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Premarket Movers | Braze Rallies 13%; Nuclear Stock GE Vernova Gains 6%; iRobot Pops Another 6%; Palantir Rises 1.5%; GameStop Sinks over 6%
Braze, Inc. stock rallied about 13% in premarket trading after the company released its third-quarter earnings report, beating the analyst revenue estimate and raising its fiscal 2026 guidance.GE Vernova Inc. said on Tuesday it expects higher revenue in 2026, compared with its forecast for 2025, on ...Tiger News
Wed, Dec 10
PRECIOUS-Gold steady ahead of Fed rate cut decision; silver extends rally above $60
Silver hits record high of $61.61/ozSilver crossed $60/oz for the first time on TuesdayFed rate cut decision due at 1900 GMT todayBy Pablo Sinha Dec 10 (Reuters) - Gold prices were little changed on Wednesday ahead of an anticipated Federal Reserve rate cut, with investors awaiting comments from...Reuters
Wed, Dec 10
Premarket Movers | DXYZ Soars 11% and EchoStar Gains over 6% After SpaceX to Pursue 2026 IPO Raising Above $30 Billion
Destiny Tech100 Inc rose 11% in premarket trading, EchoStar jumped over 6%. SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of ...Tiger News
Wed, Dec 10
GLOBAL MARKETS-Stocks recoil as nerves mount ahead of Fed decision, key AI earnings
European stocks, S&P futures flatFed seen cutting 25bps, focus on dots and Powell Yen shaky after stumble takes it to record low on euroSilver bursts above $60 an ounceBy Amanda Cooper LONDON, Dec 10 (Reuters) - Global stocks dipped on Wednesday as crunch time neared for a divided Federal Res...Reuters
Wed, Dec 10
Alibaba Establishes New Unit to Expand Consumer Usage of Qwen AI Models
Alibaba Group Holding announced on Tuesday the formation of a new division dedicated to advancing consumer utilization of its artificial intelligence applications, built on the Qwen family of large language models.The newly created division, named the Qwen Consumer Business Group, will be headed by ...Tiger News
Wed, Dec 10
ActusRayPartners, a Quantitative Hedge Fund Manager, Secures Double Victory at the HFM European Performance Awards 2025
On 25 November 2025, ActusRayPartners won two prestigious awards at the HFM European Performance Awards 2025: 1) “European equity”, and 2) “Market-neutral”. These two accolades recognize the outstanding performance of the ActusRayPartners European Alpha Fund from 1 July 2022 to 30 June 2025. ActusRayPartners is a quantitatively oriented but ultimately discretionary hedge fund manager seeded and supported by Sun Hung Kai Capital Partners, the funds management platform of Sun Hung Kai & Co. Limited (“SHK & Co.”, SEHK: 86). Established in 2019, ActusRayPartners has achieved significant growth, with its assets under management (AUM) increasing over 100 times to surpass US$2 billion as of 30 November 2025.As equity markets advanced over the performance assessment period, it is a significant achievement that ActusRayPartners’ equity market-neutral work (which carries near-zero beta) was strong enough to win against both equity long-short (which often carries approximately 50% beta) and equity market-neutral peers in the same evaluation window. Since the “Market-neutral” category was introduced at the HFM European Performance Awards, no other hedge fund manager has won both best equity long-short and best equity market-neutral in the same year. Additionally, no other Asia-based manager has won either of these two categories for, at least, the past decade+. “As a Hong Kong-headquartered asset management company, we are proud that our European strategy has been consistently recognised since its inception in March 2021, including winning an award in each of the past three years. We believe these awards reflect the strength of our Discretionary Probabilistic Investing process and the dedication of our team,” said the Co-Founders of ActusRayPartners.Tony Edwards, Executive Director and Deputy CEO of SHK & Co., commented: “Congratulations to the ActusRayPartners team on their remarkable double win at the HFM Performance Awards! To win in both the Equity Market-Neutral and Equity Long-Short categories is a significant achievement and a testament to their expertise and disciplined strategy. As a long-term seeding partner, we take great pride in their tremendous growth since our collaboration began five years ago. At SHK & Co., we remain dedicated to support and empower specialist emerging asset managers across Asia, helping them thrive in dynamic markets. ActusRayPartners exemplifies this partnership and commitment.”The HFM European Performance Awards is highly regarded in the hedge fund industry, honouring excellence in various categories such as fund performance, operational capabilities, and service providers. Organized by HFM Global, a leading source of hedge fund intelligence, these awards have a long history of celebrating firms that demonstrate exceptional performance and innovation. – End –About ActusRayPartnersActusRayPartners is a Hong Kong-headquartered asset management company equally co-founded by Andrew Alexander, Raymond Chan, and Patrick Cheung in 2019. Several members of the team previously worked together in the Quantitative Hedge Funds division of Macquarie Group. Today, ActusRayPartners comprises 36 members across Hong Kong and Sydney, managing over US$2 billion (as of 30 November 2025) across Europe and Asia.ActusRayPartners employs