Stock Market Summary – December 09, 2025

Eli Lilly plans to invest $6 billion in a new production facility in Alabama that will manufacture its promising experimental obesity pill and other drugs. The factory will begin operations in 2032 and will result in 450 new local jobs, in addition to 3,000 jobs for the construction phase.

U.S. President Donald Trump’s decision permitting tech giant Nvidia to increase its semiconductor sales to China has drawn criticism from Republicans concerned about advantaging Beijing in the ongoing AI race. The potential arrangement would let Nvidia sell its H200 AI chips to China, with the U.S. government reaping 25% of the sales. However, the decision is seen as a threat to U.S.’s hardware advantage and potentially assisting China’s military capabilities.

Vietnam’s stock market has gained significant popularity in 2025 with 62% surge in the VanEck Vietnam ETF (VNM), outpacing the 31% gain in the iShares MSCI China ETF (MCHI). The performance has also exceeded that of other emerging markets as the VNM year-to-date gain is twice the iShares MSCI Emerging Markets ETF’s (EEM) 30% increase. The impressive growth in the Vietnamese market was largely fueled by domestic reforms and trade developments.

Walmart’s move to list its common stock on Nasdaq, previously listed on the New York Stock Exchange, is seen as a strategic shift toward being recognized as a technology-powered, e-commerce corporation. The consistent push toward incorporating artificial intelligence (AI) in its business model is believed to signify the transition of the retail giant. Walmart’s data, AI, and automation drive, particularly in its fast-growing advertising business, is seen as focal to its “people-led, tech-powered” storyline.

Campbell’s stock dropped by nearly 6% after it reported a 3% decrease in net sales from the previous year, hitting $2.68 billion. The food company’s adjusted earnings also fell by 13% year-on-year to 77 cents per share, but both figures exceeded Wall Street’s predictions. Exxon Mobil also made a noteworthy midday move with a 2.7% jump in its stock. The oil giant predicts $25 billion in earnings growth and $35 billion in cash flow growth between 2024 and 2030. Other significant movers included Gogo which dropped 10% following its investment in satellite communications company Farcast, as well as SLM, also known as Sallie Mae, dropping 16% due to less than optimal investor meeting outcomes.