Market Pulse
What moved US markets today, why it matters, and what to watch next.
The incoming Democratic majority could use the borrowing limit to seek concessions from President Donald Trump. Wall Street estimates put the deadline for meeting all federal obligations in late 2027.
Blackstone’s Jon Gray warns that the vast capital needs of AI infrastructure could outstrip lenders’ capacity, raising calls for greater equity involvement.
South Korea will sharply increase 2027 spending on AI and chip industries, targeting a sovereign AI model and aiming for nearly $1 trillion in exports.
Tech shares lead US futures lower ahead of Amazon earnings and key PCE inflation data, following three consecutive days of gains for major indexes.
Microsoft shares rose on strong cloud results, while Alphabet's earnings miss and slow ad growth drove sharp declines across software stocks amid new concerns about AI disruption.
The tape
Ford shares gained 2% in October, driven by Q3 results, while GM outperformed with a 14% surge. Cash flow, valuation, and earnings forecasts shape the outlook for both automakers.
Crowded AI trades are losing steam as attention shifts to overlooked S&P 500 names, including Motorola Solutions, Gen Digital, and CDW, which are surfacing in the recent investor rotation.
Binance says it has replenished almost all user funds after a historic $6.3 billion crypto hack and plans to resume withdrawals soon.
A class action lawsuit targets Netcapital Inc., alleging false statements and undisclosed related-party transactions. Investors have until December 7, 2026, to seek lead plaintiff status.
O-I Glass faces a class action lawsuit alleging misleading statements about cost savings, operational disruptions, and ongoing pressures in its European operations.
