Morning Brew: ECB Cuts Rates, Lucid Eyes Partnerships, and Apple Updates Siri

GuruFocus12-12

S&P 500 futures are down 14 points, Nasdaq 100 futures are down 90 points, and Dow Jones Industrial Average futures are down 50 points. Early trading shows a negative trend after gains led by big tech...

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Early trading shows a negative trend after gains led by big tech...</p>\n\n<a href=\"https://www.gurufocus.com/news/2631374/morning-brew-ecb-cuts-rates-lucid-eyes-partnerships-and-apple-updates-siri\">Source Link</a>\n\n</div>\n","source":"gurufocus_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morning Brew: ECB Cuts Rates, Lucid Eyes Partnerships, and Apple Updates Siri</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorning Brew: ECB Cuts Rates, Lucid Eyes Partnerships, and Apple Updates Siri\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2631374/morning-brew-ecb-cuts-rates-lucid-eyes-partnerships-and-apple-updates-siri><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 futures are down 14 points, Nasdaq 100 futures are down 90 points, and Dow Jones Industrial Average futures are down 50 points. Early trading shows a negative trend after gains led by big tech...</p>\n\n<a href=\"https://www.gurufocus.com/news/2631374/morning-brew-ecb-cuts-rates-lucid-eyes-partnerships-and-apple-updates-siri\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1974910355.USD","symbol_name":"Allianz Thematica Cl AMg DIS USD","start_time":0,"source_url":"https://www.gurufocus.com/news/2631374/morning-brew-ecb-cuts-rates-lucid-eyes-partnerships-and-apple-updates-siri","article_id":"2491333355","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491333355","pubTimestamp":1734012008,"columns":[],"sourceInfo":{"source_id":"gurufocus_highlight","name":"GuruFocus"},"weMediaInfo":null,"summary":"S&P 500 futures are down 14 points, Nasdaq 100 futures are down 90 points, and Dow Jones Industrial Average futures are down 50 points. 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Early trading shows a negative trend after gains led by big tech stocks yesterday. Pre-market drops in some tech stocks and a rise in market rates contribute to this trend. The 10-year yield is at 4.30% and the 2-year yield is at 4.18%.The selling pressure in the Treasury market comes after a surprise 50 basis points rate cut by the Swiss National Bank, lowering its policy rate to 0.5%. Market sentiment might shift following the release of the U.S. November Producer Price Index at 8:30 ET.Today's NewsThe European Central Bank has reduced its interest rate by 25 basis points to 3.00%, marking its fourth cut this year. The ECB anticipates headline inflation to average 2.4% in 2024 and predicts a slower economic recovery than earlier projections. The interest rates on the deposit facility and other operations will be adjusted accordingly, effective December 18. This move is expected to gradually ease financing conditions, making borrowing cheaper for firms and households.Lucid Group (LCID) is in discussions with several automobile manufacturers about potential partnerships to supply technology and leverage economies of scale. The electric vehicle maker, known for its Lucid Air and the newly produced Lucid Gravity SUV, aims to support traditional car companies in their sustainability efforts. Lucid has a contract with Aston Martin for EV components, but the launch has been postponed to 2026 due to low customer interest.Apple (AAPL) saw a 0.5% rise in premarket trading following Citi's positive remarks on the iOS 18.2 update. The update integrates ChatGPT into Siri and introduces several new features. Analyst Atif Malik maintained a Buy rating for Apple, citing optimism for the upcoming iPhone 17 update and its potential impact on 2024 unit forecasts.Google (GOOGL) has launched new tensor processing units and AI models, which could enhance its cloud and advertising sectors. Despite a slight premarket dip, Google's shares have risen over 10% in the past week, buoyed by the release of its new quantum computing chip. The latest TPUs are more efficient and perform significantly better than previous versions, potentially setting Google apart in cloud services.Initial jobless claims in the U.S. rose by 17,000 to 242,000 for the week ended December 7, surpassing expectations. The four-week moving average also increased, reflecting a rise in continuing claims. This unexpected jump in jobless claims adds to the economic data influencing market expectations.Wells Fargo has expressed a positive outlook on restaurant stocks as 2025 approaches, naming McDonald's (MCD) as its top large-cap pick. The firm notes improving traffic and pricing dynamics, predicting a return to growth in U.S. comparable sales. Chipotle (CMG) also received a boost in estimates following a national price increase.Vertiv Holdings (VRT) was rated Equal Weight by Barclays, which noted the company's growth prospects in the data center power and cooling systems sector. While Vertiv is expected to outgrow the industry average, its current valuation is seen as reflecting this potential growth.Nvidia (NVDA) faced a setback as the U.S. Supreme Court declined to hear its appeal in a securities fraud lawsuit related to its cryptocurrency market sales. The decision allows the class-action lawsuit to proceed, with Nvidia accused of misleading investors about its sales dependencies.GuruFocus Stock AnalysisBooz Allen Hamilton: A Vital AI Defense Contractor for the West by Oliver RodziankoWall Street Analysts Issue Key Upgrades and Downgrades on Major Stocks by Nauman khanNVIDIA's Legal Setback: Supreme Court Allows $1 Billion Class-Action to Proceed by Nauman khanNVIDIA Crushes Rivals: Secures Unprecedented 90% of GPU Market in Q3 2024 by Nauman khanTesla Hits $418 High Amid China Demand Boom and $30K Model Rumors by Muslim Farooque","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491333355"}