News
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iPhone 17 Will Drive Record Apple Shipments in 2025, IDC Says
Apple will hit a record level of iPhone shipments this year driven by its latest models and a resurgence in its key market of China, research firm IDC has forecast.The company will ship 247.4 million iPhones in 2025, up just over 6% year-on-year, IDC forecast in a report on Tuesday. That’s more than
Tiger News
Wed, Dec 3
UBS upgrades Stellantis to 'buy' on 'American comeback'
UBS upgrades Stellantis STLAM.MI to "buy" from "neutral", expecting 2026 comeback in North AmericaThe brokerage expects a 3 billion euros ($3.49 billion) increase in adj. operating income from North America next year, thanks to cost cuts and an updated business mix benefiting from le...Reuters
Wed, Dec 3
AI companies' safety practices fail to meet global standards, study shows
Dec 3 (Reuters) - The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life Institute's AI safety index released on Wednesday.The institute said the ...Reuters
Wed, Dec 3
SNB expected to avoid negative rates despite inflation downturn
ZURICH, Dec 3 (Reuters) - The Swiss National Bank will stick to its 0% interest policy next week and well into 2026 rather than opting for negative rates, economists said on Wednesday, despite inflation slipping below expectations to the bottom end of the SNB's target range.Swi...Reuters
Wed, Dec 3
Wall St futures edge higher on rate cut hopes, data in focus
Dec 3 (Reuters) - U.S. stock index futures edged higher on Wednesday as investors priced in a high chance that the Federal Reserve will cut interest rates this month and awaited a fresh set of economic data. Wall Street rebounded on Tuesda...Reuters
Wed, Dec 3
Bitcoin Bubble Worse Than Tulip Mania, Claims ‘Big Short’ Michael Burry
Michael Burry has escalated his long-running war on Bitcoin, calling it “the tulip bulb of our time” and insisting it is “not worth anything.” Speaking on Michael Lewis’ “Against the Rules: The Big Short Companion” podcast released on December 2, Burry recoiled at how normalized such valuations haveBitcoinist
Wed, Dec 3
China's services growth slips to 5-month low in November, private PMI shows
China's services PMI falls to 52.1, lowest reading since JuneGrowth in new orders slows, export business reboundsJob shedding continues, business sentiment at lowest since AprilBy Liangping Gao and Ryan Woo BEIJING, Dec 3 (Reuters) - China's services activity expanded at its slowest pace ...Reuters
Wed, Dec 3
Japan's Nikkei rises as tech shares track Wall Street higher
By Junko Fujita TOKYO, Dec 3 (Reuters) - Japan's Nikkei share average rose on Wednesday, as tech stocks tracked Wall Street's overnight gains on growing prospects of a U.S. interest rate cut this month.The broader Topix index .TOPX fell, as banks lost ground after a sharp rally driven by ...Reuters
Wed, Dec 3
USD/JPY remains on the back foot below 156.00; BoJ-Fed policy divergence favors bears
The USD/JPY pair struggles to capitalize on the previous day's move higher to levels beyond the 156.00 mark and edges lower during the Asian session on Wednesday. Spot prices currently trade around the 155.75 region, though the downtick lacks follow-through or a bearish conviction.
Fxstreet
Wed, Dec 3
Anthropic plans an IPO as early as 2026, FT reports
Anthropic has engaged Wilson Sonsini to prepare for potential IPO, according to FTAnthropic, based in San Francisco, says it has yet to decide any listing plansRival OpenAI has also signaled plans for a potential IPOAnthropic aims to nearly triple annualized revenue in 2026 Dec 2 (Reuters) - AnthReuters
Wed, Dec 3
Gold rebounds on Fed cut expectations; silver hits record high
Gold fell 1% on Tuesday89% chance of Fed rate cut in December - CME FedWatchTrump says plan to announce Fed Chair pick early next yearBy Ishaan Arora Dec 3 (Reuters) - Gold regained ground on Wednesday as investors clung to expectations of a Federal Reserve rate cut, with a raft of U.S. data this
Russia says no Ukraine compromise reached after five-hour Putin talks with Trump envoys
Putin speaks to Witkoff and Kushner for five hoursKremlin says no compromise reached but talks constructiveKremlin says Russia and U.S. did not agree on territory Zelenskiy warns against dealing behind Ukraine's back Trump says the war is 'a mess'By Guy Faulconbridge, Anton Kolodyazhnyy ...Reuters
Wed, Dec 3
