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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
6 hours ago
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
6 hours ago
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
6 hours ago
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
6 hours ago
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
6 hours ago
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
7 hours ago
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
9 hours ago
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
11 hours ago
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
11 hours ago
Japan's 10-year bond yield hits 1999 high as BOJ hikes rates; tech leads Nikkei rally
TOKYO, Dec 19 (Reuters) - Japan's 10-year government bond yield jumped to a 26-year peak on Friday after the Bank of Japan raised interest rates to a three-decade high and signalled more policy tightening.The Nikkei share average .N225 rose, led by gains in artificial intell...Reuters
11 hours ago
Yen slips after BOJ raises rates in widely anticipated move
BOJ raises rates as expected, yen easesFocus turns to BOJ Governor Ueda's press conference at 0630 GMTEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook SINGAPORE, Dec 19 (Reuters) - The yen fell slightly on Friday after the...Reuters
11 hours ago
Are Bears Still in Control? Bitcoin’s (BTC) Shows Downside Signals Despite Fresh Inflows
Bitcoin’s (BTC) price action has entered a conflicted phase, with renewed institutional inflows clashing against clear signs of market stress. After peaking above $126,000 earlier this year, the world’s largest crypto has retreated sharply and is now trading more than 30% below its all-time high.Bitcoinist
16 hours ago
Elon Musk’s NASA chief ally says SpaceX rival Blue Origin might be picked for US lunar project Artemis
NASA’s new boss Jared Isaacman walked into the job on Thursday and wasted no time shaking both SpaceX and Blue Origin, saying the agency will choose the company that builds a working moon lander first.Cryptopolitan
16 hours ago
TikTok Says It Signed Agreements for New US Joint Venture, Bloomberg Reports
TikTok Chief Executive Officer Shou Chew told employees that the social media company and its parent, ByteDance Ltd., signed binding agreements to create a US joint venture majority-owned by American investors.Tiger News
16 hours ago
Meta's Mark Zuck announces new AI model Mango to compete with Sundar Google, Sam OpenAI
Mark Zuckerberg is pushing Meta straight back into the AI fight with Mango, a new image and video model that sits beside Meta’s next text model, Avocado, all built to take on Google’s new Gemini tools and OpenAI’s image systems. Meta wants both models in the first half of 2026, according to Alexandr Wang, the […]Cryptopolitan
16 hours ago
White House czar says crypto CLARITY Act set for Senate markup in January
The White House’s chief crypto and artificial intelligence policy official says that the Digital Asset Market Clarity (CLARITY) Act — historic legislation intended to clarify the regulatory authority applicable to digital assets — is slated for Senate markup early next year, representing a significaCryptopolitan
17 hours ago
