GOOG News & Events

The White House is planning to order U.S. agencies to partner with AI firms to protect networks from AI-enabled cyber attacks, though the order would stop short of mandating government approval for cutting-edge models, Bloomberg's Maggie Eastland and Courtney Subramanian report, citing people familiar with the mater. A draft directive from President Trump would overhaul existing cybersecurity information-sharing programs to include AI companies and address threats posed by the emerging tech, the authors note. Companies in AI software include Alphabet (GOOGL), Meta (META), OpenAI, and Anthropic.

Vice President JD Vance expressed alarm on a recent call with technology CEOs over new AI models such as Anthropic's Mythos, The Wall Street Journal's Amrith Ramkumar, Brian Schwartz, and Natalie Andrews report. The White House is weighing an executive order that could create a formal oversight process for the most advanced AI models, and Washington and Beijing are weighing the launch of official discussions about the risks posed by AI ahead of next week's summit in China, the report notes. "We all need to work together on this," Vance told CEOs, including OpenAI's Sam Altman, Dario Amodei of Anthropic, Elon Musk of SpaceX, Alphabet's (GOOGL) Sundar Pichai, and Satya Nadella of Microsoft (MSFT), according to people familiar with the matter.

The major averages closed broadly lower as markets remain on edge regarding a potential U.S.-Iran framework agreement being reached.Of note, The Wall Street Journal reported that Saudi Arabia and Kuwait have lifted restrictions on the U.S. military's use of their bases and airspace. The Trump administration is now looking to restart "Project Freedom" to guide commercial ships with naval and air support, The Journal added.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:McDonald'sreported, with comps up 3.8%Armreportedand provided guidance for Q1 and FY26Whirlpoolreportedand cut its FY26 earnings outlookShellreported year-over-year increases inand commenced a $3B share buyback programSnapreportedand provided Q2 revenue guidance2. WALL STREET CALLS:AreteOracleto Buy amid supply constraintsPlanet Fitnessto Market Perform at William BlairAlcoato Overweight at Wells FargoClear Secureto Neutral at DA DavidsonJPMorganFreshpet, sees sales growth outpacing peers3. AROUND THE WEB:An AI chip deal between OpenAI and Broadcomhas hit a "financing snag," The Information reportsMarineMaxis pushing forward with sale plans as Donerail raises its bid, Reuters reportsNetflixis near a deal with the NFL that appears likely to include the week one game in Australia, a game the day before Thanksgiving, and the Christmas games, Puck News reportsGoogleis in talks with Blackstoneand KKRfor AI model access, The Information reportsMorgan Stanleyis rolling out crypto trading on its E*Trade platform, Bloomberg reports4. MOVERS:Datadogjumps after providing areport for Q1Fortinetrises as multiple analystson the stock following quarterly resultsShake Shackdrops afterand naming Michelle Hook CFOZoetislower after reportingCoherentfalls after5. EARNINGS/GUIDANCE:TripAdvisorreportedBecton Dickinsonprovided areport for Q2PelotonreportedPlanet Fitnesscut itsUS FoodsreportedINDEXES:The Dow fell 313.62, or 0.63%, to 49,596.97, the Nasdaq lost 32.75, or 0.13%, to 25,806.20, and the S&P 500 declined 28.01, or 0.38%, to 7,337.11.