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Nvidia aims to begin H200 chip shipments to China by mid-February, sources say
Nvidia plans to ship AI chips to China before Lunar New YearShipments contingent on Beijing's approval, sources sayTrump allows H200 sales to China with 25% fee, reversing Biden's ban Dec 22 (Reuters) - Nvidia NVDA.O has told Chinese clients it aims to start shipping its second-most power...Reuters
Tue, Dec 23
USD/JPY declines to near 157.00 as Japan warns against sharp currency moves
The USD/JPY pair attracts some sellers to around 157.00 during the early Asian session on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after Japanese officials warned against "one-sided and sharp" currency moves, raising fears of intervention.
Fxstreet
Tue, Dec 23
Novo Nordisk wins US approval for weight-loss pill
FDA approves Novo Nordisk's weight-loss pill Novo aims to regain market share from Eli LillyPill broadens potential patient poolBy Maggie Fick and Mariam Sunny Dec 22 (Reuters) - The U.S. Food and Drug Administration approved Novo Nordisk's NOVOb.CO weight-loss pill on Monday, giving the ...Reuters
Tue, Dec 23
Oracle Jumps 3%. Wells Fargo Sees More Than 40% Upside for Oracle as AI Pessimism Looks Overdone
Wells Fargo believes that recent weakness tied to worries over the AI trade have left Oracle undervalued. The bank reiterated its overweight stance on the software stock. Its $280 price target implies upside of 41% from Monday’s close. Shares of Oracle rose 3.34% to close at $198.38 on Monday.Shares
Tiger News
Tue, Dec 23
Italy regulator fines Apple $115 mln for alleged anti-trust violations through app
MILAN, Dec 22 (Reuters) - Italy's competition authority (AGCM) said on Monday it had fined U.S technology giant Apple AAPL.O and two of its divisions 98.6 million euros ($115.53 million) over alleged abuse of their dominant position in the mobile app market.The regulator said the group allegedly...Reuters
Mon, Dec 22
Uber, Lyft partner with Baidu for UK robotaxi trials next year
Dec 22 (Reuters) - Uber UBER.N and Lyft LYFT.O said on Monday they were teaming up with Chinese tech giant Baidu 9888.HK to launch driverless taxi trials in the UK next year, reinforcing the country's role as Europe's leading testbed for commercializing robotaxis.As part of the partnerships,...Reuters
Mon, Dec 22
Trump shook up global trade this year; some uncertainty may persist in 2026
Dec 22 (Reuters) - President Donald Trump's return to the White House in 2025 kicked off a frenetic year for global trade, with waves of tariffs on U.S. trading partners that lifted import taxes to their highest since the Great Depression, roiled financial markets and sparked rounds of negotiati...Reuters
Mon, Dec 22
China's Moore Threads rises on unveiling new AI chips
Shares of Chinese chip designer Moore Threads Technology 688795.SS, dubbed by analysts as "China's Nvidia", rise 4.2% to 692 yuan, set for the biggest one-day pct gain since Dec 11 after two straight session of fallThe Chinese graphics processing unit (GPU) chip designer on Saturday unve...Reuters
Mon, Dec 22
Labubu blockbuster ambitions have an M&A solution
HONG KONG, Dec 22 (Reuters Breakingviews) - Labubu has a growth problem. Parent Pop Mart’s 9992.HK falling share price has upped the pressure to milk its toothy plush doll’s viral success. With a market value of $37 billion in early December, the company wants to imitate Walt Disn...Reuters
Mon, Dec 22
Japan's Nikkei jumps on weaker yen, renewed AI optimism
TOKYO, Dec 22 (Reuters) - Japan's Nikkei share average jumped for a second day on Monday, buoyed by a weaker yen and renewed enthusiasm over artificial intelligence (AI) investments.The Nikkei 225 Index .N225 rose 1.8% to close at 50,402.39, after a 1% gain on Friday. The broad...Reuters
Mon, Dec 22
Italy's antitrust fines Apple for alleged abuse of dominant position with App Store
MILAN, Dec 22 (Reuters) - Italy's competition authority said on Monday it had fined U.S tech giant Apple AAPL.O and two of its units 98.6 million euros ($115.53 million) over alleged abuse of dominant position for the distribution of mobile applications for iOS users.The regulator said the group...Reuters
Mon, Dec 22
Japan's Nikkei jumps on weaker yen, renewed AI optimism
By Rocky Swift TOKYO, Dec 22 (Reuters) - Japan's Nikkei share average jumped for a second day on Monday, buoyed by a weaker yen and renewed enthusiasm over artificial intelligence (AI) investments.The Nikkei 225 Index .N225 soared 2% to 50,480.76 by the midday break, after a 1% gain on Friday...Reuters
Mon, Dec 22
Japan eyes $7 trillion household savings pile for fresh bond demand
Retail JGB sales jump in 2025 to their highest since 2007Finance ministry expanding scope of retail bondsInvestment trusts for 30-year JGBs launched as yields surgedBy Makiko Yamazaki and Junko Fujita TOKYO, Dec 22 (Reuters) - Japan is looking to the country's $7 trillion household savings ho...Reuters
Mon, Dec 22
Gold breaks $4,400 for first time on Fed rate-cut bets, silver hits new high
Gold hits all-time high of $4,400.29/0zSilver hits record high of $69.44/ozPlatinum hits over 17-year highPalladium hits near three-year highBy Sherin Elizabeth VargheseDec 22 (Reuters) - Gold jumped past the $4,400-per-ounce level for the first time on Monday, riding on growing expectations of furtReuters
Mon, Dec 22
Yen wallows near record lows on cautious BOJ stance despite intervention warnings
Japan officials say ready to "take appropriate actions" on yenYen sank to record low vs Swiss franc, near record low to euroYen bears emboldened by lack of hawkish signals from BOJ chiefBy Kevin Buckland TOKYO, Dec 22 (Reuters) - The yen languished near record lows to the euro and Swiss f...Reuters
Mon, Dec 22
Pressure mounts on Intel as political money hits the company
Intel’s stock rose 86% for the year after a rush of new money from the US government, Nvidia, and SoftBank, plus the hiring of a new CEO. But the company still entered 2026 without a single major outside customer for its foundry business, which continues to lose money. MorningStar analyst Brian Colello said Intel ended […]Cryptopolitan
Mon, Dec 22
Microsoft shifts toward cloud and cross-platform plans, Xbox suffers
Xbox is slipping far behind PlayStation and Switch, and the numbers look worse each quarter. The platform has been hit with layoffs, studio closures, price jumps and weak console sales. Many people inside the industry now say the brand is dying. Laura Fryer said in June that Microsoft seems to have “no desire or literally […]Cryptopolitan
Mon, Dec 22
