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.
