Dow, S&P 500, Nasdaq futures lean higher after stocks, bitcoin take a bruising.

December 2, 2025

Dow, S&P 500, Nasdaq futures lean higher after stocks, bitcoin take a bruising.

Breaking News

Image source: Adobe Stock



US stock futures inched into the green on Tuesday as investors assessed a fragile start to December trading.

S&P 500 futures nudged up 0.1%, while those on the tech-heavy Nasdaq 100 added 0,2%. Contracts on the Dow Jones Industrial Average hovered above the flatline.

The small but positive moves follow a down session on Wall Street that snapped five-day winning streaks for all three major indexes.

That resurgence of risk-off sentiment was fueled by concerns about stubborn inflation, stretched valuations and the uncertain payoff from Big Tech's heavy AI spending.

Expectations for a December rate cut have climbed sharply ahead of the Federal Reserve’s policy decision.

Markets are pricing in an 87% probability of a cut on Dec. 10, up significantly from mid-November, according to the CME FedWatch tool.

Third quarter earnings season continues to slowly wind down with Marvell (MRVL), Crowdstrike (CRWD) and Okta (OKTA) all releasing reports on Tuesday. Yahoo Finance reports.

EdgeUp

🤖 Marvell in advanced talks to buy Celestial AI in multi-billion-dollar deal, The Information says

U.S. chipmaker Marvell Technology is in advanced ​talks to acquire chip startup Celestial AI in a ‌cash-and-stock deal worth multiple billions of dollars, the Information ‌reported on Monday, citing people with knowledge of the deal.

The total deal price, including earnouts from product milestones could be higher than $5 billion, the report said, ⁠adding that a ‌deal could be announced as soon as Tuesday.

Marvell and Celestial AI did not immediately respond to ‍a Reuters' request for comment. Reuters could not immediately verify the report. Yahoo Finance reports.


📹 Warner Bros Discovery gets mostly cash offer from Netflix, source says

Warner Bros Discovery, opens new tab has received a second round of bids, including a mostly cash offer from Netflix, opens new tab, in an auction that could conclude in the coming days or weeks, a source familiar with the matter told Reuters on Monday.

Bankers for Paramount Skydance, Comcast, opens new tab and Netflix worked over the weekend on improved offers for all or part of Warner Bros, the source added.

Netflix and Warner Bros Discovery declined to comment. Bloomberg News first reported the development. Reuters reports.


🤖 Nvidia-backed $4 billion AI startup announces major London expansion

Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday.

The Palo Alto-headquartered startup will look to hire around 200 employees - making up around 40% of its workforce - at its new London base by early 2027, across research, engineering, partnerships and strategic development.

The expansion comes two weeks on from Luma announcing a $900 million funding round led by Saudi Public Investment Fund-owned AI company Humain, which saw it hit a valuation upwards of $4 billion. The startup previously received backing from Nvidia. CNBC reports.


📊 Symbotic stock drops (SYM): Downgraded to sell at Goldman on valuation concerns

Symbotic stock price is under a bit of pressure early in the pre-market session, 6.21% lower following a shift in sentiment on a downgrade from Goldman Sachs, prompting scrutiny of its valuation and growth prospects.

The downgrade reflects concerns about the company's rich valuation in light of limited diversification of its customer base beyond Walmart.

The downgrade arrives after a period of substantial gains for the stock, which has surged 245% year-to-date leading in to this morning's pullback, fueled by broader market enthusiasm for automation and robotics-related assets.

However, Goldman Sachs' revised outlook suggests a more cautious perspective on the company's future performance and valuation sustainability. AskTraders reports.


🌫️ Cloudflare gains a new bull at Barclays: stock higher pre-market

Cloudflare (NET) received a boost today as Barclays initiated coverage with an Overweight rating, signaling confidence in the stock from here.

Markets have NET trading 2.97% higher in the pre-market at $203.05.

This bullish view arrives after Cloudflare's stock has experienced a recent pullback from highs.

The stock’s potential was acknowledged by Barclays, setting a price target of $235.

This target reflects the firm's belief in Cloudflare's ability to capitalize on key technological trends.

The analyst highlights Cloudflare's extensive reach, noting that it touches approximately 20% of the internet across a diverse range of accounts. AskTraders reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.


1) TAOP : Taoping Inc.
Total gain: +70.56%

2) MDB : MongoDB, Inc.
Total gain: +22.85%

3) CRDO : Credo Technology Group Holding Ltd
Total gain: +18.33%

4) ETHZ : ETHZilla Corporation
Total gain: +17.42%

5) CEP : Cantor Equity Partners, Inc.
Total gain: +14.72%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on December 1.
Stock Analysis reports.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) FLYE: Fly-E Group, Inc.
Total gain: +252.46%
The stock appeared to be moving on no notable news.

2) AHMA: Ambitions Enterprise Management Co. L.L.C
Total gain: +198.13%
The stock appeared to be moving on no notable news.

3) CNCK: Coincheck Group N.V.
Total gain: +143.21%
The stock appeared to be moving on no notable news.

Today’s Notable Earnings

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


LESL: Leslies
Q4 2025
After Market Close
Estimate: 1.220
Actual: N/A

PSTG: Pure Storage
Q3 2026
After Market Close
Estimate: 0.450
Actual: N/A

CRWD: CrowdStrike Holdings
Q3 2026
After Market Close
Estimate: 0.590
Actual: N/A

Today’s Economic Dates

Time (ET)/ Report/ Period

10:00 AM - Fed Vice Chair for Supervision Michelle Bowman testifies - N/A

Parting Thoughts

“The individual investor should act consistently as an investor and not as a speculator.”

– Benjamin Graham

Sourced in: The Top 25 Investing Quotes of All Time

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