Xin Lang Cai Jing·2025-12-12 21:38Group 1 - President Trump prefers former Fed Governor Waller or NEC Director Hassett to lead the Federal Reserve next year, emphasizing the need for consultation on interest rate decisions [4][20] - Trump believes that the next Fed chair should consider his opinions, stating that he is a "smart voice" that should be heard [4][20] Group 2 - Federal Reserve officials are debating whether a rate cut could jeopardize the central bank's anti-inflation credibility, with some arguing for continued cuts if the labor market weakens, while others warn against potential risks to inflation achievements [7][22] - The Fed recently voted to lower the benchmark interest rate by 0.25 percentage points to a range of 3.5%-3.75%, with a notable dissent from three members, marking the first time since 2019 that three decision-makers formally opposed a rate cut [7][23] Group 3 - Oracle has delayed the completion of some data centers for OpenAI from 2027 to 2028, primarily due to labor and material shortages, resulting in a 4.5% drop in Oracle's stock price [9][25] Group 4 - Broadcom's stock fell 11% after disappointing sales outlooks for the AI market, marking the largest drop in ten months, as CEO Tan expressed concerns about meeting investor expectations [11][28] Group 5 - President Trump is expected to instruct his administration to reclassify marijuana as a lower-risk substance, which could represent a significant shift in U.S. marijuana policy, leading to a rise in cannabis stocks [13][30] - A White House official indicated that no final decision has been made regarding the reclassification of marijuana [14][32] Group 6 - Philadelphia Fed President Harker expressed concerns that risks in the labor market outweigh inflation risks, predicting a potential cooling of inflation next year [16][33] - Harker noted that the labor market is "bending but not breaking," with hiring concentrated in healthcare and social services, indicating broader hiring remains weak [16][34]