Financial Summary: Friday, September 19, 2025

Nvidia has acquired Enfabrica's CEO and licensed its technology for over $900 million to enhance its AI capabilities.

Meta has launched its new Ray-Ban smart glasses, entering the competitive smart glasses market.

The iPhone 17 has launched globally, attracting large crowds at Apple stores amid increasing competition from Chinese brands.

Elon Musk's xAI is reportedly raising $10 billion at a valuation of $200 billion following a successful fundraising round.

TechCrunch Disrupt 2025 has announced new VC judges for its Startup Battlefield 200 competition, showcasing tech innovation.

High-speed trading firms in India are attracting talent with internships offering salaries up to $14,000 a month amid regulatory scrutiny.

GST cuts and low food inflation are expected to boost consumption among middle- and lower-middle-income households in India during the festive season.

India's non-banking financial companies (NBFCs) are experiencing rising delinquencies across various loan sectors despite industry growth.

Stephen Colbert expresses solidarity with Jimmy Kimmel following the suspension of 'Jimmy Kimmel Live!' over controversial comments.

NBA star Kevin Durant shares valuable advice for aspiring rookies, drawing from his own successful career experiences.

RFK Jr.'s vaccine panel updates Covid shot recommendations, emphasizing individual choice while supporting vaccination for high-risk groups.

Comcast spinoff Versant reports a decline in annual profit as it prepares for its public listing on Nasdaq under the ticker 'VSNT'.

Sebi clears Adani Group of allegations made by Hindenburg Research, finding no evidence of stock manipulation.

Saatvik Green Energy plans to raise ₹700 crore through an IPO to expand its solar module manufacturing capacity.

JSW Energy shares rose 3% following the acquisition of Tidong Power Generation and the demerger of GE Power's boiler business.

Ola Electric shares have surged 40% in a month, driven by government support and improved operational efficiency.

PwC has announced job cuts affecting 60 partners and 1,500 staff in the Middle East as part of a cost-cutting strategy.

Amazon has officially launched its first fulfilment centre in Abu Dhabi, expanding its logistics network in the Middle East.

Darden Restaurants' stock fell 7.7% after the company missed earnings estimates, raising concerns among investors.

FedEx is implementing cost-cutting measures to enhance profit margins, according to analysts.

Volkswagen warns that delays in the release of Porsche's electric vehicles will result in a €5.1 billion hit to profits.

Wall Street indexes hit record highs following the US Federal Reserve's interest rate cut, boosting investor sentiment.

Adani Group stocks surged up to 13% after SEBI cleared them of allegations from the Hindenburg report, enhancing investor confidence.

Urban Company shares soared 81% in three days post-listing, indicating strong market interest in tech-driven home services.

U.S. stocks continued to rise, with the S&P 500 aiming for its ninth consecutive weekly gain, fueled by positive earnings reports.

Bank of America suggests the AI stock rally has more potential, advising investors on navigating a possible bubble.

StubHub's stock has dropped 10% for the third consecutive day following its IPO, marking a significant post-debut slump.

Investors are increasingly returning to Big Tech stocks amid positive market sentiment and productive discussions between Trump and Xi.

Japan's core inflation rate has fallen to 3.3%, the lowest since November 2024, due to decreasing rice prices.

The Federal Reserve's interest rate cut is anticipated to support monetary easing in struggling Asian economies.

Russian MiG-31 fighters entered NATO airspace over Estonia, prompting an interception by Italian F-35 jets.

UK Prime Minister Keir Starmer plans to introduce a digital ID scheme to improve upon previous Labour initiatives.

The Panama Canal is working to restore its role in the liquefied natural gas trade following recent drought restrictions.