Financial Summary: Friday, November 14, 2025

JPMorgan's Erdoes emphasizes the transformative potential of AI while warning of a potential market bubble.

Google has successfully disrupted a major cybercriminal group involved in a large-scale text scam operation.

Concerns arise among investors over GPU depreciation as AI spending is projected to exceed $1 trillion in five years.

A CNBC survey indicates that AI is expected to impact 89% of jobs next year, prompting HR leaders to rethink workforce strategies.

Counting for the Bihar elections has begun, with forecasts suggesting a hung assembly and potential political instability.

Economists predict a possible interest rate cut by the RBI due to a favorable inflation outlook.

Fintech firm Groww successfully debuted in the public market, raising Rs 30,000 crore.

On Children's Day, experts highlight the importance of life insurance for supporting children's education amid rising costs.

Modi's anticipated victory in the Bihar elections may lead to farm-related concessions in upcoming India-U.S. trade talks.

Labour MPs express discontent over party leadership's credibility following a controversial income tax policy reversal.

Gold prices increased slightly as investors engaged in dip-buying after recent profit-taking.

Natural gas prices surged to their highest levels since the Ukraine invasion, raising concerns about winter heating costs.

Tech shares faced a sell-off on Wall Street, contributing to increased market volatility amid inflation concerns.

Asian markets opened lower, reflecting Wall Street's losses and doubts about the US Federal Reserve's interest rate decisions.

The Indian rupee fell to Rs 88.7 as India underperformed in emerging markets amid low exposure to AI-driven rallies.

European shares declined as expectations for US rate cuts diminished, despite a strong weekly performance for the main index.

The Dow Jones fell 500 points, with the S&P 500 and Nasdaq also declining over 1% due to a tech selloff.

Indian markets rebounded sharply following the NDA's victory in Bihar, with notable gains in PSU banks and pharmaceuticals.

The September Jobs Report is set to be released on Thursday, providing crucial labor data following the recent government shutdown.

U.S. natural gas futures ended the week with a 5.8% gain despite a larger-than-expected storage build.

UK borrowing costs surged as investor confidence waned following the government's decision to abandon plans for increased income tax rates.

Under Armour has ended its partnership with NBA star Steph Curry to refocus on its core brand strategy.

StubHub's stock dropped 20% after the CEO failed to provide guidance for the upcoming quarter, despite beating revenue expectations.

Asian Paints shares rose over 8% following a strong Q2 performance and the exit of a rival CEO, leading to analyst upgrades.

DWS Group is acquiring a 40% stake in Nippon Life India's alternatives business to enhance its presence in the sector.

Mahindra & Mahindra is entering the life insurance market through a joint venture with Manulife, targeting rural areas.

SoftBank shares fell over 8% for the third consecutive day after selling its entire stake in Nvidia, raising investor concerns.

Bharat Dynamics shares surged 7% following a 76% YoY increase in Q2 net profit and a major defense order win.

Infosys is in the midst of an Rs 18,000 crore share buyback, prompting discussions on tendering strategies among shareholders.

Hero MotoCorp reported a 16% YoY increase in Q2 net profit, driven by strong festive demand and growth in vehicle volumes.

Jubilant FoodWorks shares surged 9% after reporting a 190% year-on-year increase in profit after tax for Q2.

Marico's Q2 results showed a slight dip in profit after tax but a strong 31% increase in revenue, driven by domestic and international growth.

MRF announced a 12% rise in net profit for Q2 and declared an interim dividend of Rs 3 per share.

Oswal Pumps reported a 48% increase in net profit for Q2, reflecting strong growth in total income.

Paras Defence shares rose 10% after a 50% jump in net profit for Q2, bolstered by new defense contracts.

Kotak Mahindra Bank's board will consider a stock split proposal on November 21.

Muthoot Finance reported an 88% increase in Q2 profit, driven by strong gold loan demand and an expanded loan book.

Tata Motors' Q2 net profit surged to Rs 76,170 crore due to one-time gains, despite a 13% drop in revenue.

Walmart CEO Doug McMillon announced his resignation after over a decade, with a new head of the US division set to take over.

Merck announces a $9.2 billion acquisition of Cidara Therapeutics, marking a significant move in the biotech sector.

Purdue Pharma received court approval for a $7.4 billion settlement related to its opioid crisis lawsuits, paving the way for its exit from bankruptcy.

JPMorgan Chase has successfully negotiated terms with fintech firms regarding fees for accessing customer data, altering the competitive landscape.

AIG faces executive turnover as its incoming president, John Neal, will no longer join the company just weeks before his start date.

A major air attack on Kyiv by Russian forces resulted in six deaths and numerous injuries, with 19 missiles and hundreds of drones targeting the city.

China's economic slowdown deepened in October, driven by a housing slump and reduced investments, leading to lower consumer demand and factory output.

Oil prices surged following a Ukrainian attack on a major Russian port, escalating regional tensions.

A White House memo alleges that Alibaba is providing technological support to the Chinese military, raising concerns over U.S. national security.

In the UK, a significant sell-off in gilts occurred following a dramatic U-turn on tax plans ahead of the upcoming Budget, raising concerns about fiscal stability.

Investor Kevin O'Leary advises Harvard students on the importance of choosing their associates wisely for success.

Renters insurance is gaining popularity as individuals seek financial protection for their belongings.

Experts suggest using AI tools to enhance retirement planning and financial decision-making.

Summer Worden has pleaded guilty to making false allegations against astronaut Anne McClain, facing potential prison time.

Near-retirees are encouraged to work longer and tap into home equity to address retirement savings gaps.

Electricity prices are rising, with residential utility bills increasing by an average of 6% nationwide in August.