① OpenAI's Altman announced a "red alert" to improve ChatGPT; ② Boeing US stocks rose more than 3% in pre-market trading; ③ Google expanded the use of Gemini 3 and Nano Banana Pro in search.
U.S. stock index futures rose across the board in pre-market trading on Tuesday, while major European indices generally increased.
(Source: Investing.com)
With artificial intelligence AI-related technology sectors provided support for the overall market, with Oracle... Hebotong After the company rebounded in pre-market trading, reversing the previous day's losses, both stocks rose more than 1% pre-market. (AI chip) Nvidia, the leading company It also rose by nearly 1%.
U.S. stocks opened the week lower, ending a five-day winning streak on Monday. Recent risk aversion has put pressure on the bull market, with persistent inflation concerns, high valuations, and doubts about the returns on AI investments weighing on the market.
Nationwide Chief Market Strategist Mark Hackett said, "As the year draws to a close, the bulls continue to have the upper hand, driven by both technical and fundamental factors. From a technical perspective, December is typically a seasonally strong month, with stable inflows, improved risk indicators, the S&P 500 regaining its 50-day moving average, and increased market breadth, but overall sentiment remains at historically low levels."
“The short sellers’ logic is mainly based on concerns about the sustainability of the AI development boom and the problem of overvaluation,” Hackett said.
Bitcoin recovered some of its losses, but remains below $90,000.
The OECD said on Tuesday that the U.S. and global economies are expected to slow down next year as the effects of U.S. tariffs become fully apparent.
Boeing shares rose more than 3% in pre-market trading. The news came after Boeing stated that achieving its long-term cash flow target of $10 billion is feasible and anticipates that the U.S. Department of Justice's penalty decision will be postponed until 2026.
Company News
OpenAI's Altman announces "red alert" activation, will improve ChatGPT.
According to reports, OpenAI CEO Sam Altman informed employees in an internal memo that he would activate a "red alert" emergency to improve ChatGPT and planned to postpone other projects, such as the advertising business.
The report, citing sources familiar with the matter, stated that while OpenAI has not publicly acknowledged that it is advancing its advertising business, it is already testing various advertising formats, including online shopping ads.
Amazon Testing 30-minute delivery service in Seattle and Philadelphia
Amazon announced on December 1st (local time) that it is testing an ultra-fast delivery service called "Amazon Now" in parts of Seattle and Philadelphia, delivering packages to customers in approximately 30 minutes or less. Amazon Prime members enjoy discounted delivery fees, starting at $3.99 per order (compared to $13.99 for non-Prime members). Customers with orders under $15 will be charged a $1.99 order fee.
John Giannandrea steps down from Apple Head of AI Strategy, Microsoft Former executive takes over
Apple announced on December 1st that John Giannandrea, Senior Vice President of Machine Learning and Artificial Intelligence Strategy, will step down from his current position and serve as an advisor to the company until his retirement in the spring of 2026. At the same time, renowned AI researcher Amar Subramanya has joined Apple as Vice President of Artificial Intelligence. Subramanya will lead key areas including Apple's foundational models, machine learning research, and AI safety and assessment. Subramanya previously served as Corporate Vice President of AI at Microsoft and spent 16 years at Google, where he was the lead engineer for Google's Gemini assistant before leaving.
Google expands the use of Gemini 3 and Nano Banana Pro in search.
Google announced on December 1st (local time) that it will introduce the Gemini 3 model into Google Search's AI Mode in nearly 120 countries and regions. Starting today, Google AI Pro and Ultra subscribers can begin using Gemini 3 Pro. In addition, Google stated that it will also launch the generative image model Nano Banana Pro in AI Mode in more countries, with AI Pro and Ultra subscribers being the first to use it.
Samsung unveils its first tri-fold phone, the Galaxy Z TriFold.
Samsung announced the launch of its first tri-fold phone, the Galaxy Z TriFold, on December 2nd. It will be available in South Korea starting December 12th, with a starting price of 3,590,400 won (approximately US$2,500).
Goldman Sachs [Acquires Innovator, a leading provider of buffered ETFs, for nearly $2 billion]
Goldman Sachs announced on December 1 that it has reached an agreement to acquire Innovator Capital Management. As of September 30, Innovator managed 159 target-return ETFs with $28 billion in assets, enabling clients to achieve various objectives, including returns, target buffers, and growth strategies. The transaction is expected to be valued at approximately $2 billion.
Key events to watch in the US stock market (Beijing time)
December 3
00:30 US Treasury auction for the six weeks ending December 2
03:00 US President Trump makes a major statement
05:30 US API Crude Oil Inventories for the Week Ending November 28
(Article source: CLS)
