📈 Stocks / Finance

Dow climbs 225 as tariff case, AI rebound lift sentiment

CNBC

The Dow rose 225 points after SCOTUS signaled skepticism over Trump-era tariffs. AI stocks rebounded with AMD up 2.5% and Micron surging 9%. Ford, GM, and Caterpillar gained on tariff optimism. Strong ADP and ISM data boosted yields, tempering Fed cut hopes.

DoorDash stock drops 14% on earnings miss, rising investments

Investor’s Business Daily

DoorDash missed Q3 EPS estimates at $0.55 vs. $0.68 forecast despite 27% revenue growth. Shares fell over 14% as the firm projected higher 2026 investments and guided Q4 EBITDA below expectations. GOV beat forecasts at $25B, with Q4 midpoint outlook at $29.2B.

Teva surges 20% as Austedo outlook withstands IRA price cuts

Investor’s Business Daily

Teva reaffirmed 2027 Austedo sales above $2.5B despite IRA negotiations, sending shares up 20.2%. Q3 Austedo sales hit $618M vs. $560M est. Full-year guidance rose, while 2025 revenue outlook narrowed but EPS guidance increased on stronger innovative drug mix.

🪙 Crypto

Crypto slides as Trump tariff case hits Supreme Court

Yahoo Finance

Crypto markets fell as the Supreme Court began hearings on Trump-era tariffs. Bitcoin dropped 1% to $103K and Ethereum 5% to $3,362. ETF outflows since Nov. 3 exceed $1B. Uncertainty over potential 100% China tariffs continues to weigh on investor sentiment.

🌎 Global Economy

WEF flags AI, crypto, and debt as key global risk bubbles

WPN

WEF President Borge Brende warned that bubbles in AI, crypto, and global debt could destabilize the global economy. The alert follows tech stock declines and record debt levels, with Brende urging vigilance as market valuations and systemic risks diverge.

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