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Fed rate cut hopes are rising, Alibaba’s AI app drew more than 10 million downloads in a week

DeFi Daily News by DeFi Daily News
November 24, 2025
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Fed rate cut hopes are rising, Alibaba’s AI app drew more than 10 million downloads in a week
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Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international market news for November 24, 2025.

According to the CME’s FedWatch tool, hopes for a Fed rate cut in December are rising to over 75% after New York Fed President John Williams suggested that a December rate cut remains a possibility.

American AI faces a fresh new challenge from China as Alibaba’s Qwen app drew more than 10 million downloads in a week after the company’s relaunch. For more episodes of Morning Brief: Market Sunrise, please visit: https://finance.yahoo.com/videos/series/morning-brief-market-sunrise/
#youtube #stocks #china

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

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Tags: AlibabasappBondsbusinessCurrenciescutDownloadsDrewEquitiesfedFXhopesInvestingInvestmentMarketMarketsMillionMoneyNewsNYSEPersonal FinancePoliticsRateRisingSavingsStock marketstocksWeekYahoo FinanceYahoo FInance Premium
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