December 30, 2025 8:56 am
Key Moments Meta announced plans to acquire Manus, a Chinese-founded AI startup valued at $2 billion to $3 billion, according to a source. Earlier this year, Manus launched what it described as the world’s first general AI agent, claiming it outperforms OpenAI’s DeepResearch. Meta plans to integrate Manus’s technology into Meta AI and other consumer […]
Read moreDecember 30, 2025 7:55 am
Key Moments The U.S. government has issued annual licenses for Samsung Electronics (KS:005930) and SK Hynix (KS:000660) to ship U.S.-made chipmaking tools to their China plants in 2026, according to Reuters. A new U.S. export control regime will require yearly reviews of semiconductor equipment exports to China, replacing broader, longer-term waivers. SK Hynix shares gained […]
Read moreDecember 30, 2025 7:37 am
Key Moments Nvidia (NASDAQ:NVDA) is up 40% year-to-date as of 29 December, outperforming the S&P 500’s 17.8% gain. The average 12-month analyst price target of $261 implies a £5,000 investment could rise to about £6,850, assuming stable exchange rates. Nvidia enters 2026 with a $500bn order backlog for its Blackwell and upcoming Rubin systems and […]
Read moreDecember 30, 2025 7:16 am
Key Moments Asian stock markets were mostly weaker, taking their cue from Monday’s decline in U.S. equities during thin, year-end trading. The S&P 500 fell 0.3% to 6,905.74 but remained up more than 17% for the year and on pace for an eighth straight monthly advance. Gold and silver resumed strong rallies, with gold up […]
Read moreDecember 29, 2025 2:10 pm
Key Moments JPMorgan’s latest U.S. Analyst Focus List highlights high-conviction consumer stocks across growth, income, value, and short strategies. Companies on the list posted a range of updates, including index additions, dividend increases, share buybacks, and changes to guidance. Despite economic pressure, JPMorgan sees the consumer sector as resilient, with select names showing solid earnings, […]
Read moreDecember 29, 2025 1:35 pm
Key Moments Nvidia invested $5 billion in Intel common stock under a September private placement agreement. The purchase covered more than 214.7 million Intel shares at a fixed price of $23.28 per share. U.S. antitrust regulators cleared the investment earlier in December, and the transaction was disclosed in a Monday filing. Transaction Overview Nvidia has […]
Read moreDecember 29, 2025 1:09 pm
Key Moments Lululemon Athletica founder Chip Wilson has initiated a proxy campaign targeting changes to the company’s board. The effort follows the recent exit of CEO and board member Calvin McDonald from the apparel maker. The Wall Street Journal reported the move, citing unnamed individuals said to be familiar with the situation. Founder Steps Up […]
Read moreDecember 29, 2025 10:51 am
Key Moments U.S. stock index futures traded lower in early Monday dealings after a strong advance in equities late in the year. S&P 500 Futures declined 0.2% to 6,966.0 points, Nasdaq 100 Futures fell 0.4% to 25,759.25 points, while Dow Jones Futures were little changed at 49,014.0 points by 05:30 ET (10:30 GMT). Recent gains […]
Read moreDecember 29, 2025 9:57 am
Key Moments Mirae Asset Financial Group is in talks to acquire a combined 92% stake in South Korean crypto exchange Korbit from NXC and SK Planet. The deal could value the stake at 100-140 billion won ($70-98 million), according to sources. This move follows a trend of traditional financial firms entering crypto markets, after deals […]
Read moreDecember 29, 2025 9:37 am
Key Moments BP agreed to sell a 65% stake in its Castrol lubricants business to Stonepeak. The deal values Castrol at $10 billion and generates about $6 billion in net proceeds. Bank of America warned that BP’s share price could fall more than 10% and cut 2027+ EPS estimates by roughly 5% following the deal. […]
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