Morning Bid: AI buzzes but market shrugs at Nvidia beat

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Key Points

The mercurial world of artificial intelligence continues to grab most market headlines into the U.S. Thanksgiving holiday, while a temporary ceasefire in Gaza helped subdue already subsiding volatility gauges even further...

The darker reaches of the tech world were also unnerving as Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange...

With Nvidia the last mega cap to report in the Q3 earnings season, scorecards show the aggregate annual profit growth through the quarter running at more than 6% - more than four times consensus forecasts just six weeks ago and with more than 80% of firms beating the Street..

News of a drop in U.S. existing home sales last month to a 13-year low was perhaps as important as the Fed minutes - as was warnings from more major U.S. retailers, this time Best Buy and Nordstrom, about sticky holiday season sales and the need for discounting...

Even though crude oil prices have backed up lately ahead of the weekend OPEC meeting, there was continued good news for U.S. consumers at the pump - with average retail gasoline prices falling to their lowest level since January...

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