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Microsoft-Backed OpenAI Considers Advertising to Boost Revenue, FT Reports
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
Meta Platforms, Inc. (META) Among Wells Fargo's Top Tech Stocks to Beat the S&P
Meta Platforms Options Spot-On: On December 2nd, 413.92K Contracts Were Traded, With 2.22 Million Open Interest
S&P 500 and Nasdaq Hit Closing and Trading Highs Monday | Wall Street Today
Avangrid and Portland General Electric Collaborate With QTS and Meta to Build 120 MWac Solar Project in Oregon