a Discretionary Probabilistic Investing process which is a synthesis of: (1) a quantitative base, and (2) discretionary adjustments to address quantitative deficiencies. The quantitative base uses fundamental, sentiment, technical and alternative data, and employs advanced statistics, natural language processing, and artificial intelligence techniques. The discretionary work focuses on addressing challenges with purely systematic processes and is not fundamental, macro or flow driven.ActusRayPartners is licensed by the Hong Kong Securities and Futures Commission (Type 4 “Advising on Securities” and Type 9 “Asset Management” license) and is a Registered Investment Adviser with the U.S. Securities and Exchange Commission and has not yet made an application to be licensed in any other jurisdiction.About Sun Hung Kai & Co. and Sun Hung Kai Capital PartnersSun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co.” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging on its deep-rooted Asian heritage, SHK & Co. supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co. also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 30 June 2025, the Group held about HK$37.7 billion in total assets. For more information, please visit: www.shkco.com / follow SHK & Co. on LinkedIn.Founded in 2020, Sun Hung Kai Capital Partners Limited (“SHKCP”) is a Hong Kong SFC regulated subsidiary of SHK & Co., with Type 1, 4 and 9 licenses. For more information, please visit: www.shkcapital.com / follow SHKCP on LinkedIn. For media enquiries, please contact:BursonSidney Leng +852 5443 4320Caleb Leung +852 9190 1969Joyce Zhan +852 9142 2528Email: SHKCo@hkstrategies.com10/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Wed, Dec 10
European shares slip on caution ahead of Fed decision
Dec 10 (Reuters) - European shares inched lower on Wednesday, as investors refrained from placing big bets ahead of the U.S. Federal Reserve's interest rate decision, while also parsing through a slate of corporate updates. The pan-European STOXX 600 .STOXX was down 0.1% at 577.43 by 0808 GMT, o...Reuters
Wed, Dec 10
JD Industrials Drops 7% in Hong Kong Grey Market
JD Industrials shares droppped in Hong Kong grey market.Operating as a stand-alone business unit of JD Group since 2017, JD Industrials offers a wide range of industrial products and digital supply-chain services in China. It had grown into the country’s largest maintenance, repair and operations pr...Tiger News
Wed, Dec 10
EMERGING MARKETS-Indonesian rupiah slips; Asian assets mark time ahead of Fed
IDR eases after reports US trade deal at risk of collapseIndonesia official says tariff talks with U.S. still ongoingInvestors await Federal Reserve outlook for next yearBy Shivangi Lahiri Dec 10 (Reuters) - Most Asian currencies and stocks were subdued on Wednesday as investors awaited the U.S....Reuters
Wed, Dec 10
EMERGING MARKETS-Indonesian rupiah slips; Asian assets mark time ahead of Fed
IDR eases after reports US trade deal at risk of collapseIndonesia official says tariff talks with U.S. still ongoingInvestors await Federal Reserve outlook for next yearBy Shivangi Lahiri Dec 10 (Reuters) - Most Asian currencies and stocks were subdued on Wednesday as investors awaited the U.S....Reuters
Wed, Dec 10
Beyond ONE's Friendi Pay Reports Surge in Oman's Digital Payments Only Five Months After Its Launch
Muscat, Oman - December 10, 2025 - (SeaPRwire) - Beyond ONE shares a surge in Oman's digital payments sector following the launch of its platform, Friendi Pay. The digital service, rolled out in May 2025, has spurred a 600% in digital payments and more than 800% growth in international remittances.Additionally, within this short timeframe, Friendi Pay has seen monthly transaction volumes expand from thousands to tens of thousands, with the value of domestic transfers climbing by over 360% to nearly one million Omani rials.The platform's onboarding rate has also improved by 55%, signaling a shift in how Omani residents and expatriates manage their finances both at home and abroad, and demonstrating the widespread appeal of trustworthy, transparent, and easy-to-use digital finance solutions.Human-Centric Design And Commitment To TrustFriendi Pay is anchored in the understanding that trust is the cornerstone of advancement in financial technology. Every transaction is safeguarded by comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, with continuous collaboration alongside the Central Bank of Oman to ensure payments consistently meet the nation's highest security standards."Families deserve clarity upfront and transparency at every stage. We show the full cost and let every user track their transaction step by step," Tawfiq Al Lawati, CEO of Friendi Pay Oman, mentions.Beyond security infrastructure, Friendi Pay delivers accessibility through design. The platform operates with WhatsApp-first support and a user interface available in five languages: Arabic, English, Hindi, Bengali, and Tagalog, enabling onboarding, inquiries, and assistance through real-time, multilingual communication channels.Rooted in the behavioral habits of over one million Friendi Mobile users, the platform integrates seamlessly with diverse lifestyles, meeting people "where they are" and addressing the everyday financial needs of local families and expatriates alike. From utility bill payments and in-store purchases to