Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 02.12.2025


LIVEMarkets rolling coverageStarted: Updated:

ETHY.U:CA – AI-Generated Signals and Trading Plan for Purpose Ether Yield ETF (Dec 1, 2025)

December 2, 2025, 1:18 AM EST. Updated AI-generated signals for the Purpose Ether Yield ETF (ETHY.U:CA) are shown with two trading plans. A Long setup: buy near 2.49, target 3.36, stop loss 2.48. A Short setup: sell near 3.36, target 2.49, stop loss 3.38. The update notes AI-generated ratings for December 1, with categories for Near, Mid, and Long terms and a spectrum of Weak/Neutral/Strong signals. Timestamp: December 1, 2025, 08:16 PM ET. Data credited to contributors Barry C. and editor Derek Curry; readers are encouraged to check the AI-generated signals page for ETHY.U:CA for the latest guidance.

PPG Stock Prediction: Analysts See About 20% Upside to $120 by 2027

December 2, 2025, 1:16 AM EST. PPG Industries (NYSE: PPG) faces a softer industrial backdrop but remains supported by steady margins and a diversified product mix. Analysts expect modest upside to about $119-$120 by 2027, implying roughly 20% upside from around $100 today. The distribution of targets is tight: high around $131, low near $109, median near $119, with a mix of 9 Buys, 2 Outperforms, and 13 Holds. Growth outlook is subdued: revenue growth around 1.5% annually through 2027, long-run operating margins near 15.4%, and a forward P/E ~13x. Using TIKR's valuation model, the projected path to $120 supports about 9% annualized returns. Catalysts include pricing actions, efficiency initiatives, and continued strength in aerospace/automotive coatings to offset weaker construction demand. PPG is a steady, not rapid-growth, compounder.

Eastern Bankshares Valuation Update: Fair Value $21.75 and Risks Ahead

December 2, 2025, 1:14 AM EST. Eastern Bankshares (EBC) has resumed a gradual uptrend as fundamentals improve and the Cambridge Trust merger expands scale. The stock trades at 90.7x trailing earnings, well above the US Banks avg (11.4x) and its peer group, underscoring a stretched valuation even as a fair-value case around $21.75 (undervalued) takes shape. The mix of solid YTD gains (+12%), five-year TSR (+37%), and expansion in Greater Boston and neighboring markets supports upside if revenue and margins materialize. However, investors should weigh higher reserves for commercial real estate loans and near-term earnings volatility from the merger. The narrative suggests potential upside if forward margins and revenue grow as expected, but the price already reflects lofty sentiment. Key risks loom from loan quality, integration, and interest-rate sensitivity.

Why New Fortress Energy Stock Jumped 7.4% on Puerto Rico Deal Approval

December 2, 2025, 1:12 AM EST. New Fortress Energy (NFE) shares jumped about 7.4% after Puerto Rico regulators granted a conditional approval for a nearly $4 billion LNG contract. The FOMB said terms include finalizing a tolling agreement, a condition the company must meet to advance the deal. The relief could help curb the firm's mounting debt and avert potential bankruptcy, but risks remain: NFE is heavily shorted, attracting retail investors betting on a short squeeze. Without the contract, creditors would dominate any restructuring. Even with the approval, execution and ongoing balance-sheet improvements will determine whether the stock can sustain gains.

Accenture (ACN) Rises as Markets Dip; EPS $3.74, Revenue $18.56B Expected

December 2, 2025, 1:10 AM EST. Accenture (ACN) closed at $257.43, up 2.97% as broad markets slipped (S&P 500 -0.53%, Dow -0.9%, Nasdaq -0.38%). The stock has edged down 0.04% over the past month, better than the Computer and Technology sector (-1.66%) and the S&P 500 (-0.5%). Ahead of its upcoming report, analysts forecast EPS of $3.74, up about 4.18% YoY, and revenue of $18.56 billion, roughly +4.93% year over year. For the full year, consensus calls for EPS of $13.77 and revenue of $73.8 billion, up about +6.5% and +5.92%, respectively. The stock carries a Forward P/E of 18.15 (vs. industry 16.38) and a PEG of 2.37 (industry 1.82). Zacks assigns Rank #3 (Hold); revisions to estimates have slightly moved (-0.08% in the past month). Investors will watch results for near-term guidance.

