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Is a rate cut next week a done deal? Bank of America’s Hartnett warns that if the Federal Reserve adopts a dovish stance and cuts rates, it could end the Christmas rally in U.S. stocks

Currently, Wall Street generally predicts that the Federal Reserve will cut interest rates by 25 basis points next week. Morgan Stanley, JPMorgan Chase, and Bank of America have all shifted to expecting a rate cut this week. Bank of America strategist Hartnett warned that overly dovish signals of rate cuts could convey misleading information, suggesting that the degree of economic slowdown is greater than the market expects, which could trigger a sell-off in long-term government bonds, subsequently affecting the stock market

Wallstreetcn·
US
MS
+0.67%
US
BAC
+0.13%
US
JPM
+1.27%
Wallstreetcn·
US
MS
+0.67%
US
BAC
+0.13%
US
JPM
+1.27%

Verizon Appoints Jennifer K. Mann to Human Resources Committee

Verizon Communications Inc. has announced the appointment of Jennifer K. Mann to its Human Resources Committee, effective December 4, 2025. This update was filed to specify her committee assignment, which was not detailed in an earlier report. The announcement was made via the EDGAR system by the U.S. Securities and Exchange Commission.

Reuters·
US
VZ
+1.45%
Reuters·
US
VZ
+1.45%

The 2027 Chevy Bolt Configurator Goes Live. It's A Tremendous EV Deal

The 2027 Chevrolet Bolt configurator is now live, allowing customers to explore options and pricing. The base model starts at $28,995, with the most expensive option being the Super Cruise Package at $3,255. The Bolt features a 210-horsepower motor, 255-mile range, and fast-charging capability. Production began last month, with the first units priced at $29,990. The Bolt is positioned as an affordable EV, with most sales expected in the low-$30,000 range.

InsideEVs·
US
GM
+0.80%
InsideEVs·
US
GM
+0.80%

REG - Schonfeld Strategic Alphawave IP Group Qualcomm Inc - Form 8.3 - Alphawave IP Group PLC

Schonfeld Strategic Advisors LLC disclosed its interests in Alphawave IP Group PLC and Qualcomm Inc, representing over 1% of relevant securities. The disclosure includes positions in ordinary shares and cash-settled derivatives, with a total of 9,136,807 shares at 1.15%. No indemnity or option arrangements were reported. The disclosure is part of Rule 8.3 of the Takeover Code.

London Stock Exchange·
US
QCOM
+0.10%
London Stock Exchange·
US
QCOM
+0.10%

AI Back-End Networks Continue Their Shift to Ethernet, Now Accounting for Over Two-Thirds of 3Q 2025 Switch Sales in AI Clusters, According to Dell'Oro Group

Ethernet now accounts for over two-thirds of AI back-end network switch sales in 3Q 2025, driven by demand from major AI cluster builders. Accton, Arista, and Cisco gained significant market share, while Celestica and NVIDIA lead with nearly 50% combined share. 800 Gbps switches dominate shipments and revenues. Dell'Oro Group's report provides detailed insights into market trends and vendor performance in AI back-end networks.

fidelity·
US
CSCO
+0.01%
US
CLS
+4.66%
US
NVDL
+4.15%
fidelity·
US
CSCO
+0.01%
US
CLS
+4.66%
US
NVDL
+4.15%
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