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How Chinese entities are already using Nvidia's powerful H200 AI chips
BEIJING, Dec 10 (Reuters) - U.S. President Donald Trump's move to allow exports to China of Nvidia's second-best artificial intelligence chip, the H200, will spur strong demand from the country's tech giants, research institutes, and its defence-industrial complex.
Reuters
Wed, Dec 10
CNFINANCE ANNOUNCES THE RESULTS OF ITS EXTRAORDINARY GENERAL MEETING
GUANGZHOU, China, Dec. 10, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced the results of its extraordinary general meeting of shareholders held at 22nd Floor, South ...PR Newswire
Wed, Dec 10
CNFINANCE ANNOUNCES THE RESULTS OF ITS EXTRAORDINARY GENERAL MEETING
GUANGZHOU, China, Dec. 10, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced the results of its extraordinary general meeting of shareholders held at 22nd Floor, South ...PR Newswire
Wed, Dec 10
ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say
BEIJING/SINGAPORE, Dec 10 (Reuters) - ByteDance and Alibaba 9988.HK have asked Nvidia NVDA.O about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.
Reuters
Wed, Dec 10
DIARY-Federal Reserve Events
Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025December 9-10 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) 2026January 27-28 (second day: sta...Reuters
Wed, Dec 10
RPT-ROI-AI masking the economy cuts both ways: Mike Dolan
By Mike Dolan LONDON, Dec 10 (Reuters) - The artificial intelligence boom once again shielded the stock market from the sharp macroeconomic edges of 2025. But there's a gnawing anxiety that the dominant AI theme could do the opposite next year - even as it overshadows the real economy.After t...Reuters
Wed, Dec 10
Destiny Tech100 jumps after report says top holding SpaceX is lining up blockbuster IPO
Shares of Destiny Tech100 DXYZ.N, a fund that invests in privately-owned technology heavyweights, climb 9.6% to $30.52 premarketElon Musk's SpaceX is pursuing an IPO next year, looking to raise more than $25 billion with a valuation over $1 trillion, Reuters reported on TuesdayAs of September 30...Reuters
Wed, Dec 10
GE Vernova shares rise after bullish 2026 revenue outlook, buyback boost
Dec 10 (Reuters) - Shares of GE Vernova GEV.N rose more than 8% in premarket trade on Wednesday after forecasting higher revenue for 2026 and a $4 billion increase in its share buyback program, driven by rising demand for its power equipment from data centers.Rising power consumption from artificial...Reuters
Wed, Dec 10
French biotech Abivax's shares climb on Eli Lilly bid rumors
Dec 10 (Reuters) - French biotech company Abivax's ABVX.PA shares jumped by 20% on Wednesday on market rumours that U.S. pharma giant Eli Lilly LLY.N might be interested in bidding for the business.The "share price movement is driven by speculation around a possible takeover," said Damie...Reuters
Wed, Dec 10
Braze jumps after raising profit, revenue forecasts
Shares of customer engagement platform Braze BRZE.O jump 15% to $35.20 premarketCo forecast FY 26 adj. EPS of 42-43 cents vs earlier range of 41-42 centsExpects FY 26 revenue of $730.5 mln-$731.5 mln vs previous forecast of $717 mln-$720 mlnCo's Q3 revenue of $190.8 mln beats analysts' estim...Reuters
Wed, Dec 10
Admission To Trading on The London Stock Exchange and Completion of Secondary Listing
PARIS, NEW YORK, and LONDON, Dec. 10, 2025 /PRNewswire/ -- The Generation Essentials Group ("TGE" or the "Company", NYSE and LSE: TGE) refers to its announcement published on December 5, 2025 relating to the approval by the UK Financial Conduct Authority (the "FCA") of ...PR Newswire
Wed, Dec 10
INDIA STOCKS-Indian stocks extend losses as investors await clarity on US rate outlook
By Bharath Rajeswaran and Vivek Kumar M Dec 10 (Reuters) - India's stock benchmarks extended losses on Wednesday on concern the U.S. Federal Reserve may signal a more hawkish 2026 outlook ahead of the expected rate cut later in the day.The Nifty 50 .NSEI the BSE Sensex .BSESN eased 0.32% each...Reuters
Wed, Dec 10
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Dec 10 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN closed 0.3% lower at 84,391.27, while the broader NSE index .NSEI declined 0.3% to 25,758, on concerns that the U.S. Federal Reserve may signal a more hawkish 2026 outlook after an expected rate cut later in the day. .BORUPEE: The Indian rupe...Reuters
Wed, Dec 10
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Dec 10 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN closed 0.3% lower at 84,391.27, while the broader NSE index .NSEI declined 0.3% to 25,758, on concerns that the U.S. Federal Reserve may signal a more hawkish 2026 outlook after an expected rate cut later in the day. .BORUPEE: The Indian rupe...Reuters
Wed, Dec 10
LIVE MARKETS-STOXX dips
STOXX 600 down 0.1%Eyes on Fed rate pathUS futures little changedWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX DIPS European shares traded with no clear direction ...Reuters
Wed, Dec 10
Abivax pops 19% on market talk about Eli Lilly takeover interest
Shares in French biotech company Abivax ABVX.PA up as much as 19% with two traders citing market speculation about potential takeover interest from Eli Lilly LLY.NAbivax and Eli Lilly were not immediately available for commentIf gains hold, Abivax will add 1.5 billion euros to its market value of 7...Reuters
Wed, Dec 10
J.P Morgan says EU media AI opportunities underestimated, fear overblown
J.P Morgan notes European media stocks' underperformance compared to the Stoxx 600, and attributes it to investors focusing on misplaced concerns while overlooking opportunitiesIt sees AI creating significant opportunities for these companies, not to cut production costs but to create more ambit...Reuters
Wed, Dec 10
TUI forecasts slower revenue, profit increases in 2026
TUI expects 2-4% revenue growth, 7-10% profit rise in 2026Shares fall 3.2% after conservative forecastCost cuts planned, focus on efficiency and profitabilityBy Joanna Plucinska and Emanuele Berro LONDON, Dec 10 (Reuters) - Europe's largest tour operator TUI TUI1n.DE on Wednesday gave a more...Reuters
Wed, Dec 10
GE Vernova shares surge on strong 2026 revenue forecast
Shares of power-equipment maker GE Vernova GEV.N climb nearly 7% to $667.2 before the bellForecast higher revenue for 2026 on Tuesday, compared with its 2025 expectations, on the back of strong demand, and boosted its buyback plan by $4 billionTurbine maker expects 2026 revenue between $41 billion a...Reuters
Wed, Dec 10
EMERGING MARKETS-EM assets firm up before potential Fed cut; Ukraine in focus
Stocks up 0.33%, currencies up 0.1%Ukraine clinches deal to swap GDP-linked warrantsChina real estate shares jumpBy Niket Nishant Dec 10 (Reuters) - Emerging market assets inched higher ahead of a widely expected interest rate cut by the Federal Reserve on Wednesday, while investors also monitor...Reuters
Wed, Dec 10
