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🚀 Google just shook the AI market.
After unveiling Gemini 3, Alphabet (GOOGL) spiked 6%, hitting a new ATH at $317.75 and extending its +70% YTD surge.
With Gemini 3 integrating instantly into Search, Cloud & Workspace — and Google Cloud revenue jumping 34% — investors are now questioning NVIDIA’s long-standing dominance in AI compute.
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📉 Fed Rate Cut Bets Surge Again
NY Fed’s John Williams signaled there’s still room for rate adjustments “in the near term” as the labor market cools and inflation eases.
Markets reacted fast — Dec 9–10 FOMC 25bps cut odds jumped from 35% to ~70% after his remarks.
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🚀 NVIDIA smashes expectations again!
FY26 Q3 revenue hit $57B (+62% YoY), with data center at a record $51.2B as AI demand explodes.
Blackwell chips are “sold out”, and Q4 outlook surges to $65B revenue guidance.
AI infrastructure is nowhere near slowing down. 📈
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🚨 WTI Crude oil prices are hovering around $60/barrel, pulled in two directions:
🔻 Concerns over global demand weakness (pressuring prices)
🔺 Tightening Western sanctions on Russian oil exports (raising supply concerns)
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🇺🇸 After the historic government shutdown, key U.S. data is finally coming back.
The Bureau of Labor Statistics confirmed that the delayed September Nonfarm Payrolls report will be released on Nov 20, 8:30 AM ET, followed by Real Earnings on Nov 21.
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📉 Bitcoin erased part of its 2025 gains in the past 24 hours, briefly dropping below the annual open (~$93,507) with a low of ~$93,029.
⚠️ More than 270,000 traders were liquidated amid the sharp volatility.
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📉 Multiple Fed officials have cooled market hopes for a December rate cut.
Minneapolis Fed’s Neel Kashkari signaled no clear tilt toward easing, while others stressed policy must stay restrictive until inflation is firmly under control.
CME “FedWatch” now shows December cut odds near ~51%.
For global traders, it’s a reminder: policy risk remains high.
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