— President Donald Trump
The advertising industry has consolidated with Omnicom’s takeover of IPG, reshaping agency scale and billing power. Executives say the deal creates a dominant global marketing platform.
New footage and reports continue to surface in the investigation of a fatal UPS MD‑11 crash. Regulators and carriers are examining aging fleets and safety oversight as grounding looms.
Hong Kong markets show signs of life even as property strains persist after recent shocks. Retail inflows and stock moves reflect investor hopes for stabilization next year.
Printers to PCs: HP’s cost cuts and Dell’s earnings highlight divergent paths in legacy tech. Firms are trimming costs and resetting expectations as AI investments reshape budgets.
Retail brokerage Robinhood leans on aggressive traders and new prediction markets to extend growth. Executives are betting product expansion will diversify revenue beyond retail trading.
Japan’s central bank debate shifts toward gradual tightening cues while BofA raises growth forecasts. Policymakers and banks parse the path for interest rates amid a fragile recovery.
Lawmakers have summoned AI leaders over alleged China‑backed cyberattacks and use of models in espionage. Congress seeks public testimony to probe vulnerabilities and national security risks.
Taiwan is dramatically boosting defense spending amid rising tensions with Beijing while U.S. diplomacy presses allies on messaging. The moves could reshape regional defense procurement and alliances.
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