Amazon Announces New AI Chip, Costco Sue Trump Administration, AI’s M&A Impact 12/2/25

Breaking this hour: Amazon announcing new AI chips and models from its re:Invent conference in Las Vegas. Then, Costco sues the Trump administration seeking a tariff refund. More on the timing of that suit and how it relates to the upcoming Supreme Court decision. Plus, Guggenheim lays out its M&A playbook for the next year and how AI is changing the deal environment. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Nasdaq CEO Bob Greifeld weighs in on concerns over an AI Bubble, plus whether the drop in bitcoin should be taken as a market indicator. Then ChatGPT turns three. A look at its rise from disruptor to incumbent and what it means for the competition. And will the S&P 500 rally to 8K by the end of 2026? Deutsche Banks lays out the case. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

“Money Movers” provides investors with real-time analysis of the stories and the people attracting the attention of the markets each day. Capturing the energy of day’s early trading, the program includes the breaking news and numbers driving stocks and sectors, helping investors make critical decisions. “Money Movers” anchors speak with the CEOs, government decision-makers and newsmakers who play a relevant role in how money is moving. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

“Money Movers” provides investors with real-time analysis of the stories and the people attracting the attention of the markets each day. Capturing the energy of day’s early trading, the program includes the breaking news and numbers driving stocks and sectors, helping investors make critical decisions. “Money Movers” anchors speak with the CEOs, government decision-makers and newsmakers who play a relevant role in how money is moving. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

New reports say Meta is in talks with Alphabet to use Google’s AI chips in its data centers. Another catalyst for the company which is gaining traction in the AI trade. Then growing chances of a December rate cut. How comments from Fed officials are changing market sentiment. And Nvidia pushing back against claims of a shorter shelf life for its chips. A look at a private memo sent to wall street analysts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A new all-time high for Alphabet. How the stock is benefiting from the AI trade and what it means for the competition. Then the CEO of Tanger has a read on the consumer ahead of the holiday shopping season. Plus, Novo Nordisk shares fall following new trial data related to an Alzheimer's drug, while Eli Lilly tops a $1 trillion market cap. Citi breaks down what stocks to own. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

SEC Commissioner Mark Uyeda weighs in on the proposal to let 401(k) plans invest in private assets. Then the U.S. CEO of trading platform Webull reacts to quarterly results and how the recent spike in volatility and drop in bitcoin is impacting business. And the CEO of AI chipmaker Cerebras on President Trump’s executive order allowing the sale of the most advanced AI chips to the UAE and Saudi Arabia. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia and the rest of the market fail to hold on to post-earnings gains. Morgan Stanley lays out how they are thinking about the stock. Then the CEO of Liberty Media. His first broadcast interview since taking the job almost a year ago. Liberty Media owns and invests in several media, entertainment and sports assets - including Formula 1, MotoGP, and Live Nation. And the CEO of Fanatics, Michael Rubin. Breaking the news the company is going to get into prediction markets in the next few weeks.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Elon Musk and Jensen Huang take the stage at the U.S.-Saudi Investment Summit in Washington, DC. Outlining their visions for AI and cutting-edge tech. Then, the CFO of GM joins the show after presenting at a Barclays auto conference. His outlook on pricing and the impact of tariffs. Plus, the tech that Google used to build Gemini 3.0 could pose the biggest threat yet to Nvidia. Those details, this hour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Trump hosts Saudi Crown Prince Mohammed bin Salman at the White House. Looking to strike a number of investment deals. Plus, Citi’s Global Head of Tech breaks down how investors should be thinking about the market’s fears of an AI bubble. And the CEO of Medtronic reacts to results after raising guidance. The stock the top gainer on the S&P 500 in early trade. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.