Financial Summary: Tuesday, November 11, 2025

North Northamptonshire's reform council is set to vote on a controversial tax increase for second homes, facing backlash from figures like Nigel Farage.

A report reveals that single women are 30% more likely to be denied a mortgage compared to men, highlighting gender disparities in the mortgage industry.

Productivity expert Amy Landino shares strategies for achieving a focused four-hour workday by eliminating common time-wasting habits.

Warren Buffett announced his retirement as CEO of Berkshire Hathaway, passing leadership to Greg Abel.

Visa and Mastercard reached a $38 billion settlement over merchant fees, resolving a major dispute in the payments industry.

SoftBank Group reported a net profit of $16.6 billion for Q2, significantly boosted by its investment in OpenAI.

Infosys plans its largest-ever share buyback on November 14, with analysts encouraging investors to buy shares ahead of the record date.

Britannia Industries shares fell 6% following the resignation of CEO Varun Berry, with Rakshit Hargave appointed as the new MD and CEO.

Biocon reports a remarkable 428% increase in net profit to Rs 85 crore for Q2 FY26, driven by strong growth in biosimilars and generics.

SoFi becomes the first U.S. national bank to offer crypto trading, marking a significant milestone in the banking and cryptocurrency sectors.

Goldman Sachs secures its largest-ever fee on a merger and acquisition deal, signaling strong performance in the investment banking sector.

Mercedes F1 team principal Toto Wolff is in advanced talks to sell his stake in the team, which is valued at $6 billion.

Trump endorses a Senate deal to prevent a government shutdown, raising healthcare concerns among Democrats.

Following a meeting between Trump and Xi, American farmers are set to increase soybean exports to China as tariffs are lifted.

Chile's presidential election highlights a significant political divide with a communist candidate facing a conservative rival.

The U.K. labor market shows signs of cooling as the unemployment rate unexpectedly rises to 5%, impacting British assets.

Concerns grow over Europe's economic stability amid increasing fragmentation among sovereign states.

The U.S. Supreme Court is reviewing a case that could require Trump to repay nearly $200 billion in tariffs collected since 2025.

BBC Director-General Tim Davie defends journalism amid threats from Trump, who plans to sue the network for $1 billion.

The U.S. attorney's office investigates how Pulte obtained mortgage records of key Democrats, following a report from the FHFA's acting inspector general.

Gold prices increased as optimism grew over a potential resolution to the U.S. government shutdown.

U.S. stock markets rebounded significantly, with the Nasdaq rising 2.3% amid hopes for a government shutdown deal.

Indian stock markets rallied, with the Sensex gaining 336 points, driven by optimism over U.S. trade talks.

Bajaj Finance shares fell nearly 7% despite a 22% YoY profit increase, raising concerns over non-performing assets.

NALCO shares surged 12% in two days following a strong Q2 earnings report, with a positive outlook from brokers.

Goldman Sachs upgraded India's market outlook, identifying 11 stocks with high earnings growth potential.

Japan's Nikkei index dipped 0.14% as investors took profits after a tech rally, despite positive news from SoftBank.

UBS predicts that Wall Street's AI-driven rally will continue into 2026, supported by strong corporate profits.

PFC shares dropped 3% over two days following Q2 results that failed to meet investor expectations.

Benchmark indices extended gains for the second consecutive session, led by IT and auto sectors.

The S&P 500 and Nasdaq fell as concerns over tech valuations resurfaced, while markets await the resolution of the U.S. government shutdown.

Bitcoin's recent rally was short-lived, while Zcash experienced a decline, reflecting volatility in the cryptocurrency market.

CoreWeave's stock has plummeted amid concerns over data center issues that could impact future revenue.

Yann LeCun, Meta's chief AI scientist, is departing to launch his own AI venture, signaling a shift in the AI landscape.

AMD's CEO forecasts a 35% annual sales growth driven by rising demand for AI technologies and aims for a significant market share in data center AI chips.

Experts call for a balanced approach to tech adoption as AI advancements continue amidst a slowdown in consumer spending.

Goldman Sachs and HSBC forecast significant growth for Indian stocks by 2026, despite recent sell-offs by foreign investors.

Public sector banks in India are enhancing customer service by hiring staff fluent in local languages.

Delhi's air quality has deteriorated to 'severe' levels, prompting the activation of Stage III of the Graded Response Action Plan.

Exit polls suggest a decisive victory for the NDA in Bihar, indicating potential market stability following the elections.

NSE's electricity futures are emerging as a key benchmark in India's power market, enhancing price transparency.