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Investors are cautiously awaiting the Federal Reserve's interest rate decision this week, leading to slight fluctuations in U.S. stock index futures. The Dow futures are down 0.01%, while the Nasdaq futures are up 0.15%, and the S&P 500 futures are up 0.04%.
Star tech stocks showed mixed results in pre-market trading. Notably, Broadcom (AVGO) and Micron Technology (MU) rose over 2%, while Netflix (NFLX) gained nearly 1%. In contrast, Tesla (TSLA) fell over 1%.
Most popular Chinese stocks saw gains, with Baidu (BIDU) up nearly 3% and Hesai (HSAI) up close to 2%. Cryptocurrency-related stocks also performed well, with Bitmine Immersion Technologies (BMNR) rising nearly 4% and Coinbase (COIN) up over 2%.
Dan Ives from Wedbush Securities raised Apple's (AAPL) target price to $350, suggesting a potential 26% increase, driven by strong iPhone 17 sales and advancements in AI.
Former President Trump expressed antitrust concerns regarding Netflix's (NFLX) acquisition of Warner Bros Discovery (WBD), indicating that the deal, valued at $72 billion, may face significant regulatory scrutiny.
Robinhood (HOOD) shares rose over 2% as the company announced its acquisition of Indonesian brokerage Buana Capital Sekuritas, marking its entry into Southeast Asia's cryptocurrency market.
IBM (IBM) is reportedly in advanced talks to acquire Confluent (CFLT) for approximately $11 billion, with shares of Confluent rising over 31% in pre-market trading.
Carvana (CVNA) and CRH (CRH) saw significant pre-market gains of over 9% and 6.5%, respectively, after being added to the S&P 500 index, effective December 22, 2025.
The Federal Reserve's final meeting of 2025 is set for December 11, with expectations of a "hawkish rate cut." Analysts predict a 95% probability of a rate cut, while discussions also focus on whether the Fed will restart its balance sheet expansion.
The U.S. Supreme Court is debating a case that could affect the independence of the Federal Reserve, particularly regarding the dismissal of board members.
UBS reports no signs of cooling in the global data center equipment market, projecting a 20-25% growth rate by 2026, driven by strong demand for AI technologies.
Nomura Securities forecasts a "triple super cycle" in the global storage market, with demand for DRAM, NAND, and HBM expected to surge by 2026, potentially doubling the market size.
