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Elliott takes over $1 billion stake in Lululemon, source says
Elliott's stake in Lululemon is over $1 billionActivist sees former Ralph Lauren exec as potential Lululemon CEO Elliott is now one of Lululemon's biggest investorsBy Svea Herbst-Bayliss and Shivani Tanna Dec 17 (Reuters) - Activist investor Elliott Management has amassed a stake of more ...Reuters
Thu, Dec 18
JGB yields edge up ahead of BOJ's policy decision
TOKYO, Dec 18 (Reuters) - Japanese government bond (JGB) yields edged higher on Thursday as investors awaited signals on future interest rate hikes from Bank of Japan Governor Kazuo Ueda's comments at his post-policy meeting news conference on Friday.The 10-year JGB yield JP10...Reuters
Thu, Dec 18
Japan's Nikkei ends at 3-week low on tech selloff over AI-business outlook
TOKYO, Dec 18 (Reuters) - Japan's Nikkei share average ended at a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre businesses. The Nikkei .N225 fell 1.03% to 49,001.5, its lowest close...
Reuters
Thu, Dec 18
Micron shares up 12% in Europe after blowout forecast
Dec 18 (Reuters) - Micron Technology's MU.O Frankfurt-listed shares soared almost 12% in early European trading on Thursday following an upbeat forecast from the U.S. computer memory chip maker.Micron predicted second-quarter adjusted profit at nearly double Wall Street expectations, as prices s...Reuters
Thu, Dec 18
Ukrainian negotiators to meet US team on Friday, Saturday, Zelenskiy says
KYIV, Dec 18 (Reuters) - Ukrainian peace negotiators are en route to the United States and plan to meet the U.S. negotiating team on Friday and Saturday, President Volodymyr Zelenskiy said on Thursday. Zelenskiy told reporters in a WhatsApp media chat that there were no final aligned peace proposalReuters
Thu, Dec 18
EU leaders to agree Ukraine financing in 2026-27, Belgium's approval key
EU leaders aim to counter Trump's 'weak' Europe claim with Ukraine support planBelgium seeks indefinite guarantees against potential Russian legal claimsEU debates financing options amid strained national budgets and Hungary's vetoBy Jan Strupczewski and Andrew Gray BRUSSELS, Dec ...Reuters
Thu, Dec 18
US consumer prices likely posted largest annual increase in 1-1/2 years in November
Consumer price index is forecast increasing 3.1% year-on-year in NovemberNo monthly inflation rates will be published after government shutdown prevented collection of data for OctoberLimited CPI values for October will be availableBy Lucia Mutikani WASHINGTON, Dec 18 (Reuters) - U.S. consumer prReuters
Thu, Dec 18
Trump expected to address potential easing of marijuana regulations on Thursday
Trump considers executive order to reclassify marijuanaCannabis stocks rise on potential policy changeIndustry optimistic about federal marijuana reschedulingBy Trevor Hunnicutt WASHINGTON, Dec 17 (Reuters) - President Donald Trump is expected to address the potential loosening of federal regulat...Reuters
Thu, Dec 18
Bitcoin’s Make-or-Break Phase Begins: Weekly Support Holds, Momentum Fades
Bitcoin has entered a critical make-or-break phase as price clings to key weekly support while momentum continues to fade. Despite holding above a major confluence zone, repeated rejections overhead suggest buyers are losing control. With macro pressure building and liquidity levels still untested, ...NewsBTC
Thu, Dec 18
With freebies, OpenAI, Google vie for Indian users and training data
Gemini, ChatGPT see surge in downloads and daily users in IndiaFree AI trials aim to create user reliance and fill data gapsChatGPT has 73 million daily users in India, twice its US base, Sensor Tower saysAI firms hope to leverage India's linguistic diversity for training dataBy Munsif Vengattil...Reuters
Thu, Dec 18
Japan's Nikkei slips to 3-week low on tech sell-off over AI-business outlook
By Junko Fujita TOKYO, Dec 18 (Reuters) - Japan's Nikkei share average slipped to a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre businesses. The Nikkei .N225 was down 1.4% at 48,830.26, as of 0120...Reuters
Thu, Dec 18
Oil rises as Trump's Venezuela blockade takes edge off global crude surplus concerns
Trump orders blockade on tankers under sanctions entering and leaving VenezuelaThere is uncertainty around implementation of Trump's blockadeUS crude stocks fell last week, but fuel inventories rose more than expected: EIABy Laila Kearney NEW YORK, Dec 17 (Reuters) - Oil prices rallied by mor...Reuters
Wed, Dec 17
MetaX soars 700% in debut as China AI chips push lures investors
Debut follows IPO 4,000 times oversubscribed by retail investorsAI chip firms in funding rush as China seeks to cut US relianceFund managers warn about "forth" in share prices SHANGHAI, Dec 17 (Reuters) - MetaX Integrated Circuits jumped 700% in its Shanghai market debut as the Chinese AI...Reuters
Wed, Dec 17
Amazon in talks to invest about $10 billion in OpenAI, source says
Amazon could invest $10 billion in OpenAI, talks are "fluid" Amazon's funding could value OpenAI at over $500 billonTalks underline OpenAI's ability to partner widely after restructuring Dec 16 (Reuters) - Amazon.com Inc AMZN.O is in talks to invest in ChatGPT-maker OpenAI in a p...Reuters
Wed, Dec 17
China and HK stocks edge higher, poised to snap two-day losing streak
SHANGHAI, Dec 17 (Reuters) - Mainland China and Hong Kong stocks edged higher on Wednesday, poised to break a two-day losing streak, as investors assessed delayed U.S. economic data for clues on the Federal Reserve's policy path next year. At the midday break, the benchmark Shanghai Composi...Reuters
Wed, Dec 17
California regulator puts Tesla sales suspension order on hold
DMV says 90-day stay is to give Tesla time to remedy situationStay comes immediately after DMV ordered 30-day sales suspensionDMV had accused Tesla of overstating self-driving capabilitiesBy Abhirup Roy and Chris KirkhamSAN FRANCISCO, Dec 16 (Reuters) - A California regulator has deferred an order f...Reuters
Wed, Dec 17
