Financial Summary: Thursday, September 11, 2025

Amazon's Zoox has launched a robotaxi service in Las Vegas, offering free rides and plans for future expansion.

The FTC is investigating major tech companies, including Alphabet and Meta, regarding the safety of AI chatbots for children and teenagers.

SoundHound AI has introduced 'Vision AI', which combines visual perception with conversational AI capabilities.

IBM has launched its 'Let's Create Smarter Business' campaign, emphasizing AI and hybrid cloud solutions.

Analysts warn of a potential 'anti-Western alliance' forming as China, Russia, and North Korea strengthen their ties.

South Korean President Lee Jae Myung announces the return of detained workers from Hyundai and LG Energy Solution in the U.S.

China accelerates its AI initiatives amid ongoing tech rivalry with the U.S.

Brazil's Supreme Court finds former President Jair Bolsonaro guilty of plotting a coup, deepening national polarization.

The assassination of conservative activist Charlie Kirk in Utah raises concerns over political violence in the U.S.

U.S. inflation data showed slight easing, raising expectations for potential interest rate cuts by the Federal Reserve, boosting market optimism.

Indian markets continued to rise, with Nifty 50 extending its winning streak amid optimism over US-India trade talks.

Oracle's stock surged significantly, reflecting the growing impact of AI on market dynamics and technology investments.

Two major banks raised their S&P 500 targets, citing positive economic indicators and market resilience.

The Dow Jones Industrial Average surpassed 46,000 for the first time, as investors anticipate Federal Reserve rate cuts.

Treasury Secretary Bessent is meeting with candidates for the next Federal Reserve chair, indicating potential shifts in monetary policy.

PNC Financial Services CEO Bill Demchak aims to double the bank's size to $1 trillion to enhance competitiveness.

Oracle shares surged 43% after a positive cloud sector forecast, briefly making Larry Ellison the world's richest person.

Opendoor's stock jumped over 55% following the appointment of a new CEO, reflecting strong investor confidence.

Merck is closing its £1 billion drug research center in London due to concerns over the UK's competitiveness.

Klarna's IPO receives a strong buy endorsement from Jim Cramer, indicating significant market potential.

Fullerton Financial is re-entering the Indian financial services market with a ₹2,000 crore investment.

Waaree Energies' market capitalization surpassed Rs 1 lakh crore after shares surged 8% following strong Q1 results.

Infosys announces its largest-ever share buyback of Rs 18,000 crore, reflecting confidence in long-term growth.

Morgan Stanley and Nippon India Mutual Fund acquire HCG shares worth Rs 438 crore from CVC Capital Partners, signaling strong investor interest.

Warner Bros. Discovery shares rise 25% following reports of a potential takeover bid from Paramount Skydance.

Accenture expands its cybersecurity capabilities by acquiring Canadian firm IAMConcepts.

Fiserv acquires CardFree to enhance its Clover point-of-sale system, aiming to improve payment solutions.

Adobe's stock saw gains following a positive earnings report, despite a challenging year for the company.

Conservative activist Charlie Kirk was shot and killed, a significant event impacting rightwing politics.

Social Security's cost-of-living adjustment will increase average retirement benefits by about $54 in 2026.

A new bill has been introduced to eliminate taxes on Social Security benefits, allowing recipients to keep more earnings.

Health care inflation is rising, leading to the largest expected increase in employer health spending in 15 years by 2026.

Fitch Ratings has upgraded India's FY26 GDP growth forecast to 6.9% due to strong demand and GST reforms.

Mumbai's redevelopment projects are expected to create over 44,000 new homes valued at Rs 1.3 lakh crore by 2030.

India faces emerging risks to economic growth from global trade tensions, crop damage, and weak urban consumption.

The Indian government is under criticism for its handling of inflation, with rising prices impacting essential goods.