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Take Five: Worth the wait?
LONDON, Dec 5 (Reuters) - The long-awaited December U.S. Federal Reserve meeting is almost here. But it's not the only game in town for financial markets with Canadian, Swiss, Australian and Turkish central banks also meeting and the latest China data to pore over. Here's your one-stop shop ...
Reuters
Fri, Dec 5
Winity Life Launches Its First Visa® Card and Mobile App, offering an International Payments Experience for Digital-First Consumers
Winity Life Launches Its First Visa® Card and Mobile App, offering an International Payments Experience for Digital-First ConsumersHong Kong - December 05, 2025 - (SeaPRwire) - Winity Life, a lifestyle platform built for individuals who live, work, and transact across borders, has launched its inaugural Visa® product-The Winity Exclusive Card-together with its mobile app on the Apple App Store and Google Play store. Designed for users who operate across both traditional finance and digital assets, the Winity App enables members to deposit supported cryptocurrencies—including USDT, USDC, WCO, ETH, BNB, and TRX—and spend in USD at merchants and ATMs that accept Visa®, subject to local availability and applicable conditions.This is achieved by allowing members to deposit digital assets and spend USD on the same Winity platform. Winity Life seeks to offer greater financial control, reduced exposure to unexpected FX charges, and a streamlined, international spending experience.The launch comes at a time when digital payments have scaled to multi-trillion-dollar annual volumes, and a majority of adults worldwide now rely on mobile and wallet-based solutions for everyday transactions and cross-border commerce. Against this accelerating shift, Winity Life positions itself as a bridge between rapidly expanding digital payment behaviours and the stability of established card networks-delivering app-based control, platform-wide usability, and an integrated loyalty experience."With The Exclusive Card, Winity Life is not just issuing another card – it is building a lifestyle platform for people whose money, work, and travel already cross borders every day," said Anish Jain, Founder and CEO of Winity Life. "Our goal is to make it simple for members to move value from digital assets into real-world experiences, with clear pricing, meaningful rewards, and always-on support."Key Platform HighlightsUSD-Denominated Balance: Offers a USD-centric experience to help users manage spending. Digital Access: Virtual cards may be issued after approval, subject to verification and system availability. Physical cards may be used at participating POS terminals and ATMs, subject to applicable limits. Seamless Wallet Integration: Google Pay is supported for digital payments. Cross-Border Usage: Spend and withdraw cash at merchants and ATMs worldwide where Visa® is accepted, subject to local availability and transaction conditions. Winity Loyalty: Earn Winity Points on every purchase, redeemable for selected travel, curated experiences, and more, in accordance with program terms.Supporting a Connected Lifestyle- Winity Life is designed as an always-on lifestyle ecosystem, supported by 24/7 assistance via WhatsApp and premium Member Services. Through the Winity Life App, members can manage both digital and traditional assets, access privileges through the Winity Loyalty program, and benefit from a cohesive experience built for borderless living and digital-first financial habits.How to Get Started- The Winity Life app is now available on the Apple App Store and Google Play Store. Users can complete verification, select their preferred card, and-once approved- gain access to a virtual card for secure, USD-denominated payments at supported locations.Looking Ahead- Following this debut, Winity Life will soon introduce the Winity Executive Card, a premium metal card crafted for users who seek elevated design and enhanced privileges. Members can apply for the Executive Card via the Winity Life website. About Winity LifeWinity Life is a global platform that merges traditional and digital payments into one seamless ecosystem. Built for borderless living, it enables members to manage digital assets, hold a USD balance, and spend instantly via the Winity Card. Featuring Winity Loyalty rewards, 24/7 AI support, and a secure app, Winity Life offers the financial flexibility to navigate the global economy.Download now on Apple Store and Google Play.Apple Store:https://apps.apple.com/sg/app/winity-life/id6752761057Google Play Store:https://play.google.com/store/apps/details?id=com.winity.lifeMedia contactBrand: Winity LifeContact: Arijit Das, Senior Manager- Marketing and PR Email: marketing@winity.lifeWebsite: https://winity.life 05/12/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Fri, Dec 5
Exane BNP sees copper, consolidation to drive metals and mining sector in 2026
Exane BNP Paribas says higher copper prices and consolidation will drive the metals and mining sector in 2026The broker says copper will enter a structural deficit in 2026 and expects its prices to rise over the medium termIt upgrades Norwegian aluminium producer Norsk Hydro NHY.OL to "outperfor...
Reuters
Fri, Dec 5
Q/C Technologies jumps as retail traders pile in
Shares of quantum computing firm Q/C Technologies QCLS.O gain 15.3% to $7.9 premarket after doubling in the last two sessions Retail traders bought more than $2.6 mln worth of QCLS stock in the last two sessions, according to data from Vanda Research QCLS is the #8 most trending stock on retail inve...
Reuters
Fri, Dec 5
Rubrik jumps after surprise quarterly profit, loss forecast trim
Microsoft-backed cybersecurity firm Rubrik's RBRK.N shares rise 17.3% to $82.63 premarketCo trims FY adj. EPS forecast to loss of $0.20-$0.16 from $0.50-$0.44 earlier Expect $1.28 bln revenue, higher than previous range of $1.23 bln-$1.24 blnPosts surprise adj. profit of $0.10/share in Q3 vs ana...
Reuters
Fri, Dec 5
Ocado to receive $350 million payout as Kroger shuts robotic warehouses
Kroger said last month it was closing 3 robotic warehouses in USWill now not proceed with planned warehouse in CharlottePlanned warehouse in Phoenix will proceed in 2026Ocado says priority is turning cash flow positive in 2026Ocado shares up 6%By James Davey and Yadarisa Shabong Dec 5 (Reuters) -...
