Today: The U.S. stock markets closed broadly up yesterday although they remain below their all-time highs. Europe and China were broadly up this morning. US futures for the S&P 500 pointed to more gains before the opening bell.
Nvidia stock closed up nearly 4% after the Biden administration launched an investigation into the Chinese semiconductor industry — paving the way for the incoming Trump Administration to throw more roadblocks in front of foreign chip competition.
Cisco's John Chambers suggests doubling down on India, not China
Good morning. ‘Tis the season to ponder what might happen in the new year. For that, I decided to check in with John Chambers, CEO of JC2 Ventures and former CEO of Cisco. Having written a leadership book with John called Connecting the Dots, I know how curious and connected he is. Here are his 2025 predictions, which range from a good year for the U.S. stock market to a banner year for India:
“With India, you’re seeing a country in transformation and it's because of Prime Minister Modi's leadership. India was the last place I would go for innovation in the ‘90s or early 2000s but a great place to go for talent. When he came in, it moved to being the best place to do startups and innovation.”