remittances and peer-to-peer transfers, Friendi Pay seamlessly integrates digital finance into daily life.Hani ELKukhun, CEO of Middle East at Beyond ONE, states, "We are not just simplifying transactions, we are humanizing finance for real lives and real communities."Responsible Innovation In A Rapidly Growing MarketAmid forecasts that Oman's digital payments sector will exceed $20.8 billion by 2029, Friendi Pay sets the standard for responsible, compliance-oriented fintech development. Every new feature and payment corridor undergoes rigorous internal and regulatory scrutiny before launch. Transparent fee structures, real-time transaction visibility, and accessible support empower users to navigate a market that is becoming more competitive and consumer-centric by the day.The ripple effect is greater consumer literacy, informed comparisons between services, and accountability-driven competition. In doing so, Friendi Pay is disrupting the market while proving that profitability and principle can coexist in the same product.Available on both the Apple App Store and Google Play, Friendi Pay is open to all residents of Oman. Its journey in the fintech space has just begun, but the platform is committed to supporting real household needs, driving financial inclusion, and aligning the country's vision for a stronger digital financial economy."As Oman moves toward Vision 2040 and a diversified digital economy, Friendi Pay will deliver ever more local payment solutions, open fresh remittance corridors, and set new standards for customer experience," mentions Al Lawati. "Progress happens when fintech listens to real people. That's how we ensure growth is responsible, sustainable, and empowering, at scale."About Beyond ONEBeyond ONE is a global digital services aggregator founded in 2021 and headquartered in Dubai, with a strong presence in Latin America and the Middle East. Their mission is to simplify people's lives by delivering the right services, at the right time, for the right reason, to the right people, all in one trusted place.Contact DetailsBrand: Beyond ONEContact: Ahmed Ibrahim, Director of PR and Social MediaEmail: ahmed.ibrahim@beyond.oneWebsite: https://beyond.one10/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Wed, Dec 10
UK Stocks-Factors to watch on December 10
Dec 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIC1 down 0.39%.BERKELEY: Berkeley said its longer-term outlook was more positive, particularly in London, despite staying cautious in the near-term.FIRSTGROUP: FirstGroupReuters
Wed, Dec 10
Airbus CEO says Boeing likely to win order race this year
PARIS, Dec 10 (Reuters) - Airbus AIR.PA CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing BA.N on Wednesday, telling France Inter radio that it was possible Boeing would pull ahead for the first time in six years.Airbus remains ahead of its U.S. rival in deliveries a
Reuters
Wed, Dec 10
LIVE MARKETS-Before the bell: Europe dips on Fed day; Delivery Hero shines
Welcome 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 BEFORE THE BELL: EUROPE DIPS ON FED DAY; DELIVERY HERO SHINESEuropean shares were set for a softer start on Wednesday, holding nea...Reuters
Wed, Dec 10
SNAPSHOT-India stocks, rupee, bonds, swaps, call at 1:00 p.m. IST
MUMBAI, Dec 10 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 0.18% at 84,512 and the broader NSE Nifty 50 .NSEI fell 0.18% to 25,793, as profit taking continues ahead of the U.S. Federal Reserve's rate decision. .BO RUPEE: The Indian rupee INR=IN dropped 0.15% versus the U.S. d...Reuters
Wed, Dec 10
SNAPSHOT-India stocks, rupee, bonds, swaps, call at 1:00 p.m. IST
MUMBAI, Dec 10 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 0.18% at 84,512 and the broader NSE Nifty 50 .NSEI fell 0.18% to 25,793, as profit taking continues ahead of the U.S. Federal Reserve's rate decision. .BO RUPEE: The Indian rupee INR=IN dropped 0.15% versus the U.S. d...Reuters
Wed, Dec 10
ROI-Trump sanctions on Lukoil, Rosneft could reshuffle global oil map: Vladimirov
By Martin Vladimirov SOFIA, Dec 10 (Reuters) - U.S. sanctions against Russian oil majors Lukoil LKOH.MM and Rosneft ROSN.MM could trigger a structural reshaping of the global oil sector over the next year, reversing Moscow's decades-long efforts to expand its international clout through energ...Reuters
Wed, Dec 10
Japan's Topix index touches record high in tentative trade before Fed, BOJ
By Rocky Swift TOKYO, Dec 10 (Reuters) - Japan's broad Topix gauge of shares touched a record high before losing momentum on Wednesday, as investors awaited key central bank decisions at home and abroad.The Topix .TOPX reached an unprecedented 3,408.99 in early trading before losing steam and...Reuters
Wed, Dec 10
LIVE MARKETS-One last hurdle remains for the year
Welcome 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.comONE LAST HURDLE REMAINS FOR THE YEAR A look at the day ahead in European and global markets from Stella Qiu 2024 is almost over....Reuters
Wed, Dec 10
PRECIOUS-Gold little changed ahead of Fed verdict, silver powers to fresh records above $60/oz
Silver hits record high of $61.46/ozSilver crossed $60/oz for the first time on TuesdayWhite House adviser Hassett says 'plenty of room' to cut ratesBy Ishaan Arora Dec 10 (Reuters) - Gold steadied on Wednesday, as investors prepared to parse Federal Reserve Chair Jerome Powell's guid...Reuters
Wed, Dec 10
