US Morning News Call | Google Launches Faster AI Model Gemini 3 Flash
Key Takeaways:
• Nov. Inflation Report First to Be Released Post-Shutdown
• Google Launches Faster AI Model Gemini 3 Flash
• Elon Musk Takes Latest Barb at Bill Gates Over Tesla Short Position
• Key Earnings: Nike, FedEx, etc.
Before the Bell
Stock market futures rose Thursday ahead of potentially market-moving inflation data.
$E-mini NASDAQ 100 Futures (MAR6) (NQmain.US)$ went up by 0.86%;
$E-mini S&P 500 Futures (MAR6) (ESmain.US)$ went up by 0.49%;
$E-mini Dow Futures (MAR6) (YMmain.US)$ went up by 0.24%.
House Passes Republican Healthcare Bill Without Extending ACA Subsidies
The House of Representatives on Wednesday evening passed a GOP-sponsored health care reform bill that doesn't extend expiring enhanced ACA subsidies but provides other measures Republicans say will benefit consumers.
Google Launches Faster AI Model Gemini 3 Flash
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ has globally launched its latest AI model called Gemini 3 Flash, making it the default model in the Gemini app, replacing 2.5 Flash.
OpenAI Considers Raising Tens of Billions at $750 Billion Valuation
OpenAI is exploring a new funding round to raise tens of billions of dollars at a valuation of $750 billion. The company, which is not yet profitable, plans to invest trillions in infrastructure.
Elon Musk Takes Latest Barb at Bill Gates Over Tesla Short Position
Musk refreshed everyone’s memory with the recent post, stating that if Gates still has his short position against $Tesla (TSLA.US)$ , he would have lost over $10 billion by now.
Crypto News
BitMine Buys the Dip, Adding $140 Million Worth of ETH to Treasury
Tom Lee’s Ethereum treasury firm BitMine reportedly bought another $140 million worth of ETH. It currently holds nearly 4 million ETH in its treasury, worth around $11.6 billion.
Market Events
Key Economic Events
08:30 AM Core Inflation Rate YoY
08:30 AM Inflation Rate YoY
Key Earnings
After Market
The market anticipates $Nike (NKE.US)$ revenue of $12.2 billion, down 1.18% YOY, with EPS at $0.374, a 52.12% YOY decrease.
The market anticipates $FedEx (FDX.US)$ revenue of $22.8 billion, up 3.78% YOY, with EPS at $3.83, a 26.53% YOY increase.
Before Market
The market anticipates $Accenture (ACN.US)$ revenue of $18.53 billion, up 4.76% YOY, with EPS at $3.42, a 4.72% YOY decrease.
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