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AI industry not in a bubble, but stocks could see correction, SK chief says
By Hyunjoo Jin SEOUL, Dec 5 (Reuters) - Artificial intelligence stocks could come under pressure after rising too fast and too much, but the industry is not in a bubble, the head of South Korean conglomerate that owns leading memory chipmaker SK Hynix 000660.KS said.Concerns about lofty AI stock ...
Reuters
Fri, Dec 5
Billionaire Warren Buffett Has Over $75 Billion Invested in 3 "Magnificent" Artificial Intelligence (AI) Stocks
Key PointsBerkshire Hathaway's soon-to-be-retiring CEO has crushed Wall Street's stock indexes over the last six decades.The largest investment holding the Oracle of Omaha oversees sports a market-leading share repurchase program.Members of the "Magnificent Seven" have become staples of Buffett's in...
The Motley Fool
Fri, Dec 5
Starting Social Security in January 2026? 3 Things to Expect
Key PointsTechnically, the Social Security Administration pays benefits in the month following the month they're due.Some people won't receive their payments until the fourth Wednesday of each month.If you're on Medicare, your Part B premiums will be automatically deducted from your Social Security ...
The Motley Fool
Fri, Dec 5
India's Kaynes Tech slips as JP Morgan warns against bottom fishing
Kaynes Technology India KAYN.NS slips 8.5% to eight-month low of 4,556.5 rupees; top loser on Nifty 500 .NIFTY500J.P. Morgan warns against bottom fishing in integrated electronics manufacturer's stockEarlier this week, Kotak Institutional Equities pointed to co's ambiguous goodwill recogniti...
Reuters
Fri, Dec 5
Ocado shares rise after Kroger agrees to pay $350 million compensation
Shares in British online supermarket and technology group Ocado OCDO.L rise 7.9% to 198.7p - stock among top gainers on FTSE mid-cap .FTMC Ocado will receive a one-off $350 million cash payment from Kroger KR.N as the U.S. grocer decided to close three robotic warehouses and cancel a planned facili...
Reuters
Fri, Dec 5
HK Movers | Fabless Chip Designer Novosense Falls 16% in Hong Kong's Grey Market Trading; Digital Teaching Solutions Provider Able Digital Rises 30%
Fabless chip designer Novosense fell 13% in Hong Kong's grey market trading on Friday. Digital teaching solutions provider Able Digital soared 18%.Novosense Microelectronics operates under a fabless model, focusing on chip research, development, and design, while outsourcing wafer manufacturing to ...
Tiger News
Fri, Dec 5
Airbus confirms November deliveries dip after industrial glitch
PARIS, Dec 5 (Reuters) - Airbus AIR.PA delivered 72 planes in November to reach 657 so far this year, the European planemaker said on Friday.The figure, underscoring a weak November cited by Airbus CEO Guillaume Faury after an industrial glitch, means the world's largest planemaker has to delive...
AAR Corp
Reuters
Fri, Dec 5
PRECIOUS-Gold rises as dollar weakens ahead of US inflation test
U.S. 10-year Treasury yields at near two-week highU.S. unemployment benefit claims drop to over three-year lowPCE data for September due at 1500 GMTBy Ishaan Arora Dec 5 (Reuters) - Gold prices rose on Friday, buoyed by a softer dollar as investors braced for U.S. inflation data that may set ...
Reuters
Fri, Dec 5
Saluda Medical's debut day meltdown marks Australia's weakest IPO in decades
Weakest debut since early 2000sStock ends over 50% lowerInvestors shun unprofitable health names — analystBy Roshan Thomas and Nikita Maria Jino Dec 5 (Reuters) - Shares in medical device maker Saluda Medical SLD.AX collapsed on debut on Friday, shedding more than half their value in one of Austr...
Reuters
Fri, Dec 5
UK Stocks-Factors to watch on December 5
Dec 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday, with futures FFIc1 up 0.04%. BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L has sold 9% stake in ITC Hotels ITCT.NS for 38.2 billion rupees ($424.70 million).OCADO: Ocado OCDO.L said it r...
