🧠 Mixed US inflation and payroll data paint picture of cooling labor market and consumer spending

🏛️ Financial News

• US Inflation 💸 NBC: Inflation falls to 2.7% as slower housing and food increases offset a surge in electricity

• CNBC: CPI inflation print draws caution from economists: 'It’s hard to take this data seriously'

• Jobs Report : Payroll 🏪 CNBC: Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

• Administration 🏛️ CNBC: Trump promises ‘largest tax refund season of all time.’ What you can expect

• Rueters via Yahoo! Finance: BlackRock, investor Dalio to help fund 'Trump accounts'

• CNBC: Nine of the largest pharma companies ink deals with Trump to lower drug prices

• Housing 🏘️ CNBC: November home sales struggle as supply stalls

  o CNBC: Mortgage rates moved higher after the Fed rate cut, causing loan demand to drop

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📊 Global Markets

• S&P 500 $VOO ( ▲ 0.89% )🌍 Sherwood by Robinhood: Markets cheer surprise gift of cooler CPI amid renewed AI optimism to finish higher

• Insider via Yahoo! Finance: 'Run it hot': Wall Street is trotting out a new playbook for a high-growth, high-inflation economy in 2026

• CNBC: Charting six major trends to keep watching in 2026 

• Nasdaq $QQQ ( ▲ 1.3% ) 🌐 Yahoo! Finance: Nasdaq wants round-the-clock trading as Wall Street eyes 24/7

• Exchange-Traded Funds 📊 Fox Business: Hands-on fund managers drive ETF growth: Active ETFs at least 2 years old draw most assets under management

• Europe Markets $STOXX ( 0.0% ) 🏰 Yahoo! Finance UK: Europe's Stoxx 600 surged to near ATHs after ECB held rates 

• Asia Markets 🏯 Reuters: Asia stocks join Wall St rally, brace for BOJ hike 

  • CNBC: Chinese AI, chip start-ups court global investors with Hong Kong listing plans

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🚀 Stocks

• Healthcare 👩🏻‍🔬 Sherwood by Robinhood: Health insurance stocks lose steam as Trump says he’ll lobby insurers for lower prices

• Consumer : Apparel $NKE🎽 CNBC: Nike shares fall 10% as China sales plunge, tariffs hit profits 

• Media : Studios $DIS🏰 TechCrunch: Disney’s OpenAI deal is exclusive for just one year — then it’s open season

• Hospitality : Cruises $CCL🚢 Yahoo! Finance: Carnival Q4 earnings beat estimates, revenues increase Y/Y

• Automakers $F🚗 TechCrunch: Ford is starting a battery storage business to power data centers and the grid

• Autos : Retailers $KMX🚗 WSJ via Yahoo! Finance: CarMax's quarterly profit, revenue dip as used car market weakens 

• Transports $FDX📦 CNBC: FedEx issued a Q2 beat-and-raise citing strength in B2B demand and tailwinds from AI data center growth

• Restaurants : Dining $DRI🍝 CNBC: Olive Garden owner Darden Restaurants hikes revenue outlook as value plays help bring in diners

•  Automakers $GM🚘 Zacks via Yahoo! Finance: General Mills Q2 earnings beat estimates, net sales down 7% Y/Y

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🌐 Technology

• Data Centers 🗄️ CNBC: Data center deals hit record $61 billion in 2025 amid construction frenzy

• CNBC: The neoclouds are shooting back up into the stratosphere 

• Memory $MU🧠 Reuters via Yahoo! Finance: Micron forecasts blowout earnings on booming AI market, shares rise 

• Technology $GOOG🔍 Bezinga via Yahoo! Finance: Google teams up with Meta to challenge Nvidia's dominance in AI computing market

• B2B Technology $ORC🌐 CNBC: Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

• CNBC: Oracle’s debt seems to be affecting data center funding

• Data Center Dynamics: Blue Owl opts not to fund Oracle's $10bn Michigan data center

• Professional Services $ACS 💼 Reuters via Yahoo! Finance: Accenture beats quarterly revenue estimate on strong demand for AI services 

• Networking $PANW➰ CNBC: Palo Alto Networks announces multibillion-dollar deal with Google Cloud 

• Autos : EV $TSLA🔌 CNN: Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling

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Hope everyone’s enjoying the holiday season! We’ll be back the following Saturday morning to recap the week’s financial news.

Thanks to Empower for sponsoring. ← This is honestly a great tool I personally use through my work’s 401k provider.

✨ Happy Unprompting,

Rawee
[email protected]

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