China Blocks Nvidia Chips
According to Reuters, “Chinese regulators block ByteDance from using Nvidia chips, The Information reports”, the decision underscores GEOPOLITICS pressure on chip supply and could curb Nvidia sales in China while accelerating domestic AI‑accelerator adoption by cloud and social media firms. [Reuters](https://www.reuters.com/world/china/chinese-regulators-block-bytedance-using-nvidia-chips-information-reports-2025-11-26/)
Open-Model Surge
According to the Financial Times, “China leapfrogs US in global market for ‘open’ AI models”, the study finds OPEN-MODELS downloads rising for Chinese developers versus US firms, a shift that may reshape where innovation, tooling and governance for AI coalesce. [Financial Times](https://www.ft.com/content/8f187958-4461-42a3-90a8-3fecdb27155e)
Valuations Warning
According to the Financial Times, “‘Fomo’ is driving ‘stretched’ US tech valuations, ECB warns”, the European Central Bank cautions that investor FOMO around AI has inflated VALUATIONS and that a correction could pose broader market risks. [Financial Times](https://www.ft.com/content/82100215-18d0-4850-8dcd-d9745ad342d0)
Consumer confidence tumbles — According to Reuters, “US consumer confidence deteriorates in November” as the Conference Board said its index fell to 88.7 amid job and inflation worries and mentions of the recent government shutdown, raising recession risks and pressure on holiday spending. [Reuters](https://www.reuters.com/business/us-consumer-confidence-deteriorates-november-2025-11-25/)
Stocks rally on rate-cut hopes — According to AP, “U.S. stocks rise as Wall Street looks to add to its winning streak” as the S&P, Dow and Nasdaq climbed on growing bets of a December Fed rate cut and strong AI-led tech earnings, lifting risk appetite before the holiday-shortened week. [AP News](https://apnews.com/article/5d75e60a333fa9ba2931804403a77623)
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