Intuitive Surgical Slips as Market Dips; Earnings Preview for ISRG

December 2, 2025, 1:08 AM EST. Intuitive Surgical (ISRG) closed at $567.37, down 1.07% as the S&P 500 fell 0.53%. The Dow dropped 0.9% and Nasdaq slipped 0.38%. In the last month ISRG rose 7.34%, lagging the Medical sector's 7.75% but ahead of the S&P 500's 0.5% decline. Investors await the upcoming earnings with an expected EPS of $2.25 and revenue of $2.72 billion. For the full year, estimates point to $8.61 per share and $9.92 billion in revenue. Valuation remains rich, with a forward P/E of 66.62 and a PEG of 4.24, versus industry averages of 25.99 and 2.34. Zacks rates ISRG #1 (Strong Buy), though recent estimate revisions have been modest.

AeroVironment (AVAV) Slides as Earnings Preview Highlights High Forward P/E and a Weak Zacks Rank

December 2, 2025, 1:06 AM EST. AVAV ended the session at $260.07, down -2.83%, lagging the S&P 500's 1.6% drop as the Dow fell 1.23% and the Nasdaq slid 2.24%. Over the last month, AVAV has gained 8.7%, topping the Aerospace sector's 3.87% rise and the S&P 500's 2.25% gain. Investors will be watching the upcoming earnings release, with consensus calls for EPS of $0.34 (down 61.8% year over year) and revenue of $453.5 million (up 139.34%). Zacks projects full-year EPS of $3.23 and revenue of $2.0 billion, implying -1.52% and +144.32% year over year. Note the Forward P/E of 82.82 versus the industry average of 38.43, and the stock's current Zacks Rank of #5 (Strong Sell).

RH Advances While Market Declines: Key Takeaways Ahead of Earnings

December 2, 2025, 1:04 AM EST. RH closed at $160.68, up +1.96% while the market slid: S&P 500 off -0.53%, Dow-0.90%, Nasdaq-0.38%. In the last month RH is down -8.64%; the Consumer Staples sector gained 0.75% as the broader market posted a daily decline. Ahead of the next earnings release, RH is expected to report EPS of $2.13 (a -14.11% YoY change) and revenue of $882.95M (up 8.77%). For the year, consensus calls for $9.08 per share and $3.5B in revenue, up +68.46% and +10% respectively. The stock carries a Zacks Rank #4 (Sell), a Forward P/E of 17.35 vs. industry 19.68, and a PEG of 0.68; the Industry Rank sits in the bottom tier.

Vestis (VSTS) Q4 Earnings Meet Estimates; Zacks Rank Holds at #3

December 2, 2025, 1:02 AM EST. Vestis (VSTS) reported Q4 earnings of $0.03 per share, in line with the Zacks Consensus, down from $0.11 a year ago. Revenue reached $712.01 million, beating the consensus by about 1.22%, though four-quarter results show just one beat. The stock has dropped roughly 57.5% year-to-date while the broader market rose. Ahead of the call, the current quarter's EPS guide is $0.03 on $681.66 million revenue and the full-year view is $0.16 on $2.72 billion. Vestis carries a Zacks Rank #3 (Hold). Investors will look for commentary on earnings revisions and the industry backdrop, with the Uniform and Related group currently in the bottom tier of the Zacks industries.

Tuesday's big stock stories: What's likely to move the market in the next trading session

December 2, 2025, 1:00 AM EST. Tuesday's session will hinge on earnings and rent data. Signet Jewelers reports before the bell; the stock is up about 8.5% since its last report and about 13% from its Oct. high. CrowdStrike reports after the bell on Closing Bell Overtime, with shares up about 19% in the last quarter. Okta also releases after hours; the stock is down 13% since its last print and 37% from the May high. Oracle has slid about 42% from Sept. highs, with a 1-month drop around 23%. On the rent front, data from Realty Income (5.63%), Essex Property (3.95%), American Homes 4 Rent (3.76%), AvalonBay (3.90%), and UDR (4.77%) will guide real estate chatter.

