Today: 28 April 2026

AMD Stock on December 2, 2025: AI Supercycle, New Mega-Deals and Fresh Forecasts for NASDAQ: AMD

AMD Stock on December 2, 2025: AI Supercycle, New Mega-Deals and Fresh Forecasts for NASDAQ: AMD

AMD shares traded near $220 early December 2, up 1% after a volatile November that saw a 23% drop. Bloomberg reports Vultr will build a $1 billion AI cluster in Ohio using AMD chips, set to launch in Q1 2026. Marvell is in advanced talks to acquire AMD-backed Celestial AI for over $5 billion, according to Reuters. AMD’s market cap stands at about $358 billion.
Strategy Inc (MSTR) Stock Plunges as Bitcoin Slides and $1.44 Billion Cash Reserve Splits Opinion – Latest News, Forecasts and Analysis (2 December 2025)

Strategy Inc (MSTR) Stock Plunges as Bitcoin Slides and $1.44 Billion Cash Reserve Splits Opinion – Latest News, Forecasts and Analysis (2 December 2025)

Strategy Inc shares fell to $171 on December 2, down nearly 50–60% from peak, as Bitcoin dropped below $90,000. The company announced a $1.44 billion US dollar reserve funded by equity issuance and sharply cut 2025 profit guidance. Management said Bitcoin sales are possible as a “last resort” if stress conditions are met. Trading volume hit its highest in nearly a year.
Meta Platforms (META) Stock Today – December 2, 2025: AI Spending Shock, New Price Targets and 2025–26 Forecast

Meta Platforms (META) Stock Today – December 2, 2025: AI Spending Shock, New Price Targets and 2025–26 Forecast

Meta shares traded near $641 early December 2, 2025, holding steady after a sharp post-earnings drop and recent rebound from $605. The stock remains about 20% below its August peak, with a market cap near $1.62 trillion and a P/E ratio of 28. Meta’s Q3 revenue beat forecasts, but plans to double AI-related capital spending triggered the sell-off.
Alphabet (GOOG) Stock on December 2, 2025: AI Breakthroughs, Buffett’s Bet and Wall Street’s 2026 Forecast

Alphabet (GOOG) Stock on December 2, 2025: AI Breakthroughs, Buffett’s Bet and Wall Street’s 2026 Forecast

Alphabet’s Class C shares closed at $315.12 on December 1, near record highs and valuing the company at about $3.8 trillion. The stock is up roughly 70% in 2025 and nearly 49% in the last quarter, driven by AI momentum and Wall Street upgrades. Analysts still view Alphabet as a key AI and cloud holding, though some price targets suggest limited near-term upside.
Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Prada Group completed its €1.25 billion ($1.4 billion) acquisition of Versace from Capri Holdings on December 2, 2025, after securing regulatory approvals. The deal is the largest in Prada’s history and adds Versace to a portfolio that includes Prada and Miu Miu. Versace accounted for about 20% of Capri’s 2024 revenue. Prada heir Lorenzo Bertelli will serve as Versace’s executive chairman.
2 December 2025
Fairstone to Buy Laurentian Bank in C$1.9 Billion Break-Up Deal as National Bank Takes Retail Business

Fairstone to Buy Laurentian Bank in C$1.9 Billion Break-Up Deal as National Bank Takes Retail Business

Fairstone Bank will acquire Laurentian Bank of Canada for about C$1.9 billion in cash, while National Bank of Canada will buy Laurentian’s retail and SME banking portfolios, including C$3.3 billion in loans and C$7.6 billion in deposits. Laurentian’s Québec branches will close, with staff able to apply for roles at National Bank. The deal follows Laurentian’s failed 2023 sale and recent restructuring.
Amazon (AMZN) Stock on December 2, 2025: AI Mega‑Deals, Fee Cuts and 30‑Minute Delivery Fuel a Fresh Bull Case

Amazon (AMZN) Stock on December 2, 2025: AI Mega‑Deals, Fee Cuts and 30‑Minute Delivery Fuel a Fresh Bull Case

Amazon stock traded near $233.88 on December 2, 2025, with a market cap of about $2.5 trillion, roughly 10% below its 52-week high. The company announced fee cuts for European sellers to counter Shein and Temu, and launched a 30-minute grocery delivery pilot in Seattle and Philadelphia. Amazon also drew attention with a $38 billion cloud deal with OpenAI and new AI partnerships.
Broadcom (AVGO) Stock on December 2, 2025: AI Supercycle, New $460 Target and What Investors Should Watch Next

Broadcom (AVGO) Stock on December 2, 2025: AI Supercycle, New $460 Target and What Investors Should Watch Next

Broadcom shares fell 4.2% to $386.08 on December 1 amid renewed supply and competition concerns, though the stock remains near record highs after an AI-driven rally. On December 2, Broadcom announced ING will adopt VMware Cloud Foundation 9.0, extending their enterprise partnership. The company’s market cap stands near $1.82 trillion with a P/E ratio around 98.
Tesla Stock Today (TSLA): Michael Burry’s New Short, China Sales Jump and 2026 Robotaxi Bets – December 2, 2025

Tesla Stock Today (TSLA): Michael Burry’s New Short, China Sales Jump and 2026 Robotaxi Bets – December 2, 2025

