It was another big week for the markets. Here is a recap of some of the biggest news for the week of December 2.
Bitcoin (BTC-USD) topped $100,000 for the first time. Part of the reason for the surge was enthusiasm over President-elect Trump’s pick of Paul Atkins to lead the Securities and Exchange Commission. Hear more from:
MicroStrategy executive chairman Michael Saylor
The Digital Chamber Founder Perianne Boring
Senator Kirsten Gillibrand (D-NY)
Former Chair of the FDIC Sheila Bair
Intel (INTC) announced on Monday that CEO Pat Gelsinger was retiring effective December 1. The company’s shares have been pummeled as investors view the chip company as falling behind in the AI race. Get reaction from:
Bloomberg Intelligence senior tech industry analyst Mandeep Singh
Citi head of US semiconductor research Christopher Danely
Futurum Group research director Olivier Blanchard
The US added 227,000 jobs in November. The unemployment rate ticked higher, however, to 4.2%. The report fueled investor hopes for a Fed rate cut later this month. Hear expert reaction from:
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Interactive Brokers chief strategist Steve Sosnick and Citi senior global economist Robert Sockin
US Department of Labor Acting Secretary Julie Su
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