Credo Technology Group (CRDO) Q2 Earnings Beat; Revenue Tops Estimates

December 2, 2025, 12:54 AM EST. Credo Technology Group Holding Ltd. (CRDO) reported Q2 earnings of $0.67 per share, beating the Zacks consensus of $0.49. The result marks a +36.73% surprise versus the prior year's $0.07. On the top line, revenue reached $268.03 million, topping the consensus by 13.95% and up from $72.03 million a year ago. Year-to-date, the stock has surged about 164.3%, outperforming the S&P 500. Management commentary on the earnings call will be closely watched for guidance, though the current quarter is seen at roughly $0.51 in EPS on $248.11 million in revenue and the full year around $2.04 on $967.88 million. The firm carries a Zacks Rank #3 (Hold) heading into next quarters.

MongoDB Q3 Earnings Beat Estimates as Revenue Rises; YTD Gains Persist

December 2, 2025, 12:52 AM EST. MongoDB (MDB) delivered a Q3 report with EPS of $1.32, beating the Zacks Consensus of $0.79 by a 67.1% surprise, up from $1.16 a year ago. Revenue came in at $628.31 million, topping estimates by 6.27% and versus $529.38 million a year earlier. The company has now topped consensus EPS four straight quarters. With a YTD gain of 42.8% against the S&P 500's 16.5%, the stock remains a focal point as investors await management commentary on the earnings call. The current view for the coming quarter calls for EPS of $0.91 on $622.14 million in revenues, and for the fiscal year, $3.70 on $2.35 billion. Zacks assigns a Rank #2 Buy to MDB as estimate revisions were favorable ahead of the print.

Stock futures little changed after major U.S. indices snap five-day win streaks: Live updates

December 2, 2025, 12:50 AM EST. Stock futures were relatively flat Monday night as December opened with a weak start. Dow futures, along with S&P and Nasdaq-100 contracts, hovered near unchanged after U.S. indexes ended a five-session rally. Traders cited risk-off sentiment, elevated valuations and questions about AI-driven spending as headwinds. Bitcoin tumbled about 6%, and crypto names like Coinbase and Robinhood fell more than 4%. Alphabet trimmed gains while Palantir and Broadcom also slipped; gold and Treasuries yields rose. Investors await a potential Fed rate cut at the December 10 meeting, with odds around 87% per CME. December has historical strength, helping the S&P 500 post gains on average. After-hours movers included Credo Technology up ~17% on earnings; MongoDB also active.

BITF:CA Stock Analysis – AI Signals and Long/Short Trading Plans for Bitfarms

December 2, 2025, 12:48 AM EST. On December 1, 2025, Bitfarms Ltd. (BITF:CA) features updated AI Generated Signals and a horizon-based rating: Near-Weak, Mid-Weak, Long-Strong. The piece outlines two trading plans: a Long setup near 3.52 with a target of 5.64 and a stop loss at 3.50; and a Short setup near 5.64 with a target of 3.52 and a stop loss at 5.67. Readers are reminded to verify the time stamp and that the AI signals are available here. The coverage frames BITF:CA within a long-term strategy and emphasizes the role of AI-driven signals in decision making.

Asia markets rise as Wall Street slides on crypto sell-off; AI and crypto stocks weigh on U.S. indexes

December 2, 2025, 12:46 AM EST. Asia-Pacific markets were set to open higher on Tuesday after Wall Street slipped on a crypto-led sell-off. Bitcoin fell about 6% to below $86,000, dragging broader risk assets lower as Coinbase and other crypto-linked stocks fell. AI-related names such as Broadcom and Super Micro Computer also traded lower on profit-taking. Japan's Nikkei futures signaled a higher open, while Australia's ASX 200 rose and Hong Kong futures pointed higher. In the U.S., major indexes ended modestly lower: the S&P 500 down about 0.5%, the Nasdaq off ~0.4%, and the Dow around 0.9%. Traders will monitor crypto headlines and tech sector activity for clues on the next leg of the market's moves.

