US consumer sentiment from the University of Michigan
- Prelim was 81.4
- Prior was 76.9
- Expectations 74.6 vs 74.7 prelim
- Current conditions 90.0 vs 91.8 prelim
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AMAT surges on analyst upgrades, hitting $255.81. AI demand fuels semiconductor rally, but volatility remains.
AVAV jumps 4.8% on KeyBanc 'Overweight' call, but past earnings misses & -6.4% margin raise volatility flags.
Aave's $50B+ DeFi lending protocol eyes traditional finance, facing governance disputes over IP & revenue streams.
JPM sees stablecoins hitting $600B by 2028, short of $2T+ calls. Demand's crypto-driven, not payments.
Jump Trading sued for $4B over Terra collapse! Allegations of market manipulation & billions in illicit gains. Crypto traders watch closely.
November home sales tick up, but supply crunch & rising prices still sting buyers. Watch for cooling valuations.
UK economy 'stuck' as BoE cuts rates to 3.75%. FTSE 100 up 0.3%, FTSE 250 down 0.1%. Debt nears £2.9T.
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