Oil The New Gold?… And Microsoft Pushes Back On AI Growth Report 12/3/25

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• 00:03

  Live in the Nezak Market site in the heart of New York City's Times Square, this is fast money.

• 00:07

  Here's what's on top tonight.

• 00:08

  Oil's time to shine.

• 00:10

  Black gold has been under pressure all year long,

• 00:12

  but one top market watcher says things could be about to change.

• 00:15

  He'll lay out the case for where things can go from here.

• 00:18

  And Microsoft's AI Ambitions, a tech giant denying a report, it is lowering software sales targets.

• 00:24

  But can the company keep pace with the rest of the hyperscalers?

• 00:26

  We'll debate that.

• 00:27

  Plus, Nvidia, Jensen Huang heads to DC,

• 00:30

  new laxer standards for auto emissions, in a big quarter for Macy's,

• 00:34

  but the retailer raising the red flag for the holidays and what's it mean for the stock

• 00:37

  as it trades near three-year highs.

• 00:40

  I'm Melissa Lee coming to you live from the studio at the NASAC on the desk tonight.

• 00:43

  Steve Grasso, Karen Feynman, Dan Nathan, and Guy Dami.

• 00:46

  And we start off with what might be an inflection point for the energy trade WTI crew pacing for its worst year

• 00:51

  since 2020 trading around the $60 handle for the better part of the year.

• 00:55

  Energy stocks have also been under pressure.

• 00:58

  The XLE and oil services ETF both lagging the broader markets in 2020.

• 01:02

  It's been a different story, though, for gold.

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