Dow, S&P futures hover near flat as December opens; Bitcoin slumps while Fed rate-cut bets rise

December 2, 2025, 12:44 AM EST. U.S. stock futures were little changed Monday night as investors parse December's opener. Dow and S&P 500 futures hovered near the flatline, while Nasdaq-100 futures ticked up about 0.1%. A pause after a down day snapped five straight gains for the major indexes, with risk-off sentiment rising on persistent inflation pressures, rich valuations and questions over the payoff from heavy AI spending. Cryptos extended their retreat, with Bitcoin down roughly 6% and crypto-linked names like Coinbase and Robinhood slipping more than 4%. Still, the S&P 500 and Dow posted modest monthly gains in November. Traders priced in a higher probability of a Fed rate cut at the Dec. 10 decision (about 87.6%), as December earnings season continues with Marvell, CrowdStrike and Okta.

Northrop Grumman (NOC) RSI Drops to 29.5, Entering Oversold Territory

December 2, 2025, 12:42 AM EST. Warren Buffett's adage about fear vs. greed frames today's setup in Northrop Grumman (NOC), as its RSI slips to 29.5, signaling an oversold condition. Shares traded as low as $547.02 with the current tone contrasting a calmer market: the SPY RSI sits at 57.9. A technician might view the 29.5 reading as suggesting selling pressure could be exhausting and a potential entry point for the bulls. The stock's 52-week range spans roughly $426.24-$640.90, with a last trade near $545.51. Readers may want to monitor whether selling interest subsides and momentum shifts, keeping an eye on further technical cues and broader market context.

OneSpaWorld Falls Below 200-Day Moving Average; Watch Key Support Near $20

December 2, 2025, 12:40 AM EST. OSW crossed below its 200-day moving average of $20.07 on Monday, trading as low as $19.90 and down about 1.9% for the session. The stock's one-year performance versus the moving average shows pressure as it nears the group's notable level near $20. The 52-week range spans $14.21 – $23.49, with a last trade near $20.04. Traders will watch whether the decline resumes or finds support near the round-number level around $20.

Stocks Retreat as Bond Yields Rise and Equity Indices Fall

December 2, 2025, 12:36 AM EST. Stocks closed lower as bond yields rose and risk appetite waned. The S&P 500 fell 0.53%, the Dow Jones -0.90%, and the Nasdaq 100 -0.36%, with December futures also weaker. The move came as the 10-year yield rose about 8 basis points to 4.09% and Japan's bond market hit multi-year highs on signals the BOJ could tighten again. Bitcoin slumped over 5% to a 1-week low, even as energy shares helped lift WTI crude. Weekday data weakened sentiment: the ISM manufacturing index slid to 48.2, with the price paid index at 58.5. Chinese data were soft and the PBOC warned about crypto speculation. Looking ahead, the calendar centers on ADP payrolls, manufacturing and service activity, unemployment claims, and the core PCE inflation gauge.

Yen Strength Lifts as Ueda Signals Possible Rate Hike; Fed Cut Bets Pressure Dollar

December 2, 2025, 12:32 AM EST. The DXY fell to a two-week low as the yen strengthened after BOJ Governor Ueda floated a possible rate hike later this month. A softer-than-expected US ISM manufacturing index and bets on a Fed rate cut at the Dec 9-10 FOMC meeting kept downside pressure, with swaps pricing roughly a 96% chance of a 25 bp cut. The rise in the 10-year Treasury yield provided some dollar support from rate differentials. Talks that Kevin Hassett could be Fed Chair add a dovish tilt that could weigh on the dollar longer term. In Europe, the euro rose to a two-week high after Nagel's comments; swaps imply only a ~2% chance of an ECB cut on Dec 18. A Nikkei drop boosted safe-haven flows into the yen.

