Most Important News

• AMD Targets: AMD stock soars on growth targets.
• Google Solar: Google inks 15-year solar power deal.
• Lucid Debt: Lucid secures US$875M in convertible debt.

US stock futures rose on Wednesday, driven by a tech stock rebound following the prior day's sell-off amid a turbulent trading month.

As of 04:19 PM Riyadh time, compare to the prices at the end of the previous trading day, including any holiday-shortened sessions, the blue-chip Dow Jones Futures escalate by 116.0 points or 0.24% to 48,146, the broad-based S&P 500 Futures advance by 24.75 points or 0.36% to 6,896, the tech-heavy Nasdaq Futures improve by 160.5 points or 0.63% to 25,801. (Data source: Wind Quant)

As of 05:03 PM Riyadh Time, top pre-market movements are as follows:

Fed Rate Cut Expectations Fuel Treasury Rally

Weak US private sector job data raised hopes for a December Fed rate cut, pushing US Treasury prices higher as traders adjusted their expectations.

IEA: Oil & Gas Demand Won't Peak Soon

The International Energy Agency, facing Trump-era criticism, reintroduces a scenario in its annual report predicting oil and gas demand won't peak in the next 10 years.

Fed Governor Urges AI Regulation in Finance

Federal Reserve governor Michael Barr calls for a clear regulatory framework to govern artificial intelligence's use in financial industry core businesses to prevent risks.

Inflation Peak Sparks Buying in Consumer Goods

Senior US commentator Jim Cramer sees inflation nearing peak, highlighting Procter & Gamble Company(PG.US) and Kimberly-Clark Corporation(KMB.US) as undervalued, quality investment opportunities.

Burry Accuses Tech Giants of AI Profit Inflation

Michael Burry, famed for 2008 crisis prediction, claims tech giants inflate profits by underestimating AI hardware depreciation, calling it a common financial fraud.

Ark Invest: Starship Key to AI's Energy Fix

Cathie Wood's ARK Invest says SpaceX's Starship (led by Elon Musk) is "critical" for orbital AI data centers to solve AI's huge energy needs.

AMD Stock Soars on Bold Growth Targets

Advanced Micro Devices, Inc.(AMD.US) shares rise in after-hours trading Tuesday after the chipmaker sets ambitious long-term growth targets, citing accelerating AI momentum during its analyst day. Read in detail>>

Google Inks 15-Year Solar Power Deal

TotalEnergies SE(TTE.US) signed a 15-year PPA with Alphabet Inc. Class A(GOOGL.US)'s Google to power its Ohio data centers using solar energy.

Broadcom Boosts VMware Cloud With ODM Initiative

Broadcom Limited(AVGO.US) expands VMware Cloud Foundation ecosystem via ODM self-certification, open networking, and open-source contributions.

Nebius Group NV ($Nebius Group N.V. NBIS$) Sells Out All Capacity

Nebius Group(NBIS.US), an AI infrastructure firm, has fully sold all available capacity, with CEO Arkady Volozh noting strong demand absorbing its buildouts.

Cathie Wood's Major Portfolio Adjustments

Ark Invest, led by Cathie Wood, bought US$25 million worth of Alibaba Group Holding Ltd. Sponsored ADR(BABA.US) shares, also traded Baidu, Inc. Sponsored ADR Class A(BIDU.US) and Reddit(RDDT.US), amid market and regulatory shifts.

Goldman Sachs Hits Record Advisory Fee with EA Deal

Goldman Sachs earns a record-breaking US$110 million in advisory fees for facilitating Electronic Arts Inc.(EA.US) privatization by a Saudi-led consortium for US$55 billion.

Lucid Secures US$875M in Convertible Debt

Lucid(LCID.US) priced an US$875 million offering of 7.00% convertible senior notes due 2031 in a private institutional sale. Read in detail>>

Sea's Q3 Profit Soars Amid Stock Sell-Off

Sea(SE.US) reported 38% revenue growth and doubled net profit in Q3, but its stock fell 9% initially. Wall Street banks still back the company.

Gary Black Criticizes Tesla's Autonomy Focus

Gary Black, Future Fund LLC's MD, slams Tesla Motors, Inc.(TSLA.US) bulls for promoting a 'fool's narrative' on autonomy and robots amid declining EV sales and high valuation.

Cramer Questions CoreWeave CEO on Delays

CoreWeave(CRWV.US) CEO Michael Intrator faced CNBC's Jim Cramer's inquiry on Tuesday about data center delays affecting its stock, despite a US$55.6 billion backlog. Read in detail>>

Oklo Posts Q3 Losses, Stock Dips

Oklo Inc(OKLO.US), a US nuclear energy startup, reported zero revenue and wider losses in Q3 2025, with operating, net losses, and loss per share all increasing YoY and worse than expected, leading to a nearly 2% stock drop in after-hours trading.

Circle Tops Q3 Estimates

Circle(CRCL.US) reports Q3 EPS of US$0.64, beating estimates by 253.59%, and sales of US$739.759M, exceeding forecasts by 5.60%, up 65.95% YoY.

On Holding's FY2025 Sales Forecast Beats Estimates

On Holding AG(ONON.US) projects FY2025 sales of US$3.725B, surpassing analysts' estimate of US$3.640B.