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On November 25, the three principal U.S. stock indices presented a mixed performance at the market opening. The Dow Jones Industrial Average saw a modest uptick of 0.28%, while the S&P 500 Index experienced a slight decline of 0.09%. The Nasdaq Composite Index also took a hit, dropping by 0.41%. In contrast, Google's shares surged by 2.6%, propelling it to a new all-time high and bringing its market capitalization within striking distance of the $4 trillion mark. Meanwhile, Nvidia's stock took a significant hit, plummeting over 4%, following news that Google's AI chip, TPU, had garnered purchase inquiries from Meta. AMD's shares also suffered, dropping more than 6%. On a brighter note, the majority of Chinese concept stocks witnessed an uptick, with Pony.ai soaring over 5%, Hesai Technology climbing more than 4%, although NIO experienced a slight dip, falling over 2%.
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