Vestis (VSTS) Q3 CY2025 Revenue Beat, GAAP Loss Wider Than Expected; Stock Drops

December 2, 2025, 12:30 AM EST. Vestis reported a Q3 CY2025 revenue of $712 million, beating consensus of $685.5 million with 4.1% YoY growth. Yet the company posted a GAAP loss of -$0.10 per share, worse than the -$0.02 street estimate. The quarterly Adjusted EBITDA came in at $64.66 million (margin 9.1%), missing $67.4 million from estimates. Operating margin fell to 2.5% from 4.4% YoY, and free cash flow margin declined to 2.2% from 5.8%, underscoring margin pressure. Vestis also cited a tepid growth profile: four-year revenue growth at about 2.7% annualized, and a projected revenue decline of 1.4% over the next 12 months by analysts. With a market cap around $854 million, investors appear uneasy as the stock moved lower despite the beat.

Oil climbs on dollar weakness and Russian export cuts amid Ukrainian strikes and Venezuela risk

December 2, 2025, 12:28 AM EST. Crude prices closed higher, with January WTI futures up 1.32% and January RBOB up 2.60%, as a softer dollar supported energy names and traders priced in supply constraints. The DXY's drop to a two-week low boosted crude and refined products, while markets weighed reduced Russian crude exports after Ukrainian drone and missile strikes shut a Black Sea terminal. Geopolitical risks in Venezuela added upside, with President Trump calling to consider closing its airspace. Analysts noted OPEC+ plans to pause production increases in Q1 2026, sanctions tightening Russian flows, and IEA forecasts a global oil surplus in 2026. The EIA lifted 2025 U.S. production, underscoring a complex supply backdrop.

Credo Technology (CRDO) Q2 Earnings Preview: Hold Ahead of Dec 1 Print

December 2, 2025, 12:26 AM EST. Credo Technology Group Holding Ltd (CRDO) is scheduled to report its fiscal second-quarter 2026 results after the close on Monday, Dec. 1, 2025. The consensus bottom-line estimate stands at $0.49 per share, up about 600% year over year, while expected revenue sits at $235.2 million, a 226% year-over-year surge. For the quarter, Credo guides $230-$240 million in revenue, signaling roughly a 5% sequential uptick at the midpoint. The stock carries an Earnings ESP of 0.00% and a Zacks Rank #3 (Hold), suggesting uncertainty around a beat. Credo's strength stems from demand for its active electrical cables (AEC) and optical products, and partnerships with hyperscalers. With gross margin guided at 64-66% and rising AI-driven data-center activity, investors will watch whether the quarter confirms or challenges the bullish backdrop.

Cambium Networks Receives Nasdaq Staff Determination Letter; Delisting Risk for CMBM Increases

December 2, 2025, 12:23 AM EST. Cambium Networks Corporation (NASDAQ: CMBM) received on November 25, 2025 a Staff Determination Letter from Nasdaq's Listing Qualifications Department for non-compliance with Filing Rule 5250(c)(1) due to the late filing of its Q3 2025 Form 10-K. This follows prior deficiency letters tied to late filings of the 2024 Form 10-K and 2025 Form 10-Qs. Nasdaq granted an extension to regain compliance, which the company pursued by presenting a plan of compliance on November 11 and seeking a continued extended stay of delisting. The decision now rests with the Nasdaq Hearings Panel; the company cautions there is no guarantee of further time. Cambium will announce the panel's ruling and its impact on the delisting prospect after the decision.

Karyopharm Therapeutics Grants Inducement Stock Options and RSUs to Seven New Hires Under Nasdaq Rule 5635(c)(4)

December 2, 2025, 12:20 AM EST. Karyopharm Therapeutics announced that it granted an inducement stock option to purchase 2,800 shares and 15,791 RSUs to seven newly hired employees, under Nasdaq Listing Rule 5635(c)(4) and the company's 2022 Inducement Stock Incentive Plan. The awards were granted on November 30, 2025. The stock options carry an exercise price of $5.62 per share, vesting over four years with 25% vested after one year and the remaining shares vesting in monthly installments (1/48th) thereafter, subject to continued service. The RSU awards vest over three years, with 33 1/3% of the shares vesting on each anniversary of the grant date.

