Stocks Lower As Investors Continue Selling Spree

Dow falls more than 100 points to notch four losing days as year-end rally takes a breather (CNBC)

Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip (CNBC)

Investors are dumping their biggest winners this week, and buying losers (CNBC)

Upgrades and Downgrades Courtesy of CNBC (UPS) (American Airlines) (Norwegian Cruise Line)

Global Airlines Expect Record Passengers Flows in 2025 (Bloomberg)

Microsoft’s New Sales Pitch for AI: Spend Less Money on Humans (The Information)

Reddit to Launch AI-Powered Chatbot to Ward Off Search Engines (Bloomberg)

TSMC Revenue Jumps 34% in November in a Sign of AI Demand (Bloomberg)

Behind Bitcoin’s Rally Is a Simple Fact: Supplies Are Limited (WSJ)

Xiaomi Teases Tesla-Like SUV for Summer in Big EV Expansion (Bloomberg)