Updated: 17h| Published: 47h
Oracle's shares plunged after missing revenue expectations and announcing a $50 billion capital expenditure for AI infrastructure, contributing to a broader market downturn.Semiconductor manufacturer Broadcom also saw its stock drop significantly, despite a positive quarterly report, leading to declines across the Nasdaq, S&P 500, and Dow Jones indices.Other major AI-related companies like Alphabet, Amazon, Microsoft, and Nvidia experienced sell-offs as investors took profits and increased scrutiny of the AI sector.
Tags

#USA

#Oracle

#Broadcom

#Alphabet

#Amazon

#Microsoft

#Nvidia

#Nasdaq

#SP500

#DowJones

#AI
Read more
Euronews Semafor CNBC The Times EFN Nyheter24
Discuss

#Finance

#

FrancescoMilleri

EssilorLuxottica, the French-Italian eyewear giant, is expanding its medical technology division by acquiring Signifeye, a Belgian ophthalmology platform with 15 eye care centers in the Flanders region. Francesco...

8h
#

CalvinMcDonald

Major leadership shifts are impacting the fashion and beauty industries, with Calvin McDonald stepping down as CEO of Lululemon and Peter Harf and Sue Nabi departing from Coty amid a 52% share drop. These executive...

11h
#

JayWoods

The US stock market is bracing for crucial economic data releases, including delayed jobs, retail sales, and inflation figures, which will significantly influence a potential year-end rally or a market correction....

11h
#

Temu

EU finance ministers approved a temporary 3 € customs duty on small packages valued under 150 € imported from outside the bloc, effective July 1, 2026. This interim measure targets billions of parcels, predominantly...

21h/11h
#

IKEA

IKEA has introduced a new line of affordable Qi2 wireless chargers, prominently featuring the $9.99 Västmärke, a donut-shaped device that also functions as a smartphone grip. The collection expands with a $24.99...

14h
#

NewYork

Wall Street analysts issued numerous upgrades and initiations for companies across various sectors, including tech, travel, energy, and real estate, while the S&P 500 saw value stocks outperform growth stocks. Major...

14h
#

BobIger

Disney finalized a $1 billion licensing and investment deal with OpenAI, granting the AI company rights to over 200 characters from its Marvel, Pixar, and Star Wars franchises for AI models like Sora and ChatGPT. The...

43h/15h
#

TheVergecast

“
How to vibe-write a country hit”
25h
#

Shakira

The beauty industry is experiencing a "skinification" trend in haircare, treating the scalp like facial skin, which has led to a 4.2% growth in scalp-targeting products and a scientific approach championed by brands...

19h
#

Waveform

“
The Phone of the Year is”
26h
#

CalvinMcDonald

Calvin McDonald will step down as CEO of Lululemon on January 31, 2026, after seven years, as the company reported mixed third-quarter results. Lululemon saw a 7% increase in Q3 revenues to $2.6 billion, driven by...

35h/19h
#

Apple

Apple largely lost its appeal in the ongoing antitrust dispute with Epic Games, as the Ninth Circuit affirmed most of a contempt ruling but allowed the company to charge reasonable fees for purchases made via external...

33h
#

HockTan

Broadcom reported strong fiscal Q4 earnings, exceeding expectations with $18.02 billion in revenue and $1.95 adjusted EPS, largely driven by robust demand for its AI infrastructure components. Despite these positive...

36h/19h
#

SamAltman

OpenAI launched its GPT-5.2 AI model, offering Instant, Thinking, and Pro versions with enhanced performance, reduced errors, and improved capabilities across various professional tasks. The new model aims to surpass...

39h/38h
#

Generali

Generali and BPCE-Natixis have officially ended their proposed asset-management partnership, an alliance that would have managed approximately €1.9 trillion and consolidated significant Italian savings under a single...

36h
#

Costco

Costco Wholesale Corp. reported record-setting fiscal first-quarter results that ended Nov. 23, exceeding Wall Street expectations with net income of $2.0 billion and total revenue reaching $67.31 billion, driven by...

35h
#

JamesDonato

Epic Games announced "Fortnite" has returned to the Google Play Store in the USA, capping a five-year legal fight over mobile-payment policies with a November settlement involving Google. This follows a similar...

37h
#

Oracle

Oracle's shares plunged after missing revenue expectations and announcing a $50 billion capital expenditure for AI infrastructure, contributing to a broader market downturn. Semiconductor manufacturer Broadcom also saw...

47h/17h
#

DonaldTrump

Donald Trump has intervened in the acquisition battle for Warner Bros. Discovery, advocating for the sale of CNN and backing Paramount's $108.4 billion hostile bid, which is financed by Jared Kushner's Affinity...

