Alphabet shares climbed nearly 30% this quarter following the November 18 release of Gemini 3 and the Ironwood TPU chip. Nvidia and Microsoft stocks declined during the same period. Wells Fargo analysts report that Gemini and TPU-linked stocks now trade at a premium over ChatGPT and GPU-related equities for the first time in nearly a decade.

American Bitcoin (ABTC) shares fell 51% within 30 minutes on December 2, triggering multiple trading halts. The mining company, co-founded by Eric Trump, declined as Bitcoin retreated more than 30% from its October peak. The previous day saw nearly $1 billion in leveraged crypto positions liquidated across the market.

Anthropic tested AI agents on 405 real-world smart contracts and simulated $550.1 million in stolen cryptocurrency. Newer models exploited 34 contracts deployed after March 2025 for up to $4.6 million, with Opus 4.5 leading at $4.5 million. The agents also discovered two previously unknown zero-day vulnerabilities in live contracts worth $3,694 in test revenue.

Hedge fund manager Michael Burry described Tesla as "ridiculously overvalued" in a Substack post published Sunday, citing the company's trading multiple of 209 times forward earnings. Burry highlighted concerns about shareholder dilution, noting that Tesla dilutes its stock by 3.6% annually through compensation without offsetting buybacks. He warned that Elon Musk's $1 trillion pay package, approved by shareholders last month, will exacerbate the dilution.

Nvidia purchased $2 billion worth of Synopsys shares at $414.79 each on Monday, deepening a partnership aimed at accelerating chip design through GPU-powered workflows. Synopsys stock rose 4% following the announcement, while Nvidia gained 1%. The collaboration targets compute-intensive design tasks, aiming to reduce weeks-long processes to hours using accelerated computing platforms.

Chainalysis has rejected Binance's analysis claiming illicit trading volume at seven major crypto exchanges ranged between 0.018% and 0.023%. The blockchain analytics firm stated Binance conducted the analysis internally using select Chainalysis data while excluding key crime categories including ransomware and stolen funds. The dispute emerges as Binance continues managing consequences from its $4.3 billion U.S. penalty in 2023.

Bank of America has identified Nvidia, Palantir Technologies, and Robinhood Markets as leading buy-and-hold investments heading into year-end. The firm cited Nvidia's dominance in AI chips with EPS growth potential exceeding 40%, according to Bank of America analysts. Palantir's customer count increased 45% year over year, while Robinhood shares have surged 245% year to date.

Bitcoin has declined 28% from its October all-time high of $126,000 to approximately $91,000, marking its steepest monthly drop since June 2022. The downturn reflects institutional selling through ETFs, declining stablecoin market capitalization, and increased profit-taking by long-term holders. No immediate catalyst for recovery has emerged ahead of the December 9 FOMC meeting.

Markets delivered a broad rally during Thanksgiving week, with Bitcoin climbing over 7% to surpass $90,000 and the S&P 500 gaining 3.7% in its strongest weekly performance since May, data show. The advance persisted despite a rare Chicago Mercantile Exchange trading halt caused by a data center cooling failure. Federal Reserve rate cut expectations and Alphabet's unveiling of a new AI model fueled gains across stocks, bonds, commodities, and digital assets.