Alphabet Gains on Report Meta to Use Its Chips; Russia, Ukraine Trade Fire | Bloomberg Brief 11/25

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US equity futures are down despite the recent rally, while Alphabet's shares rise on reports that Meta will use its AI chips. Meanwhile, Nvidia falls on this news, and the US and Russia are set to meet in Abu Dhabi amidst ongoing attacks between the two countries.

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Market impact analysis based on neutral sentiment with 75% confidence.

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US equity futures drag after stocks notched their biggest rally since May fueled by tech stocks. Alphabet shares climb after the Information reported that Meta is in talks to use Google's AI chips in their data centers; Nvidia falls on the news. US and Russian delegations are set to meet in Abu Dhabi as Moscow and Kyiv exchange attacks overnight. Priya Misra of JPMorgan Asset Management sees a December rate cut by the Fed. (Source: Bloomberg)

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