Wed/13h
#

SusanneSpector

Sweden's inflation data in November showed a complex picture, with the CPI dropping to 0.3 percent while the central bank's key measure, KPIF, decreased to 2.3 percent from 3.1 percent. Lower interest costs, cheaper...

Thu/28h
#

NiklasLaninge

Swedes anticipate spending an average of 3,350 SEK on Christmas gifts this year, contributing to a total forecast of 24.5 billion SEK for holiday shopping amidst inflationary pressures. While financial experts like...

Thu
#

JeromePowell

The Federal Reserve, led by Jerome Powell, implemented its third consecutive 0.25 percentage-point interest rate cut, reducing the target range to 3.50%-3.75%, a three-year low. Powell cited a need to balance employment...

Wed/38h
#

AndraFarhad

Sweden's economy expects a strong recovery in 2026, primarily fueled by increased household consumption and improved financial conditions, according to forecasts by Länsförsäkringar and HUI Research. This growth is...

Wed/28h
#

AubreyCattell

Adobe has integrated its popular Photoshop, Acrobat, and Adobe Express applications into ChatGPT, allowing users to edit images and PDFs directly within the chat interface for free starting December 10, 2025. This...

Wed
#

ChristineLagarde

Christine Lagarde stated that the eurozone economy is performing better than expected but faces an "existential crisis" due to internal trade barriers and a fragmented financial market, hindering competitiveness....

Wed/Thu
#

ThomasPiketty

A new report from the World Inequality Lab reveals the wealthiest 0.001% of the global population, approximately 56,000 individuals, now control three times the wealth of the poorest 2.8 billion adults. Co-directed by...

Wed
#

ElonMusk

SpaceX is reportedly preparing for an IPO next year, aiming for a $1.5 trillion valuation and seeking to raise over $30 billion to fund ambitious projects like space-based data centers and the colonization of Mars. Elon...

Wed/14h
2
#

IMU

Italy's complex tax system includes various deadlines, with the second installment of the Imposta Municipale Unica (IMU) property tax for 2025 due on December 16, primarily affecting owners of second homes and luxury...

Wed

Sam Altman, CEO of OpenAI, reportedly issued a company-wide "code red" to intensify ChatGPT's development following the impressive capabilities of Google's new Gemini chatbot, which led Salesforce CEO Marc Benioff to...

Tue/31h
#

DonaldTrump

US stock markets closed positively after the Fed signaled a 25 basis point interest rate cut, reversing earlier declines for the S&P 500, Nasdaq, and Dow Jones Industrial Average. Despite the broader market rally, some...

Tue/Wed
#

GustafUnger

Online bank Avanza experienced significant technical difficulties on Tuesday, causing user accounts to display zero balances and halting order placement. CEO Gustaf Unger stated that a subcontractor's file was not...

Tue
#

DavidEllison

Paramount Global has launched a hostile all-cash takeover bid of $108 billion for Warner Bros. Discovery, directly challenging Netflix's reported $83 billion offer. Elizabeth Warren expressed serious antitrust concerns...

Mon/47h
#

AxelHamann

Thyssenkrupp's shares dropped Tuesday as the German industrial giant forecast significant financial losses for the current fiscal year, citing persistent weak trends in the automotive sector, high energy costs in...

Tue
#

MeltemDemirors

Major Bitcoin mining firms in the USA, including Riot Platforms, Bitfarms, Core Scientific, and MARA Holdings, are pivoting to AI and high-performance computing (HPC) due to lower profitability in Bitcoin mining. These...

Tue
#

Oskarshamn

Sweden's largest nuclear reactor at Oskarshamn will be shut down for nine days due to minor anomalies detected in the process water. Uniper, the plant's owner, stated that the decision aims to investigate and resolve...

Tue
#

JeromePowell

The Federal Reserve enacted its third interest rate cut of the year, lowering the benchmark to 3.5%-3.75%, a move that included a $40 billion weekly Treasury securities purchase and spurred a rally in US stock markets....

Tue/Thu
#

TheVergecast

“
Year in review”
Tue
#

PeterTerKulve

The Magnum Ice Cream Company (TMICC), now the world's largest ice cream producer, began trading on Amsterdam's Euronext as a spin-off from former parent Unilever. Valued at $9.1 billion (€7.8 billion) at its listing,...

Mon/Wed
#

LiQiang

China's trade surplus exceeded $1 trillion through November, prompting the IMF to urge a swift shift towards domestic consumption to mitigate escalating global trade tensions. These tensions stem from US tariffs and...

