Stocks

On December 11, the U.S. Office of the Comptroller of the Currency issued a report on banks’ debanking of controversial sectors, signaling potential accountability measures for JPMorgan Chase, Bank of America and Citigroup. Bitcoin traded at $91,139.17 with a $1.82 trillion market cap, showing -1.10% over 24 hours and -21.22% across 90 days.

Filed on December 9, the Nicholas Bitcoin and Treasuries AfterDark ETF would trade only between the U.S. market close and the next day’s open. The fund would avoid spot Bitcoin and allocate at least 80% of its assets to futures, ETFs, ETPs and options. A backtest using a night‑only strategy on the iShares Bitcoin Trust ETF (IBIT) since January 2024 showed a 222% gain, compared with a 40.5% loss during daytime sessions, according to Bespoke Investment Group.

On Wednesday, Cisco’s stock reached $80.25, topping its split-adjusted high of $80.06 last set on March 27, 2000. The new peak puts the company’s market value at $317 billion, up 36% in 2025 versus the Nasdaq’s 22%. The advance follows CEO Chuck Robbins saying in November the company booked $1.3 billion in quarterly AI infrastructure orders.

On December 10 2025, Oracle reported fiscal second‑quarter cloud revenue of $7.98 billion, up 34%, and infrastructure revenue of $4.08 billion, with both figures coming in below analyst expectations. The company disclosed remaining performance obligation of $523 billion and capital expenditures of about $13 billion for the quarter, far above the $8.25 billion that had been modeled, prompting investors to question the pace and cost of its AI‑focused data center buildout. Oracle shares have fallen by about one‑third since September 10 and were down 11% in extended trading after the results, as management pointed to strong AI infrastructure demand from major clients including OpenAI, TikTok and Meta Platforms.

On Wednesday, Federal Reserve Chair Jerome Powell used a press conference to explain the rationale for a 25bps rate cut and to lay out a plan to buy roughly $40 billion in Treasury bills to keep bank reserves ample. He said tariff-driven goods inflation appears to be a one-off shift in the price level, while rising labor‑market risks now outweigh inflation concerns, opening the door to further easing. This policy pivot and the planned liquidity injections are viewed as creating a more supportive macro backdrop for Bitcoin and other digital assets heading into 2026, according to the press conference remarks.

Intel Corp., Advanced Micro Devices Inc., and Texas Instruments Inc. face five class-action suits in a Texas state court, Bloomberg reported. The filings claim their chips ended up in Russian weapons used in attacks between 2023 and 2025, and also name Mouser Electronics linked to Berkshire. Intel and AMD shares have shown limited reaction.

On December 9, 2025, a market update showed GameStop’s $500M Bitcoin purchase from May valued at $519.4M in Q3, down from $528.6M at Q2-end. The company reported $77.1M in Q3 profit on $821M revenue and said it made no additional BTC trades. Bitcoin hovered near $90,000, with an earlier $9.4M unrealized loss and roughly $19M gains.

On December 9, 2025, Strive, Inc., co-founded by Vivek Ramaswamy, filed to sell up to $500 million of Variable Rate Series A Perpetual Preferred Stock to build its Bitcoin reserves and fund broader corporate needs. The company held 7,525 BTC as of early November 2025 following a reverse merger with Semler Scientific and subsequent acquisitions. It plans to allocate proceeds across Bitcoin and bitcoin-related products, income-generating assets, capital expenditures, and potential debt repayment or acquisitions.

XRP exchange-traded funds have recorded 16 consecutive days of net inflows since Nov. 13. Aggregate assets have surpassed $1 billion, with $944.13 million attributed to products from Canary Capital, Grayscale, Bitwise and Franklin Templeton. 21Shares, CoinShares and WisdomTree are expected to launch XRP ETFs next, expanding institutional access.

On December 10, 2025, GE Vernova shares surged more than 11% to a record intraday high of $707.74 after the company raised its long-term revenue target to $52 billion and doubled its quarterly dividend to $0.50 per share. The company also expanded its share repurchase authorization to $10 billion and increased its 2025–2026 free cash flow guidance during its investor day.