U.S. stock futures r...from Irie

U.S. stock futures rise on increased rate cut optimism; Dell’s outlook impresses U.S. stock futures ticked higher on Wednesday as growing expectations of a Federal Reserve rate cut in December lifted market sentiment. As of 05:20 ET (10:20 GMT): Dow Jones Futures were up 140 points (+0.3%) S&P 500 Futures added 22 points (+0.3%) Nasdaq 100 Futures climbed 105 points (+0.4%) This follows Tuesday’s strong close, where all major Wall Street indices advanced for a third straight session. The Dow Jones posted its best performance since August, jumping nearly 665 points (+1.4%). #US# #Fed# #DowJones# #NASDAQ# #S&P500#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

USTEC - Analysis 1. Trends * Higher timeframe (1D & 4H) still down because price made lower highs and lower lows this week. * Short-term (1H–5M) is up because price is recovering from the 24,640 demand zone. * Market is in a pullback inside a bigger downtrend. Resistance: * 25,520–25,620 * 25,700–25,780 * 25,260–25,320 Support: * 25,140–25,100 * 24,960–24,900 * 24,700–24,640 3. Insights: * Price is reaching a sell area around 25,260–25,320. * Safe trade: Sell only if price rejects this zone with clear weakness. * Targets can be: 25,190 → 25,140 → 25,100 (50-point steps). * Avoid buys unless price breaks above 25,320 and retests. * As of now, sellers have better control on higher timeframe, so short is safer only after rejection.

Irie

Pound Sterling holds onto gains against US Dollar amid dovish Fed bets The Pound Sterling continues to outperform its major currency peers since the UK budget announcement. Goldman Sachs expects the Sterling’s rally to be short-lived due to dovish BoE expectations. Weak US labor market conditions bolster the case for an interest rate cut by the Fed next week. #Fed# #pound# #dovish# #UK# #BOE#

Irie

Meta in Talks to Buy Google Chips; NVIDIA Hit, Alphabet Surges Meta is discussing a multi-billion-dollar deal to buy Google’s AI chips (TPUs) for its data centers starting 2027, per The Information. Meta may also rent TPUs from Google Cloud as early as next year. If finalized, this would be Google’s first major move to sell TPUs externally, shifting it from internal-use chips to direct competition with NVIDIA. Google Cloud executives believe the strategy could capture up to 10% of NVIDIA’s annual revenue. Market reaction: NVIDIA −4.1% premarket, set to lose ~$180B in market cap. Alphabet +4%, on track toward a $4T valuation. Takeaway: A Meta–Google chip deal would be the first real threat to NVIDIA’s dominance in AI hardware. #meta #nvidia #alphabet #google

Irie