Wall Street Breakfast Retail and tech earnings kick off December
19 snips
Nov 30, 2025 This week, tech giants like Salesforce and Kroger prepare to unveil their earnings. Black Friday online sales surged to a whopping $11.8 billion, showcasing the power of digital shopping. ChatGPT celebrates its third birthday, highlighting its rise and impact in the tech space. Meanwhile, Swiss voters strike down a proposed 50% inheritance tax for the wealthy, stirring political debate. Plus, the Fed signals an 85% chance of a rate cut this December, potentially shaping the market's future.
AI Snips
Chapters
Transcript
Episode notes
AI Shifts How Investors Value Salesforce
- AI has shifted investor focus from pure growth to concerns about CRM moats and long-term payoff of agent force.
- Market now weighs Salesforce's valuation, predictability, and AI tailwinds as a nuanced risk-reward tradeoff.
Use Earnings Week To Gauge AI Demand
- Watch the earnings calendar closely as multiple enterprise software names report early in the week including MongoDB, CrowdStrike, and Snowflake.
- Use these reports to gauge AI-driven demand and sentiment ahead of Salesforce and other big tech prints.
Fed Cut Odds And Data That Matter
- Markets price an 85% chance of a 25bp Fed cut on December 10th, the highest since Powell's last hawkish conference.
- Traders will watch newer data like preliminary Michigan sentiment to infer Fed direction beyond stale core PCE numbers.