Nasdaq Jumps Higher To Start December

Written By Timmy Adami

December 2, 2024

MRKT Matrix - Monday, December 2nd

  • S&P 500, Nasdaq close at records to kick off December trading (CNBC)

  • US Tightens Curbs on China’s Access to AI Memory and Chips Tools (Bloomberg)

  • Intel CEO Gelsinger Leaves as Chipmaker’s Turnaround Flounders (Bloomberg)

  • The Fed’s Next Big Policy Rethink Needs Rethinking (Bloomberg)

  • Fundstrat’s Tom Lee says bitcoin can hit ‘well above’ $100,000 before year-end (CNBC)

  • Bitcoin Euphoria Threatens to Break These ETFs (WSJ)

  • Amazon Web Services CEO Promises ‘Needle-Moving’ AI Updates (WSJ)

  • OpenAI explores advertising as it steps up revenue drive (FT)

  • OpenAI targets 1bn users in next phase of growth (FT)

  • Inside Elon Musk’s Quest to Beat OpenAI at Its Own Game (WSJ)

  • Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales (CNBC)

Timmy Adami
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