Stock Market News·2025-12-02 22:08Geopolitical Tensions - US-Russia talks concluded with mixed signals regarding the Ukraine crisis, with Kremlin aide Ushakov stating that no resolution is closer despite the conversations being described as "useful, constructive and meaningful" [2][8] - Multiple Ukraine settlement options were discussed, and President Putin conveyed "several important political signals" to President Trump [3][8] Media and Technology Sector - Comcast (CMCSA) has renewed efforts to merge its NBCUniversal division with Warner Bros. Discovery (WBD) through a proposed cash-and-stock deal, aiming to create a dominant entertainment entity and enhance its Peacock streaming platform [4][8] - OpenAI CEO Sam Altman declared a "code red" to accelerate upgrades to ChatGPT, reallocating resources amid intensifying competition from tech giants like Google (GOOGL) and Anthropic [5][8] Philanthropy and Healthcare - Michael Dell, CEO of Dell Technologies (DELL), and his wife committed $6.25 billion to fund 25 million "Trump Accounts," providing $250 to children under 10 who do not qualify for the federal $1,000 contribution [6][8] - A deep congressional stalemate threatens the future of Obamacare subsidies, which could lead to insurance premiums doubling for over 20 million Americans starting January 1st [7][8] Energy Market - Latest U.S. API data indicates an increase in crude oil inventories by 2.48 million barrels and distillate stocks by 2.88 million barrels, suggesting a build in U.S. petroleum product inventories [9]