The US stock market lined up three years of gains – but history says the fourth could go either way. Plus, 2025 reshuffled the global leaderboard in ways no one saw coming. Try Finimize Pro

ByteDance is planning a $23 billion investment in AI infrastructure – but it’ll take more than that to match Big Tech – US regulators approved Novo Nordisk’s once-a-day Wegovy pill, handing the Danish drugmaker an early edge over rival Eli Lilly. Today’s stories: ByteDance Is Making A $23 Billion Bid, Eager To Take A Chunk Out Of Big Tech’s AI LeadUS Regulators Approved Novo Nordisk’s Weight-Loss PillTry Finimize Pro

Macro hedge funds – which bet on big moves in interest rates, currencies, and other markets – had their strongest year since the 2008 global financial crisis, while US asset manager Apollo Global Management has decided some assets are better unmanaged, so it’s selling them and stacking up cash. Today’s stories: Return Of The Mac-ro Hedge FundApollo Global Management Is Entering Buy-Stander ModeTry Finimize Pro

“Vibe coding” startup Lovable put investors under its spell, landing $330 million at a $6.6 billion valuation, while Japan took it back to the nineties, pushing interest rates to their highest in 30 years. Today’s stories: “Vibe Coding” Startup Lovable Lived Up To Its Name, Giving Investors Fuzzy FeelingsThe Nineties Called And Japan Answered, Pushing Interest Rates Back UpTry Finimize Pro

US inflation data looked better than expected – but there’s a big, October-shaped hole in the numbers – and forget Silicon Valley: India proved itself as the real AI hotspot. Today’s stories: US Inflation Data Inspired Some R&R: Resting And… Reading The FootnoteIndia Did It Beta, Becoming The World’s Most Active AI MarketTry Finimize Pro

Amazon might hand OpenAI $10 billion – but the ChatGPT creator would need to hand some of it straight back – Alphabet’s self-driving ride-hailing venture, Waymo, could double its valuation to over $100 billion. Today’s stories: Amazon Could Hand OpenAI $10 Billion, In Exchange For… Some Of It BackWaymo Could Come In Clutch With A $100 Billion ValuationTry Finimize Pro

November’s payrolls report suggested that the US added more jobs than expected… but the fine print dampened the mood, while the European Union looks to be softening its stance on gas-powered cars, giving automakers more time to change their proverbial gears. Today’s stories: November’s Jobs Report Landed Late – And That Wasn’t The Only DisappointmentThe European Union Made A U-Turn On Its Gas Guzzler BanTry Finimize Pro

China posted the worst retail sales growth on record (excluding the pandemic), adding to the country’s string of disappointing data – while La Niña returned for the fifth time in six years, creating a storm in the air… and potentially, the world’s markets. Today’s stories: China’s Shops Stayed Quiet This NovemberLa Niña Storms Aren’t Limited To Crops: They Could Hit Markets, TooTry Finimize Pro

Silver’s price shot heavenward, more than doubling gold’s rally, while OpenAI hit “patch update” on humanity’s collective brain, rolling out ChatGPT-5.2 – a souped-up model built to beat Google and Anthropic. Today’s stories: The Price Of Silver – The So-Called “Devil’s Metal” – Is Heaven-BoundOpenAI Reclaimed Its Main Character Energy With A New Version Of ChatGPTTry Finimize Pro

Oracle went on an AI shopping spree, so investors checked out – while Microsoft and Amazon pledged to invest $53 billion into AI infrastructure in India. Today’s stories: Oracle Went On An AI Shopping Binge – And Investors Checked OutMicrosoft and Amazon Will Invest $53 Billion Into Indian InfrastructureTry Finimize Pro

SpaceX is pushing ahead with its initial public offering plans – a bid to raise some $30 billion and land in the $1.5 trillion club – while the biotech sector has seen the most mergers and acquisitions in a decade, as pharma firms race against an expiry date. Today’s stories: SpaceX Is Preparing For Its Public Market Launch DayPharma Firms Rushed To Restock Before Their Pipelines Run DryTry Finimize Pro

The US will finally let Nvidia sell advanced chips to China… in exchange for a cut, while global temperatures are on track to set an unwelcome record, by staying above a key threshold for three years straight. Today’s stories: Nvidia Can Sell Advanced Chips To China… If America Can Keep 25%Climate Change Made Its Third StrikeTry Finimize Pro

China’s exports have overshadowed imports by $1 trillion this year, marking the country’s biggest-ever surplus, while hedge funds moved more operations to the UAE – so now London, New York, and Singapore might have a harder time holding on to cash and talent. Today’s stories: China Turned October’s Export Trick Into November’s TreatHedge Funds Put Their Tread In The Sand, Finding Footholds In Abu DhabiTry Finimize Pro

Netflix brought back blockbuster deals, buying Warner Bros.’ studio and streaming business for $83 billion – while Cristiano Ronaldo bought a stake in AI search company Perplexity, becoming a global representative in the process. Today’s stories: In The Ultimate Touch Of Movie Magic, Netflix Is Buying Warner Bros.Cristiano Ronaldo Bought A Stake In Perplexity, Backing AI Search… And Re-SiuuTry Finimize Pro

Chinese chipmaker Cambricon expects to triple its chip sales next year – but while demand isn’t a problem, supply might be – and China’s biggest homegrown beauty brand looked to launch products far and wide, posing a threat to Europe’s biggest luxury names. Try Finimize Pro

AI startup Anthropic started preparing to go public – and the debut will test investors' nerves – while Indian stocks had their weakest showing against other emerging markets since 1993. Today’s stories: Anthropic Prepared For One Of The Biggest-Ever IPOsGlobal Investors Swapped India For Two Other Emerging MarketsTry Finimize Pro

Costco sued the US government for tariff payback… literally, while bitcoin’s fall put the “micro” back in “MicroStrategy”. Today’s stories: Costco Sued The US Government For Tariff PaybackBitcoin’s Fall Put The “Micro” Back In “MicroStrategy”Try Finimize Pro

Alphabet’s Gemini 3 beat OpenAI’s ChatGPT-5 in a range of tests, while silver has doubled its price since the start of the year – hitting record high after record high. Try Finimize Pro

OpenAI’s partners are footing its breakneck buildout bills – and they’re taking on loads of corporate debt to do so – while a major US exchange went dark for hours after a data center lost its cool (literally). Today’s stories: OpenAI’s Swiping Partners’ Cards For Expensive… GereCME’s Exchange Broke Down After A Key Data Center Got Brain FreezeTry Finimize Pro

The UK’s taxes will inch higher – but investors kept the stock market firmly in place – while HSBC said OpenAI will need to supplement revenue with fundraising to keep up with its data center costs. Today’s stories: The UK Announced Higher Taxes – But Only After Spoiling Its Own RevealHSBC Handed OpenAI The Check – And The Firm Might Need To Pay CreditTry Finimize Pro