The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) through the Asian session on Friday, though it remains close to a nine-month low, touched the previous day.
Brent crude prices rose 1.4% to $63.90 per barrel at the time of writing, while West Texas Intermediate crude prices gained 90 cents, closing in on $60 per barrel.
Nvidia’s push for a level playing field in China has seen a setback as a few hyperscaler customers have taken a stance against exporting chips to the Asian nation.
Jim Cramer says Apple investors are underreacting to the company securing a 15% revenue cut from WeChat mini-games—a deal he calls "a nice take for nothing" that boosts Apple's China strategy and opens a new revenue stream.
According to a Bloomberg News report, the offering comprised four tranches of SEC-registered, senior, unsecured bonds with maturities ranging from three to 15 years.
New York City Mayor-Elect Zohran Kwame Mamdani has expressed his support for striking Starbucks Corp. (NASDAQ: SBUX) workers who are demanding better work conditions and pay.
Amazon and Microsoft are backing new U.S. legislation that would further restrict Nvidia's AI chip exports to China, creating a rare split in the tech industry as lawmakers weigh tougher controls.
The November University of Michigan consumer confidence index fell to 50.3 – just above a record low. The survey dates back to the 1970s. Most of the decline was in the current conditions component, which was down 6.3 points.
Blue Origin successfully launched and landed its New Glenn rocket in a major milestone for Jeff Bezos' space ambitions, drawing a public "congratulations" from rival Elon Musk as the competition with SpaceX intensifies.
