News Bulletin
 Tuesday, December 02, 2025
Evening Edition

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Tuesday, December 2, 2025

8:55

Redbook (YoY)

0.08

 

0.06

15:30

CFTC Crude Oil speculative net positions

 

 

74.3K

15:30

CFTC Gold speculative net positions

 

 

232.0K

15:30

CFTC Nasdaq 100 speculative net positions

 

 

43.3K

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

47,474.46

46,796.34

43,977.75

NASDAQ

23,413.67

22,968.45

20,347.35

S&P 500

6,829.37

6,730.84

6,184.45

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC: After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

Bank of Nova Scotia (BNS)

1.93

1.83

9.77B

  9.42B

87.64B

BMO

Signet Jewelers (SIG)

0.63

0.24

1.4B

  1.36B

3.66B

BMO

United Natural Foods (UNFI)

0.56

0.4

7.8B

  7.91B

2.20B

BMO

BW LPG (BWLP)

0.38

0.6764

279.98M

  241.1M

1.79B

BMO

Citi Trends (CTRN)

-0.86

-0.79

197.1M

  187.33M

351.64M

BMO

NIP ADR (NIPG)

--

-0.16

--

  --

165.93M

BMO

Four Seasons Education (FEDU)

--

  --

--

  --

29.40M

BMO

US Gold (USAU)

--

-0.14

--

0

241.78M

 

Children’s Place (PLCE)

--

0.6013

--

  370.31M

161.16M

 

Duluth Holdings Inc (DLTH)

--

-0.46

--

  117.06M

128.42M

 

Amtech (ASYS)

--

-0.055

--

  18.25M

123.10M

 

Nutriband (NTRB)

--

-2.13

--

  675K

55.27M

 

CNFinance (CNF)

--

  --

--

  --

39.09M

 

Leslies (LESL)

--

0.0653

--

  373M

32.75M

 

Brand House Collective (TBHC)

--

-0.13

--

  109.39M

26.28M

 

Aesthetic Medical Intl (PAIYY)

--

  --

--

  --

8.41M

 

Jewett-Cameron Trading (JCTC)

--

  --

--

  --

7.46M

 

Dalrada Financial (DHTI)

--

  --

--

  --

5.41M

 

Redhill ADR (RDHL)

--

  --

--

  --

4.13M

 

Pinstripes Holdings (PNSTQ)

--

-0.23

--

  30.63M

4.12K

 

Flower One (FLOOF)

--

  --

--

  --

473

 

CrowdStrike Holdings (CRWD)

0.96

0.94

1.23B

  1.21B

130.59B

AMC

Marvell (MRVL)

0.76

0.74

2.08B

  2.07B

79.85B

AMC

Pure Storage Inc (PSTG)

0.58

0.58

964.5M

  955.03M

31.51B

AMC

Okta (OKTA)

0.82

0.75

742M

  730.3M

14.41B

AMC

Gitlab (GTLB)

0.25

0.2

244.4M

  239.09M

6.86B

AMC

Box Inc (BOX)

0.31

0.32

301.1M

  297.46M

4.37B

AMC

American Eagle Outfitters (AEO)

0.53

0.43

1.36B

  1.32B

3.52B

AMC

Asana (ASAN)

0.07

0.06

201M

  198.57M

3.19B

AMC

 

Market News:

The S&P 500 closed higher Tuesday, as bullish bets on tech resumed amid rising expectations for a Federal Reserve rate cut.

 

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average traded 185 points, or 0.4%, higher, the S&P 500 index gained 0.2%, and the NASDAQ Composite rose 0.6%.

 

Fed rate cut bets in focus

The latest Institute for Supply Management data, showing more manufacturing weakness, has further strengthened expectations of a shift in Fed policy next week, with interest-rate futures suggesting investors now assign an 86% probability to a 25-basis-point cut at the Dec. 9–10 meeting.

 

The move is being driven by a combination of cooling data, easing inflation pressures, and recent remarks from senior Fed officials that hinted at the possibility of lower rates starting sooner than previously anticipated.

 

The prospect of new leadership at the Fed is adding another layer of uncertainty, with the White House considering several candidates to succeed Powell, whose term expires next year.

 

BofA Global Research said on Monday it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, having previously expected borrowing costs to remain unchanged. It now sees two additional quarter-point cuts in 2026, in June and July, bringing the terminal rate to 3.00%-3.25%.

 

"Our forecast of additional cuts next year is due to the change in leadership, not our read on the economy," analysts at BofA said in a note.

White House economic adviser Kevin Hassett has emerged as the frontrunner to be the next U.S. Federal Reserve chair, according to reports last week.

 

Marvell to lead limited earnings parade; Boeing jumps

On a relatively light earnings calendar, U.S. chipmaker Marvell Technology (NASDAQ:MRVL) will likely be the headliner after the close.

 

MongoDB (NASDAQ:MDB) jumped more than 22% after lifted its guidance for the full year following Q3 results that topped Wall Street estimates.

 

The semiconductor group has been a major competitor of larger rival Broadcom (NASDAQ:AVGO) as a provider of custom and networking chips. On Monday, media reports said it is in advanced discussion to acquire startup Celestial AI in a potential cash-and-stock deal worth multiple billions of dollars.

 

Additionally, Dell Technologies (NYSE:DELL) stock rose Tuesday after President Donald Trump praised the Dell family following their massive philanthropic donation.

 

Michael and Susan Dell announced they will give $250 each to 25 million American children under 10 years old to jumpstart investment accounts for their futures. The $6.25 billion gift extends the "Invest America" initiative created earlier this year as part of President Trump’s One Big Beautiful Bill Act, which automatically seeds accounts with $1,000 for children born between 2025 and 2028.

 

In other news, Boeing Co (NYSE:BA) jumped 10% after the company guided free cash flow to turn positive for 2026 and the aircraft maker also won a contract from the U.S. Navy worth $104.4M to repair displays in aircrafts.

Bitcoin rebounds from slump to help steady crypto-related stocks

Bitcoin (BitfinexUSD) rose more than 7% to climb back above $90K on dip buyers bought the recent selloff, helping ease negative sentiment on crypto-related stocks.

 

Strategy Inc (NASDAQ:MSTR), Coinbase Global Inc (NASDAQ:COIN), Marathon Petroleum Corp (F:MPN) were sharply higher.

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