Markets traded on a knife edge after the Fed’s quarter-point cut: the Dow and S&P rallied to records while the Nasdaq lagged under AI jitters. Oracle’s earnings shock sent chip and software names lower, bond yields fell as the Fed stepped up bill purchases, and banks and cyclicals led the rotation. Crypto remained volatile amid risk-off flows.
Oracle’s earnings and guidance jolted markets, sparking a sell-off across AI and chip names. The cluster captures investor fears about costly AI infrastructure spending and its ripple effects on tech valuations.
28% – Broadcom’s year-over-year Q4 revenue surge to $18 billion.
The Federal Reserve cut rates again but signaled caution, while stepping up short-term asset purchases. Markets are pricing the policy pivot even as Fed messaging remains divided on the path ahead.
Disney struck a major $1 billion equity deal with OpenAI and cleared licensing for iconic characters on Sora. The pact reshapes media-AI ties and raises questions about IP, monetization and creative control.
Coca-Cola names Henrique Braun as next CEO
Coca‑Cola promoted long-time executive Henrique Braun to CEO, a steady succession that the market views as continuity for global expansion and beverage innovation.
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OpenAI rolled out GPT-5.2 amid an intensifying product race with Google and Anthropic. The update aims to end a recent ‘code red’ while fueling fresh competition and regulatory scrutiny.
Broadcom posted a blowout quarter as AI chip demand lifted revenue and margins. The results underscored the ongoing corporate rush to secure AI infrastructure and shaped guidance expectations for data-center spend.
Robinhood slides 8% as November volumes collapse
Robinhood shares plunged after a sharp fall in November trading volumes, spotlighting the company’s revenue vulnerability to crypto and retail volatility.
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Rivian unveiled a homegrown AI chip and autonomy roadmap as it pushes into robotaxi ambitions. Investors punished the news, reflecting skepticism about execution and the cost of building custom silicon.
Costco beat quarterly estimates as shoppers sought value, but management declined to give a full-year outlook. The results highlight resilient consumer demand for discount formats amid inflation uncertainty.
CFTC withdraws 2020 ‘actual delivery’ crypto guidance while the Fed launches reserve management purchases; EU tightens foreign investment screening and regulators probe subsidy-linked deals.
Major US indices hit record territory even as tech and AI names lagged on mixed signals. The cluster captures the market’s divide: cyclical and financial stocks powering gains while AI jitters weigh on growth names.
U.S. forces seized an oil tanker off Venezuela, escalating tensions with Caracas and raising geopolitical risk to energy markets. Washington signalled more maritime actions could follow as pressure on Maduro intensifies.
“We’d rather participate than be disrupted by it.”
— Bob Iger
The U.S. widened sanctions tied to the Maduro regime, targeting relatives and shipping firms. The moves are part of a broader campaign to choke revenue streams and raise costs for state-linked actors.
The Senate rejected proposals to extend Affordable Care Act premium tax credits, leaving millions exposed to higher costs next year. The votes underscore deep partisan gridlock and an impending coverage cliff for consumers.
Cryptocurrency prices swung after the Fed cut, with bitcoin bouncing then slipping as risk appetite wavered. The cluster reflects crypto’s sensitivity to macro shifts and AI-driven market sentiment.
Palantir expanded legal action against ex-employees and a rival startup, alleging systematic poaching and theft of trade secrets. The suit highlights the fierce talent battle in defense-linked AI and the legal risks of startup poaching.
JPMorgan arranged a commercial paper issuance on Solana, marking an early TradFi onchain debt milestone. The dual moves to tokenize short-term paper and launch a USCP token point to accelerating institutional crypto experiments.
Eli Lilly reported striking weight-loss results from a next-gen obesity drug, fueling hopes of a blockbuster new therapy. The data sent biotech investors re-pricing winners and rivals across the obesity space.
Time magazine named the ‘Architects of AI’ person of the year, recognizing the individuals shaping the technology’s rapid rise. The choice spotlights both the economic upside and political dilemmas that come with AI dominance.
Treasury Secretary Scott Bessent moved to reshape financial oversight toward growth and lighter regulation. Markets cheered the deregulatory tilt even as critics warned it could undercut safeguards built after past crises.
The EU moved to tighten foreign investment screening and launched probes into subsidy-linked activity, signaling tougher scrutiny of strategic deals. Regulators also executed raids on Temu’s Dublin HQ under the new regime.