Mon/Wed
#

ArvindKrishna

IBM announced today a definitive agreement to acquire data streaming platform Confluent for $11 billion in an all-cash transaction. This acquisition, expected by mid-2026, aims to bolster IBM's AI and cloud computing...

Mon
#

Uber

Uber is launching a new insights platform for marketers called Uber Intelligence on Monday, December 8, 2025. The platform leverages a partnership with LiveRamp, utilizing its clean room technology to allow advertisers...

Mon
#

ToddCombs

Todd Combs, an investment manager for Warren Buffett and CEO of Geico, is leaving Berkshire Hathaway to join JPMorgan Chase. Combs will lead a new $10 billion Strategic Investment Group and serve as a special advisor to...

Mon
#

ArturoArques

Housing cooperative fees in Sweden are expected to rise significantly in 2026, as housing cooperatives face escalating utility tariffs, increased energy prices, and a new K3 accounting framework. Arturo Arques of the...

7 Dec/Tue
#

TheVergecast

“
A very human vision for going all-in on AI”
7 Dec
#

ChristineBenz

Christine Benz states that the most effective strategy for long-term wealth is consistent investing in low-cost, diversified index funds rather than speculative products like options or cryptocurrencies. Benz and other...

6 Dec
#

DonaldTrump

Netflix announced its agreement to acquire Warner Bros. Discovery's film studio and HBO assets, including HBO Max, for approximately $82,700,000,000. Donald Trump and Senator Elizabeth Warren criticized the deal, citing...

5 Dec/Mon
1
#

Netflix

Netflix announced its acquisition of Warner Bros. Discovery for approximately 677 billion SEK, causing Warner Bros.' stock to rise by 6.3%. Several companies including Rubrik, Victoria's Secret & Co., and Cooper...

5 Dec
#

FederalReserve

The Bureau of Economic Analysis reported a 0.3% rise in consumer spending in September after a downward revision in August, signaling cautious but positive economic behavior. Despite sluggish labor markets and rising...

5 Dec
#

YasinOral

Paribu has acquired CoinMENA, the largest crypto exchange in the Middle East and North Africa, in a transaction valued at up to $240 million. Yasin Oral emphasized that this acquisition is a significant milestone for...

5 Dec
#

MooreThreads

Moore Threads raised about $1.1 billion in a Shanghai IPO as its shares jumped more than 400% on debut and closed roughly five times the 114.28 yuan IPO price. The offering was led by CITIC Securities with joint...

5 Dec/6 Dec
#

LisaJackson

Apple is navigating a leadership transition combining retirements and appointments as it seeks to maintain its AI edge while keeping business momentum. Lisa Jackson will retire in late January 2026, Kate Adams will...

5 Dec/6 Dec
#

TheVergecast

“
It's code red for ChatGPT”
5 Dec
#

Waveform

“
Samsung Galaxy Z TriFold is here”
5 Dec
#

MarkZuckerberg

Meta is reshaping its strategy toward AI and next-generation hardware, moving away from its metaverse push and planning cuts of up to 30% at Reality Labs, with layoffs anticipated but not yet finalized. Mark Zuckerberg...

4 Dec/6 Dec
#

BenjaminCavalli

Benjamin Cavalli highlighted the record-breaking global billionaire surge, with 2,919 billionaires amassing $15.8 trillion and tech billionaires seeing assets grow by nearly 25% to $3 trillion due to strong AI-driven...

4 Dec
#

JonasPremfors

Jonas Premfors has received an advance fee of 16,625,000 kronor after being appointed as bankruptcy trustee for Northvolt Ett Expansion, following the company's bankruptcy as part of the larger Northvolt crisis. Göran...

4 Dec
#

FilipHellberg

Preliminary data from SCB showed a sharp decline in Sweden's inflation rate in November, with the KPIF falling to 2.3 percent and prices dropping 0.6 percent, while Filip Hellberg confirmed the downturn and Alexandra...

4 Dec/5 Dec
#

ToniRicciardi

The Italian Chamber of Deputies approved a law proposed by Toni Ricciardi that provides tax relief for Italians living abroad, with reductions on IMU and Tari for eligible individuals registered with AIRE. To qualify,...

4 Dec/5 Dec
#

AnantVijay

Proton has announced the launch of Proton Sheets, a new privacy-focused spreadsheet app designed to compete with Google Sheets and Microsoft Excel. Anant Vijay stated that Proton Sheets will offer end-to-end encryption...

4 Dec
#

AjlaTalovic

Shopping assistant chatbots such as Amazon's Rufus and Walmart's Sparky, along with new AI-powered tools from companies like Target, Ralph Lauren, Google, Perplexity, Microsoft, and OpenAI, are reshaping online retail...

