Thanksgiving Break at US Markets – Global Stocks in Consolidation Mode After Fed Rate cut Bets – Amazon Drone Collision, SAP Builds an AI Block, ChatGPT Celebrates its Birthday - NVIDIA as a Buying Opportunity - Uber Robotaxis and Amazon's Billion-Dollar Offensive – Qualcomm with the new Chip - PayPal Transforms Perplexity into an AI Shopping Machine - DAX in Recovery Mode

Global Stocks consolidate after four-day rally The global stock markets are taking a breather, after an impressive four-day rally. This recovery is primarily fueled by increasing bets on a quicker and stronger interest rate cut by the US Federal Reserve (Fed). The MSCI All Country World Index remains stable, having reduced its monthly loss in November from nearly 4% to just 0.4%. The move reflects expectations that the Fed will lower its rates by a quarter point next month, with traders now even pricing in four cuts by the end of 2026 –...