Reuters
Fri, Dec 5
LIVE MARKETS-Europe before the bell: Futures in the green
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 EUROPE BEFORE THE BELL: FUTURES IN THE GREENEuropean equity futures are in positive territory on Friday, with major bourses lookin...
Reuters
Fri, Dec 5
With Netflix's 10-for-1 Stock Split Complete, Here Are 3 Growth Stocks to Buy in December That Could Issue Stock Splits in 2026
Key PointsMeta Platforms generates high cash flow and can afford to take risks on AI spending.ASML's lithography machines are essential for manufacturing advanced AI chips. Eli Lilly isn't cheap, but its drug portfolio is best in class. 10 stocks we like better than Meta Platforms › Netflix (NASDAQ...
The Motley Fool
Fri, Dec 5
British American Tobacco sells 9% ITC Hotels stake for $425 million
Dec 5 (Reuters) - British American Tobacco BATS.L has sold more than half its stake in ITC Hotels ITCT.NS for about 38 billion rupees ($424.70 million), the tobacco giant said on Friday. BAT held a 15.3% stake in the company, which it sought to dilute to reduce debt and exit a non-strateg...
Reuters
Fri, Dec 5
If You Save and Invest $50 Each Week, This Is How Massive Your Portfolio Could Be After 25 Years
Key PointsInvesting on a weekly basis makes more sense nowadays due to the prevalance of commission-free trading.Putting money aside each week can help you avoid the noise that can come with tracking market news.If you invest your savings, you can make the most of your money as compounded returns wi...
The Motley Fool
Fri, Dec 5
British American Tobacco sells 9% ITC Hotels stake for $425 million
Dec 5 (Reuters) - British American Tobacco BATS.L has completed the sale of a 9% stake in ITC Hotels ITCT.NS for 38.2 billion rupees ($424.70 million), the tobacco giant said on Friday.Following completion of the sale, it now holds about 6.3% in ITC Hotels, BAT said. ($1 = 89.9450 Indian rupees...
Reuters
Fri, Dec 5
LIVE MARKETS-Firming Fed cut bets buoy stocks, undercut dollar
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 FIRMING FED CUT BETS BUOY STOCKS, UNDERCUT DOLLARBets for a U.S. Federal Reserve rate cut next week sit unequivocally at the centr...
Reuters
Fri, Dec 5
Why AI Stock Veritone Was Soaring This Week
Key PointsInvestors were encouraged by a new business tie-up announced by the AI solutions provider.Its partner is edge computing company Armada.10 stocks we like better than Veritone › News of a new strategic partnership and an analyst's price target increase helped juice the stock of Veritone (NAS...
The Motley Fool
Fri, Dec 5
Japan's Nikkei loses ground as investor focus shifts to BOJ, Fed meetings
By Rocky Swift TOKYO, Dec 5 (Reuters) - Japan's Nikkei share average lost ground on Friday, pausing after a recent rally, as expectations of rising domestic interest rates weighed on sentiment.The Nikkei 225 Index .N225 slid 1% to close at 50,491.87, trimming its weekly gain to 0.5%. The broa...
Reuters
Fri, Dec 5
Is This New Catalyst a New Reason to Buy Ethereum With $1,000?
Key PointsEthereum's Fusaka update could make the network cheaper to use.The update will enable more sophisticated wallet apps that are more convenient than before.It isn't going to be a quantum leap forward in any one dimension.10 stocks we like better than Ethereum › Ethereum's (CRYPTO: ETH) lates...
The Motley Fool
Fri, Dec 5
The Cryptocurrency That Could Be About to Explode 1,000%
Key PointsEver since its launch in 2020, Solana has been talked about as a potential "Ethereum killer."In 2023, Solana exploded in value by nearly 1,000%.Solana's blockchain ecosystem generated nearly $3 billion in revenue over the most recent 12-month period.10 stocks we like better than Solana › I...
The Motley Fool
Fri, Dec 5
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