Stock Market News·2025-12-02 14:07Core Insights - U.S. stock futures indicate a cautious uptick, suggesting a potential rebound after a five-session winning streak ended, with investors monitoring economic data and corporate earnings reports [1][10] Premarket Trading Activity and Futures Movements - S&P 500 futures are up approximately 0.3%, Nasdaq 100 futures have advanced around 0.4%, and Dow Jones Industrial Average futures show a gain of about 0.2% [2] - The Dow Jones Industrial Average fell 0.9%, S&P 500 down 0.5%, and Nasdaq Composite down 0.4% in the previous session [2] - Bitcoin has recovered to around $87,200 after a significant drop, positively impacting crypto-related stocks like MicroStrategy, MARA Holdings, Coinbase, Riot Platforms, and Robinhood, which are showing premarket gains of 1% to 3% [2] Notable Stock Movements - MongoDB shares surged by 24% and Credo Technology Group Holding jumped 18% after reporting quarterly results that surpassed analysts' estimates [3] - Nvidia shares advanced 1.7% on Monday and are up almost 1% further before the bell following a $2 billion investment in Synopsys [3] - Most of the "Magnificent Seven" large-cap technology firms are pointing higher, except for Apple, which is fractionally lower [3] Upcoming Market Events - The Job Openings and Labor Turnover Survey (JOLTS) data for August is scheduled for release today, while the Federal Reserve's FOMC meeting on December 9-10 is highly anticipated [4] - There is an 80% likelihood of a December rate cut, influenced by dovish statements from Fed officials [4] Earnings Reports - CrowdStrike Holdings and Marvell Technology are set to release quarterly results today, with Salesforce and Snowflake reporting Q3 results after the close [5] - Dollar Tree will issue its Q3 results pre-market on Wednesday, providing insights into consumer spending [5] Major Stock News and Developments - Nvidia's $2 billion investment in Synopsys emphasizes a focus on AI infrastructure [6] - The Walt Disney Company's shares rose 2.2% following strong box-office performance for "Zootopia 2" [6] - Coupang shares fell 5.4% due to a data breach affecting over 33 million customers [6] - Moderna shares dropped 7% after an FDA memo linked its COVID-19 vaccine to the deaths of 10 children [6] Corporate Innovations - Estée Lauder and Jo Malone launched an AI-powered Scent Advisor experience using Google Cloud's AI capabilities [7] - Sangamo Therapeutics received U.S. FDA Fast Track Designation for an investigational treatment for intractable pain [7] - Apple is reorganizing its AI ranks and hiring a Microsoft executive following the retirement of its top AI leader [7] Economic Outlook - The OECD forecasts global economic expansion to slow to 2.9% next year from 3.2% this year, with tariffs impacting growth but AI investments providing some support [9] - Eurozone inflation increased in November, making an interest rate cut by the European Central Bank less likely [9]