OpenAI Explores Massive Funding Round at $750 Billion Valuation 
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U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
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Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
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Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Wall Street’s main indexes dipped Monday as Nvidia plummeted following a Chinese antimonopoly investigation. Investors grew jittery ahead of critical U.S. inflation readings due midweek, raising questions about the Federal Reserve’s next steps and unsettling a technology sector already reeling from global regulatory pressures.
Nvidia Probe Sparks Wall Street Decline
On Monday, investors braced for pivotal inflation data later this week, and a fall in artificial intelligence (AI) leader Nvidia weighed on tech stocks, sending Wall Street's main indexes down, Reuters shares.
The information technology sector was hit hard when Nvidia was dragged down after the chipmaker was investigated by China's market regulator for possible violations of antimonopoly laws.
The Philadelphia Semiconductor Index took a hit as Advanced Micro Devices fell in value following a downgrade by BofA Global Research.
"The market was taken a bit by surprise regarding China's investigating (Nvidia) as a possible antimonopoly-law violation. So that's one thing that's putting a little damper on the market," said Sam Stovall, chief financial analyst at CFRA Research in New York.
Wall Street Indexes Plunge Amid Nvidia Fallout
Early estimates put the final tally for the S&P 500 at 6,053.68 points, down 35.69 points, or 0.60%, and the Nasdaq Composite at 19,736.69, down 123.08 points, or 0.62%. The Dow Jones Industrial Average dropped to 44,416.38 points, a decline of 226.14 points (or 0.51%).
As a result of Comcast's prediction that the communication services industry would lose over 100,000 broadband users in the fourth quarter, the stock price of the company fell.
There was a dramatic increase in Hershey stock price after news broke that Mondelez, the parent company of Cadbury, was considering buying out the chocolate maker. Mondelez stock dropped.
Inflation Data Looms Ahead of Federal Reserve Meeting
Before the Federal Reserve's meeting on December 17–18, investors are waiting for Wednesday's publication of the consumer price index (CPI) data set and Thursday's release of the producer price index (PPI).
Following Friday's statistics showing an increase in the unemployment rate to 4.2% in November, suggesting an improving labor market, the odds of a 25-basis-point rate drop at the next meeting surged to above 85%, Investing.com reports.
The Fed's Chair Jerome Powell was among several policymakers who warned against hastily loosening monetary policy in light of the economy's resiliency.
Trump’s Win Fuels Market Expectations for Pro-Business Policies
The two main Wall Street indices—the tech-heavy Nasdaq and the benchmark S&P 500—started December on a good note, with the former two gaining throughout the first week and the latter two ending slightly lower.
In November, U.S. equities surged following Donald Trump's victory and the party's control of both chambers of Congress. This set the stage for expectations of a more business-friendly policy agenda, which could explain the surge.
