Google's lawsuit, Kalshi's latest valuation, Eventbrite's exit: Stock Market News

Bitcoin has rebounded above $90,000 after a significant selloff, providing a momentary relief to investors who had witnessed a decline in the cryptocurrency market. This recovery comes after Bitcoin had previously lost nearly $1 billion in leveraged bets, raising concerns about market volatility.

Nvidia's dominant position in the AI chip market is facing scrutiny as its profit margins appear vulnerable, raising concerns among investors and analysts about the company's future performance. This situation is compounded by increasing competition, particularly from Google, which is making significant strides in the AI sector.

Nvidia's stronghold in the AI chip market faces challenges as its profit margins appear vulnerable, prompting scrutiny from investors and analysts. The company's recent performance has been overshadowed by increasing competition, particularly from Google, which is making significant strides in AI technology.

Bitcoin has experienced a significant decline of over 30% recently, with Ether also down approximately 40%. This downturn follows the evaporation of gains attributed to President Trump’s pro-crypto policies, marking a stark contrast to earlier bullish sentiments in the cryptocurrency market.

The Nasdaq Composite index experienced a decline today, reflecting broader concerns in the stock market, while Bitcoin showed signs of recovery after a recent downturn. ADP data indicated that the private sector lost 32,000 jobs in November, raising alarms about the labor market's health.

Equities experienced a notable rise driven by optimism surrounding potential interest rate cuts by the Federal Reserve (Fed), with Boeing's stock showing significant gains. This positive market sentiment reflects a broader recovery in investor confidence as expectations for a December rate cut increase.

Harvard University reported nearly half a billion dollars in cryptocurrency holdings just before a significant downturn in the market, particularly affecting Bitcoin, which has seen a loss of approximately 25% in November 2025. This downturn marks the worst monthly performance for Bitcoin since the 2022 collapse, raising concerns about the stability of crypto investments.

The S&P 500 index experienced a rebound, edging higher on Tuesday and coming within 1% of its record close set in October. This positive movement in the stock market coincided with Bitcoin's recovery from a significant selloff earlier in the week.