The S&P 500 and Nasdaq 100 posted small dips on Tuesday while the Russell 2000 lagged with a drop of 0.8%.

Your Evening Briefing

December 30, 2025

Stocks dip for third-consecutive day as Santa Claus rally stalls

The S&P 500 and Nasdaq 100 posted small dips on Tuesday while the Russell 2000 lagged with a drop of 0.8%. Minutes from the Fed’s December meeting showed that most of the Fed’s policymakers anticipate further rate cuts in 2026. Energy was once again the best performing sector.

Notable movers:

  • Meta moved higher on news that it will acquire AI startup Manus for more than $2 billion.
  • Nio climbed as China announced an extension of its trade-in subsidy to boost EV buying.
  • Molina Healthcare rose after "Big Short" investor Michael Burry called it a "generational buy.”

One of Dan Ives’ top 5 AI stocks for 2026 is Apple, despite its “invisible AI strategy”

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 As we look back on this eventful year that broke all the rules, we dug into our archives to find the charts and visualizations that we made to help break it all down for you, our dear readers.

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A 541% gain for Japanese chipmaker Kioxia makes it the “world’s best performing stock” this year.

That’s according to Bloomberg, which said Kioxia is the top performer in the MSCI World Index, a widely used benchmark for large and midcap stocks in developed markets.

Read more. 

  • Tesla-compiled estimates show Q4 deliveries expected to fall 15% from last year
    Tesla’s tally of analyst estimates for deliveries is lower than Bloomberg or FactSet’s.
  • Opendoor has erased all the gains made since September leadership changes as enthusiasm premium fizzles
    If you bought Opendoor stock when the company revealed that Shopify COO Kaz Nejatian was coming in to serve as CEO, you are underwater on that purchase.
  • SoftBank becomes OpenAI’s biggest backer after fully funding $40 billion investment
    Microsoft is now No. 2. 
 

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