Listen to today’s podcast: https://www.youtube.com/channel/UC-nqwUyvLDEvs7bV985k-gQ
Stock Market Daily Podcast — December 3, 2025
Today’s podcast episode was created from the following stories:
4 reasons why Bitcoin is slogging through an epic plunge
By Joe Ciolli — December 2, 2025
Read the full story at Business Insider
Bitcoin has fallen more than 30% from its highs as multiple headwinds hit at once: a broader risk-off mood, rising concerns around the yen carry trade, fading retail dip-buying, and worries that a major corporate holder could be forced to sell. The selling in crypto and equities is feeding on itself, making the usual snap-back less likely. Deutsche Bank notes this downturn is increasingly tied to institutional and macro dynamics, not just retail speculation.
Bitcoin, crypto plunge accelerates as leveraged players (“treasuries”) like Strategy dump holdings
By Yves Smith — December 2, 2025
Read the full story at Naked Capitalism
Leverage is amplifying crypto’s slide, with “crypto treasury” models under strain as premiums compress and financing needs rise. Strategy has set a $1.4 billion reserve to cover dividends and interest, but metrics near key thresholds raise fears of forced selling if prices drop further. With policy shifts, regulatory pressure, and prior leveraged wipeouts in the backdrop, the rout could deepen as liquidity tightens.
XRP, Bitcoin on the Edge; Will Santa Abandon Nasdaq?
By Omkar Godbole — December 2, 2025
Read the full story at CoinDesk
Key technical levels are in play: XRP is holding make-or-break support near $2, while bitcoin tests a cluster of long-term supports including the 100-week SMA and a major Fibonacci retracement. A failure could shift focus to lower supports, while a reclaim of the 50-week SMA would bolster the bull case. A “hanging man” on Nasdaq’s monthly chart adds to caution, threatening hopes for a classic Santa rally.
IBM CEO says there is ‘no way’ spending trillions on AI data centers will pay off at today’s infrastructure costs
By Henry Chandonnet — December 2, 2025
Read the full story at Business Insider
IBM’s Arvind Krishna argues that at today’s costs, multi-trillion-dollar AI data center bets won’t generate adequate returns, citing massive capex, rapid chip depreciation, and financing burdens. He’s skeptical current tech will achieve AGI without a breakthrough, even as he sees near-term enterprise productivity gains from AI. The stance challenges bullish AI-infrastructure narratives and raises questions about capital efficiency across the sector.
Auto sector momentum likely to continue into 2026: Dipan Mehta
By Anupam Nagar — December 2, 2025
Read the full story at The Economic Times
GST cuts are fueling broad-based volume growth and improving margins for India’s auto majors like Maruti Suzuki, M&M, and TVS Motors, with optimism extending into 2026. Promoter block sales have had limited impact as markets absorb supply, and investors are eyeing strong December-quarter prints. The setup suggests continued sector resilience, aided by festive demand, new models, and benign input costs.
