Amazon(US:AMZN) Sou Hu Cai Jing·2025-12-03 00:24Group 1: Federal Reserve Leadership - President Trump is likely to announce his nominee for the next Federal Reserve Chair in early 2026, as current Chair Powell's term ends in May 2026 [1] - Kevin Hassett, the Director of the National Economic Council, is considered the leading candidate for the position due to his close relationship with Trump and his previous roles in the White House [2] - Hassett has criticized the Federal Reserve's interest rate policies, claiming they exhibit partisan bias, which has been met with opposition from other policymakers [2] Group 2: Market Reactions - Following the news of Hassett being a frontrunner for the Fed Chair position, long-term interest rates declined, indicating market trust in his potential leadership [2] - The Dow Jones, Nasdaq, and S&P 500 indices all saw gains on December 2, with the Dow up 0.39%, Nasdaq up 0.59%, and S&P 500 up 0.25% [3] Group 3: Company Developments - Boeing's stock surged over 10% after the company stated that achieving a long-term cash flow target of $10 billion is feasible, and the decision on penalties from the U.S. Department of Justice is expected to be delayed until 2026 [5] - Amazon Web Services (AWS) launched its next-generation AI training chip, Trainium 3, and announced plans for Trainium 4, aiming to compete more aggressively with Nvidia and Google in the AI chip market [8] - AWS's new AI services and models were introduced, with the stock price of Amazon rising slightly by 0.23% to $234.42, giving it a market capitalization of $2.51 trillion [8][9]