Tesla shares traded near $430 midday Monday, valuing the company at $1.43 trillion. Michael Burry renewed his short position, calling Tesla “ridiculously overvalued” and warning of shareholder dilution from stock-based compensation. Bullish analysts remain focused on Tesla’s AI, robotaxi, and robotics ambitions. The stock was little changed after Burry’s comments.
Vivo X300 and X300 Pro Launched in India: Price, Full Specs and First Reviews on December 2, 2025

Vivo X300 and X300 Pro Launched in India: Price, Full Specs and First Reviews on December 2, 2025

Vivo launched the X300 and X300 Pro in India, featuring ZEISS cameras and MediaTek Dimensity 9500 chips. Prices start at ₹75,999 for the X300 and ₹1,09,999 for the X300 Pro, with sales beginning December 10. Both models offer IP68/IP69 protection and run OriginOS. Launch offers include up to 10% cashback, extended warranty, and buyback deals.
Oppo A6x 5G Launched in India at ₹12,499: 6,500mAh Battery, Dimensity 6300 and 120Hz Display

Oppo A6x 5G Launched in India at ₹12,499: 6,500mAh Battery, Dimensity 6300 and 120Hz Display

Oppo launched the A6x 5G in India on December 2, priced from ₹12,499 to ₹14,999. The phone features a 6,500mAh battery, 45W fast charging, Dimensity 6300 chipset, and a 120Hz LCD display. It runs ColorOS 15 based on Android 15 and is available in Ice Blue and Olive Green. Sales start today through Oppo’s online store, Amazon, Flipkart, and retail partners.
Fidelity Investments 2025: Stablecoin Tests, 401(k) Access Fight and What Comes Next for a $17.5 Trillion Giant

Fidelity Investments 2025: Stablecoin Tests, 401(k) Access Fight and What Comes Next for a $17.5 Trillion Giant

Fidelity’s assets under administration reached $17.5 trillion in Q3 2025, up 17% year-over-year, with $6.8 trillion in discretionary assets. Average 401(k) balances hit a record $144,400. New security rules blocking third-party access to 401(k) accounts have sparked client lockouts and industry criticism. Fidelity is also testing a dollar-pegged stablecoin and has liquidated several thematic ETFs.
Apple iPhone 16 Pro Price Drop: Biggest Discounts Yet on Amazon, Flipkart and Reliance Digital (2 December 2025)

Apple iPhone 16 Pro Price Drop: Biggest Discounts Yet on Amazon, Flipkart and Reliance Digital (2 December 2025)

Retailers in India, the US, and Europe have slashed iPhone 16 Pro prices, with discounts reaching $200–$420 off in the US and ₹10,000–₹13,000 off in India. Flipkart dropped the 128GB model to ₹99,990, with further bank offers reducing it to ₹95,999. Reliance Digital lists the phone at ₹1,09,900, ₹10,000 below launch. Price cuts follow the iPhone 17 launch and Apple’s own reductions on non-Pro models.
Xcel Energy Halves North Dakota Electricity Rate Hike Request, but 13% Residential Increase Still Looms

Xcel Energy Halves North Dakota Electricity Rate Hike Request, but 13% Residential Increase Still Looms

Xcel Energy agreed to reduce its requested electricity rate hike for North Dakota customers, with overall rates rising 10.37% and residential rates up 12.92% under a proposed settlement. The original request sought increases of 19.34% and over 24%, respectively. The deal, involving Xcel, PSC staff, and Walmart, awaits approval from the North Dakota Public Service Commission, which could vote as soon as January.
2 December 2025
Pennsylvania Electric Bills Jump After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Pennsylvania Electric Bills Jump After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Electric rates rose across Pennsylvania on December 1, with PECO, PPL, Duquesne Light, and West Penn Power all increasing default supply charges. Duquesne Light customers in the Pittsburgh area face a 10.6% hike, while PECO customers in Philadelphia see a 6% rise. State regulators cite higher wholesale and capacity costs, increased demand from data centers and electric heating, and plant retirements.
2 December 2025

Stock Market Today

  • Tech Earnings Optimism Lifts S&P 500 and Nasdaq Despite Oil Price Surge
    April 28, 2026, 12:00 AM EDT. The S&P 500 and Nasdaq 100 closed at new all-time highs Monday, bolstered by optimism around upcoming tech earnings from giants like Apple, Microsoft, and Meta Platforms. The market gained despite a 2% jump in WTI crude oil prices, which raised inflation concerns after President Trump canceled negotiations with Iran, intensifying tensions over the Strait of Hormuz. AI-infrastructure stocks received support from reports of Qualcomm collaborating with OpenAI and MediaTek, while health insurers also strengthened the broader market. Talks continue around Iran's proposal to delay nuclear negotiations in exchange for lifting the US blockade. The energy crisis risk remains elevated as the strait effectively remains closed, pressuring global supply.

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

US Stock Market Today: Live Updates 28.04.2026

28 April 2026
The S&P 500 and Nasdaq 100 closed at record highs Monday, driven by optimism over upcoming tech earnings from Apple, Microsoft, and Meta. Gains came despite a 2% surge in WTI crude prices after President Trump canceled Iran talks, heightening tensions at the Strait of Hormuz. Qualcomm’s reported collaboration with OpenAI and MediaTek boosted AI-infrastructure stocks. The strait remains effectively closed, raising energy supply concerns.
US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

28 April 2026
The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
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