Mei Ri Jing Ji Xin Wen·2025-12-03 10:19Group 1: Market Movements - Dow futures rose by 0.17%, S&P 500 futures increased by 0.12%, and Nasdaq futures gained 0.07% [1] - Cryptocurrency-related stocks showed strength, with Bitfarms up nearly 4%, Coinbase rising about 2.4%, and Strategy and MARA Holdings increasing over 2% [1] - Popular Chinese concept stocks mostly declined, with Bilibili down over 2%, Xpeng Motors falling nearly 1.5%, JD.com and NIO down over 1%, Pinduoduo down nearly 1%, and iQIYI down 0.5% [1] Group 2: Company Developments - Marvell, a chip design company, saw a pre-market increase of nearly 10% after announcing a $3.25 billion acquisition of semiconductor startup Celestial AI, with Q4 revenue expected to exceed Wall Street estimates [1] - Microchip Technology, a semiconductor manufacturer, rose over 3% in pre-market trading after raising its Q3 net sales and earnings per share forecasts due to strong booking performance [1] Group 3: AI and Technology Advancements - HSBC raised the target price for Google’s parent company Alphabet from $335 to $370, citing the success of the Gemini 3 series large language model in mitigating potential AI disruption risks to its search business [2] - Amazon's AI startup Anthropic announced its first acquisition of the development tools startup Bun, with financial terms undisclosed [2] - Amazon Web Services launched its latest AI chip, Trainium 3, which aims to provide cost-effective and efficient computing power for AI models, competing with Nvidia's leading GPUs [2] Group 4: Energy Sector Developments - Google and Chevron-backed TAE Technologies are advancing the commercialization of neutral beam technology through a joint venture with the UK Atomic Energy Authority, with UKAEA planning to invest £5.6 million in the project [3]