Colder U.S. Temps Push Nat-Gas Prices Toward 3-Year High

December 2, 2025, 12:18 AM EST. Colder US temperatures lifted natural gas prices, with January futures closing higher and posting a nearly 3-year high as markets priced in stronger heating demand. Forecasters expect the eastern US to stay colder into December, with further cold into mid-December. Yet the bullish case is tempered by ongoing production, as US dry gas output sits near a high and Baker Hughes reports 130 active rigs, a 2.25-year peak. The EIA raised its 2025 nat-gas production forecast to 107.67 bcf/day, up ~1%. A weekly EIA draw supported prices, with inventories for the week ended Nov 21 down 11 bcf versus expectations. LNG net flows to US terminals slipped about 3.7% w/w, while European storage was 76% full vs 86% 5-year average, signaling global tightness.

Beta Technologies Gains Wall Street Support After $1.02B IPO

December 2, 2025, 12:16 AM EST. Wall Street analysts have largely initiated buy coverage on Beta Technologies after its $1.02 billion IPO, positioning the Vermont company as an early leader in electric regional aviation. Despite the bullish sentiment, shares trade about 22% below the IPO price as broad weakness in small caps and aerospace weighs on sentiment. The average 12-month target of roughly $37.88 implies about 43% upside on a rebound. Analysts point to Beta's eCTOL and eVTOL lineup and its consolidated manufacturing model as a potential path to faster FAA certification by 2027 and a first-mover advantage in cargo, medical transport, and passenger mobility. Jefferies remains cautious with a Hold, while Needham's TAM near $1 trillion underscores a favorable long-term backdrop for electric regional mobility.

Live: Credo Technology (CRDO) Q2 Earnings Coverage – Revenue Beat and Guidance Boost

December 2, 2025, 12:10 AM EST. Live coverage of CRDO Q2 results shows a revenue beat of $268M vs ~$235M consensus and EPS of $0.67 vs $0.50. The standout was guidance: a $340M mid-point revenue for next quarter, well above the ~$248M expected. Management highlighted improving customer diversification, possible acceleration in optics growth, and momentum in new product categories beyond AECs, which could lift Wall Street valuations. The print sent shares higher after hours, with CEO Bill Brennan noting the strongest quarterly results in Credo's history. A broader AI angle is referenced by the company's coverage and a portfolio up ~600% since Sept. 2024. Key near-term events: the earnings call and management updates on growth drivers.

RGA Breaks Above 200-Day Moving Average

December 2, 2025, 12:08 AM EST. Shares of Reinsurance Group of America, Inc. (RGA) traded above their 200-day moving average of $192.92 on Monday, topping as high as $193.47. The stock was up about 1.4% on the session. The chart shows RGA's performance over the past year relative to the 200-day MA. The stock's 52-week range is $159.25 to $232.97, with the latest trade around $192.71. The move above the moving average may be seen as a bullish signal, though traders should watch for follow-through.

GE Aerospace Stock on Dec 1, 2025: Price, News, and 2026 Outlook

December 2, 2025, 12:02 AM EST. As of late trading on December 1, 2025, GE Aerospace (NYSE: GE) traded around $290.58, down about 2.6%, with a roughly 8% pullback from the all-time high near $316.67. The mega-cap name has delivered 60-70% gains in the past year, supported by a robust installed base and a high-margin service business. Key metrics show a market cap near $306-$310 billion, trailing P/E around 39 and forward P/E near 43, plus a dividend yield ~0.5%. The company operates two segments: Commercial Engines & Services and Defense & Propulsion Technologies, and recent news includes a £19 million (£24m) UK investment to modernize the Nantgarw MRO hub. This sets up a constructive 2026 outlook amid a market-leading aerospace franchise.

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