4 Dec
#

KevinHassett

European stock market futures pointed higher as investors awaited the Federal Reserve policy decision and assessed incoming economic data, with CME FedWatch tool signaling an 89% chance of a rate cut. The S&P 500 closed...

4 Dec/5 Dec
#

LauraRytkölä

Cloetta, through its brand Candyking, is expanding its business into the American market by opening a Candyking store in Manhattan selling Swedish loose candy. Laura Rytkölä emphasized this venture by appearing outside...

4 Dec
#

ArmandThiberge

Brevo, formerly Sendinblue, has achieved unicorn status as Armand Thiberge and his team secured €500 million in funding led by General Atlantic and Oakley Capital, pushing the company’s valuation to at least $1 billion....

4 Dec
#

MarcBenioff

Salesforce reported nearly $10.9 billion in revenue and a 37% jump in net income for its third quarter, while CEO Marc Benioff unveiled product rebranding under the "Agentforce" name following a recent focus group....

4 Dec/5 Dec
#

Venmo

Venmo users experienced difficulties sending and receiving money after a service outage linked to an Amazon Web Services disruption affected the payment platform. Venmo stated on X that its team was working on a fix,...

4 Dec
#

RahimSuleman

The EU has announced a €3 billion strategy, supported by the European Investment Bank, to secure critical minerals and oversee new industrial projects as part of broader ReSourceEU efforts to reduce dependency on China....

3 Dec/4 Dec
#

KristoferJohanneson

DNB customers who leased new cars from 2020 to February 2023 were found to have overpaid due to an invalid price adjustment clause in their agreements. The Consumer Ombudsman in Sweden and the Norwegian Consumer...

3 Dec
#

PatrickWiberg

The investigation by TV4's "Kalla fakta" revealed that at least 23 ICA stores, including ICA Maxi Kalmar, manipulated prices during the annual food price survey by the Pensioners' National Organization (PRO). Patrick...

3 Dec/4 Dec
#

NicolaZaccheo

Nicola Zaccheo said that new regulations from ART will require automatic highway toll refunds for driver delays due to construction or traffic, with rules phasing in for both new and existing concessions throughout...

3 Dec
#

SydneySweeney

American Eagle Outfitters raised its full-year forecast, issued positive holiday guidance, and credited actress Sydney Sweeney and NFL star Travis Kelce for driving digital sales traffic with recent marketing campaigns....

3 Dec
#

SamAltman

OpenAI CEO Sam Altman declared a "Code Red" to urgently refocus the company on improving ChatGPT amid rising competition from Gemini 3, Anthropic's Opus 4.5, xAI, and emerging Chinese open-source AI models. Recent...

2 Dec/4 Dec
#

Google

Google has released the Android 16 QPR2 update, ending its annual release model and moving to more frequent updates with biannual SDKs and quarterly features. The update introduces new AI-powered capabilities like...

2 Dec
#

JanOliverSell

Jan-Oliver Sell has been named CEO of Qivalis, a euro-pegged stablecoin created by ten European banks including SEB, BNP Paribas, ING, and Danske Bank, which will be supervised by the Dutch central bank and comply with...

2 Dec
#

EbenUpton

Raspberry Pi is increasing prices on several single-board computers, including Raspberry Pi 4 and 5, with hikes from $5 to $25 depending on the model and RAM. CEO Eben Upton explained that rising memory costs from AI...

2 Dec
#

JoeNellis

Inflation in the Eurozone rose to 2.2 percent in November, exceeding the European Central Bank's 2.0 percent target and surprising economists. Professor Joe Nellis from MHA stated that the underlying picture remains...

2 Dec
#

DonaldTrump

Costco filed a lawsuit in the US Court of International Trade challenging import tariffs imposed under the International Emergency Economic Powers Act by Donald Trump. The company argues Trump lacked legal authority to...

2 Dec/3 Dec
#

JuvencioMaeztu

Juvencio Maeztu is initiating his first major restructuring at Ingka Group by removing one third of the executive management team, aiming to increase focus on sales and address declining sales. Daniela Rogosic stated...

2 Dec
#

MichaelField

The European Central Bank warned that high valuations in AI-related stocks and concentrated investments in American hyperscalers such as Nvidia, Alphabet, Microsoft, and Meta could trigger significant market corrections...

2 Dec
#

TMRoh

Samsung Electronics has unveiled the Galaxy Z TriFold, its first multi-folding smartphone, with a unique inward-folding dual-hinge design and an initial price of $2,449. The device features a 10-inch main display,...

2 Dec
#

TheVergecast

“
Apple gadgets ranked”
2 Dec