News
Important Only
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
OpenAI lifts its compute margin to 70% as it tries to reach profit
OpenAI’s compute margin is has hit 70%, according to The Information, which said the number rose from 52% at the end of 2024 and was roughly half of today’s level at the start of that same year. The rally comes while the company still reports no profit, even after being valued at $500 billion in […]Cryptopolitan
Mon, Dec 22
Tariff reversal forces new political and economic questions
A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs and forces refunds would cause what he called an “administrative problem,” since the government would need to return […]Cryptopolitan
Mon, Dec 22
South Korea prepares second phase of CBDC pilot focused on subsidy payments
The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies through digital currency. The CBDC project ultimately aims to enhance fiscal efficiency by curbing misuse and slashing administrative costs. However, the broader pushback […]Cryptopolitan
Mon, Dec 22
Stablecoins Get A Break? US Lawmakers Propose Tax Relief
Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. Related Reading: Bitcoin’s Quantum Debate Heats Up As Adam Back Challenges Nic Carter According to reports, the p...Bitcoinist
Mon, Dec 22
BREAKINGVIEWS-The Week in Breakingviews: What we learned in 2025
By Peter Thal Larsen LONDON, Dec 21 (Reuters Breakingviews) - Welcome back! At Breakingviews we prefer to look forward rather than back. But in this edition, the last of 2025, I’ll recap some of the key insights from the past 12 months. Thank you for reading. I hope you have a peaceful festive se...Reuters
Mon, Dec 22
Nvidia up; US launches review of co's chip sales to China, sources say
Shares of chipmaker Nvidia NVDA.O up 1.5% at $176.72 premarketUS launches review that could result in the first shipments to China of NVDA's second-most powerful chips, Reuters reports, citing sourcesTrump had said earlier this month he would allow sales of co's H200 chips to China, with the...Reuters
Fri, Dec 19
ECB policymakers not yet ready to take rate cut off the table
Markets see steady rates in 2026Policymakers warn about large growth, inflation risksSome still see downside risks FRANKFURT, Dec 19 (Reuters) - European Central Bank policymakers warned on Friday about oversized risks around their latest economic projections, making the case for caution in settiReuters
Fri, Dec 19
CoreWeave to join US Department of Energy's Genesis mission, shares rise
Shares of cloud infrastructure firm CoreWeave CRWV.O up 5.9% at $71.75 premarketCRWV to join U.S. Department of Energy's Genesis MissionGenesis Mission aims to accelerate discovery science, strengthen national security, and advance U.S. energy innovation through AI and supercomputingCoreWeave to...Reuters
Fri, Dec 19
Futures edge higher on tech rebound, Nike slumps on China pain
Futures: S&P up 0.2%, Nasdaq up 0.4%, Dow flat Dec 19 (Reuters) - U.S. stock index futures edged higher on Friday, as technology shares extended their rebound from a selloff earlier this week, while Nike tumbled after weak China sales weighed on its quarterly results.Nike shares NKE.N slumpe...Reuters
Fri, Dec 19
Yen creeps closer to intervention zone after BOJ rate decision
SINGAPORE/LONDON, Dec 19 (Reuters) - The yen fell sharply on Friday as traders drove it towards levels that could trigger official buying after the Bank of Japan raised rates but did not offer much of a hint over future hikes.Reuters
Fri, Dec 19
China's ByteDance agrees deal to hand control of TikTok US app to new joint venture
ByteDance retains 19.9% stake in new joint ventureOracle, Silver Lake, MGX among the major investorsDeal aims to address national security concerns, ensures US data protection, TikTok saysBy David Shepardson WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursd...Reuters
Fri, Dec 19
Japan holds economic view steady in monthly report
TOKYO, Dec 19 (Reuters) - The Japanese government revised down its view on public investment but largely kept its overall outlook on the economy intact in a monthly report published on Friday.In its monthly economic assessment, the government reiterated a cautiously optimistic view that the worldReuters
Fri, Dec 19
US launches review of advanced Nvidia AI chip sales to China, sources say
Trump administration move could pave way for Nvidia H200 chip sales to ChinaCommerce Department sends license applications for interagency reviewConcerns remain over chips boosting China's military and AI capabilitiesBy Alexandra Alper WASHINGTON, Dec 18 (Reuters) - U.S. President Donald Trum...Reuters
Fri, Dec 19
Nike’s China conundrum deepens as turnaround stagnates
Nike's China sales decline for sixth consecutive quarterCEO Hill admits need to reset China strategyCompetition from domestic brands Anta and Li-Ning intensifiesNike's stock down 13% this year, facing fourth consecutive annual declineBy Nicholas P. Brown and Juveria Tabassum Dec 18 (Reute...
Reuters
Fri, Dec 19