Reuters
Fri, Dec 5
IBM Designated as a Critical Third-Party Provider Under EU DORA
ARMONK, N.Y., Dec. 5, 2025 /PRNewswire/ -- The Digital Operational Resilience Act (DORA) is a European Union regulation designed to ensure that financial entities—such as banks, insurance companies, and investment firms—and their critical Information and Communication Technology (ICT) providers can ...
PR Newswire
Fri, Dec 5
GLOBAL MARKETS-Stocks rise, dollar wilts as investors strap in for Fed rate cut
US PCE data for September due laterEuropean stocks rise, copper hits record highsJapanese bonds sell off, yen strengthens on BOJ rate-hike signalsBy Amanda Cooper LONDON, Dec 5 (Reuters) - Global shares rose on Friday, heading for a second week of gains, ahead of a key read of U.S. inflation ...
Reuters
Fri, Dec 5
Cooper Companies soars after initiating strategic review
Medical device maker Cooper Companies' COO.O shares jump 13% to $87 premarketCo says it is initiating a formal strategic review aimed at identifying opportunities to enhance long-term shareholder valueCo says it is actively focused on improving performance in core markets, expanding market share...
Reuters
Fri, Dec 5
Morgan Stanley reverses December Fed rate call, now expects 25bps cut
Dec 5 (Reuters) - Morgan Stanley now expects the U.S. Federal Reserve to deliver a quarter-point interest rate cut in December, it said on Friday, following dovish remarks from the central bank's policymakers.The Wall Street brokerage previously did not expect a rate cut in December.
Reuters
Fri, Dec 5
Tether Spent $1 Billion on Bitcoin During Its Recent Crash. Should Individual Investors Follow Suit?
Key PointsTether bought a lot of Bitcoin recently.That happened while Bitcoin's price was plunging. It's probably a good idea to buy this dip if you can tolerate the volatility.10 stocks we like better than Bitcoin › During the past three months, Bitcoin's (CRYPTO: BTC) price slid as much as 21%, se...
The Motley Fool
Fri, Dec 5
Premarket Movers | ChargePoint Surges 9%; ServiceTitan Jumps 5%; Critical Minerals Companies Gain; Oracle Rises 2%
EV charging network ChargePoint's Q3 revenue beat expectations. The shares jumped 8.5%.ServiceTitan shares rose 4.9% after the vertical SaaS provider for trades professionals delivered better-than-expected third-quarter earnings and lifted its revenue guidance for the year. The company also posted d...
Tiger News
Fri, Dec 5
Snowflake Stock Just Took a Hit: 3 Reasons I'm Not Buying the Dip
Key PointsSnowflake stock dropped after its fiscal third-quarter report despite 29% revenue growth.Revenue growth decelerated in fiscal Q3 -- and guidance calls for a further slowdown.Even after the pullback, it's difficult to make sense of the stock's valuation.10 stocks we like better than Snowfla...
The Motley Fool
Fri, Dec 5
SentinelOne slips on downbeat Q4 revenue outlook, CFO departure
SentinelOne S.N slips 8.1% to $15.60 premarketCybersecurity firm forecasts Q4 revenue at $271 mln, below analysts' estimate of $273.1 mln, per data compiled by LSEGSays current CFO Barbara Larson will leave her role in mid January; Barry Padgett will serve as interim CFOHowever, Q3 revenue narro...
Reuters
Fri, Dec 5
REFILE-AI bubble to be short-lived, rebound stronger, NTT DATA chief says
By Divya Chowdhury MUMBAI, Dec 5 (Reuters) - A potential artificial intelligence bubble will deflate faster than past tech cycles but give way to an even stronger rebound as corporate adoption catches up with infrastructure spending, the head of Japanese IT company NTT DATA Inc. 9613.T said.Despi...
Reuters
Fri, Dec 5
Down 91% From Its All-Time High, Can Snap Stock Snap Back in 2026?
Key PointsSnap is the parent company of the popular social media platform Snapchat. The company has developed a series of new tools to make its advertising platform more effective for businesses, and they are producing solid results. Snap stock is trading near the cheapest level in its history, so t...
The Motley Fool
Fri, Dec 5
Planning to Claim Social Security in 2026? Here's 1 Thing You Must Do First.
Key PointsYour Social Security filing age will help determine how much money you get from the program.Before you claim benefits, it's important to know how much monthly income your savings will give you.Once you have that information, you'll understand how much you need from Social Security to cover...
The Motley Fool
Fri, Dec 5
Is Ethereum the Best Cryptocurrency to Buy Under $4,000?
Key PointsEthereum's newest upgrade, Fusaka, is here. It should help to keep gas fees under control.It probably won't be a revolution in terms of its impact on the chain's competitive positioning.10 stocks we like better than Ethereum › Today Ethereum (CRYPTO: ETH) is priced at about $3,100 per coin...
The Motley Fool
Fri, Dec 5
Billionaire Philippe Laffont Sells Nvidia Stock and Buys a BlackRock ETF That Could Soar 20,300%
Key PointsPhilippe Laffont, a hedge fund billionaire with an impressive track record, sold Nvidia stock and bought the iShares Bitcoin Trust during the third quarter.Nvidia has been one of the biggest beneficiaries of the generative AI boom, and the company is likely to be a major winner as the phys...
The Motley Fool
Fri, Dec 5
HPE falls on weak AI server revenue as customers postpone orders
Shares of AI server maker Hewlett Packard Enterprise HPE.N fall 8.5% to $20.95 premarket Co forecast Q1 revenue below Wall Street estimates HPE expects revenue in the range of $9 billion-$9.4 billion vs analysts' average estimate of $9.9 billion, according to data compiled by LSEGCo sees a decli...
Reuters
Fri, Dec 5
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