Financial Summary: Wednesday, November 26, 2025

Elliott Investment Management's $6 billion bid for Citgo has been approved by a federal judge, moving the acquisition forward.

HP Inc shares fell after announcing layoffs and weak guidance due to U.S. trade regulations impacting costs.

Dell reported a revenue miss but provided a strong forecast, driven by increasing sales in AI infrastructure.

General Motors is restructuring its software product division, leading to the exit of a third high-profile tech leader.

Alphabet is on track to achieve a $4 trillion market valuation, bolstered by its focus on artificial intelligence.

Federal Bank's shares surged 27% following a significant investment from Blackstone, indicating growth potential.

Amazon is under FAA investigation after a delivery drone incident in Texas, amid rising competition from Walmart.

Tata Motors shares rose 3% after unveiling the 2025 Sierra SUV, targeting the mid-size SUV market.

Infosys' Rs 18,000 crore share buyback program closes today, with significant tax implications for investors.

Maruti Suzuki has gained 47% year-to-date, marking a strong recovery after years of underperformance in the auto sector.

Nuvama Research has initiated a 'BUY' rating on Premier Energies, targeting Rs 1,270, citing strong growth prospects in India's New Energy sector.

Natco Pharma shares rose over 5% after a three-day slump following a US FDA inspection that raised manageable procedural observations.

India's healthcare and life sciences sector has raised over Rs 62,432 crore, surpassing pre-Covid levels, driven by strong market performance and increased M&A activity.

ABN Amro plans to cut 5,200 jobs by 2028 as part of a cost-reduction strategy.

Whirlpool Mauritius plans to sell a 7.5% stake in Whirlpool of India via a block deal at a significant discount following weak Q2 earnings.

SoftBank has sold its entire stake in Nvidia, raising questions about its investment strategy and market outlook.

Boeing's stock rose following new Pentagon contracts, marking a positive turn after a prolonged decline.

Tesla's stock is on the rise as the company prepares to double its Robo-Taxi fleet.

Rachel Reeves has introduced new budget measures focused on enhancing fiscal responsibility and stimulating economic growth.

Disney's 'Zootopia 2' and Universal's 'Wicked: For Good' are projected to dominate the Thanksgiving box office, though they may not reach last year's record highs.

Financial experts recommend that millennials adopt three money habits from boomers while steering clear of two others to enhance their financial well-being.

Google is intensifying its competition with Nvidia in the AI hardware sector, marking a significant shift in the tech landscape.

Nvidia's Q3 earnings call reveals the profound effects of the AI boom across various industries.

Apple's iPhone shipments are set to surpass Samsung's for the first time in 14 years, driven by the launch of the iPhone 17.

A new MIT study suggests that AI could replace 11.7% of jobs in the U.S., particularly affecting finance, healthcare, and professional services.

Ethereum co-founder Vitalik Buterin notes that Ethereum's growth will become less uniform due to changes in gas costs.

India's commercial sector credit has surged 24% year-to-date, reaching ₹20 lakh crore, driven by lower lending rates and increased investment activity.

The Draft Electricity (Amendment) Bill, 2025 aims to reform industrial power tariffs by eliminating cross-subsidies to enhance profitability in energy-intensive sectors.

India's wedding season is expected to generate Rs 6.5 lakh crore in spending, significantly boosting the fashion and jewellery industries.

Sebi has relaxed educational qualification requirements for investment advisers and research analysts, broadening the pool of applicants.

Apple is challenging India's antitrust penalty law, facing a potential fine of $38 billion.

Asia-Pacific markets are set to rise following Wall Street gains, driven by expectations of a U.S. Federal Reserve rate cut next month.

Indian benchmark indices Nifty and Sensex surged over 750 points amid optimism surrounding a potential U.S. Federal Reserve rate cut.

Nykaa shares reached a 3.5-year high after a 76% rally since March 2025, boosting its market cap to approximately ₹77,200 crore.

European stocks rose by 0.91% amid optimism over potential U.S. Federal Reserve rate cuts and positive developments regarding Ukraine.

Reliance Power and Reliance Infrastructure shares surged up to 5% following a governance overhaul and clean-energy initiatives.

Excelsoft Technologies shares jumped 6% on their debut, reflecting strong investor interest after a successful IPO.

JP Morgan forecasts a 50% drop in crude oil prices to $30 by FY27, which could benefit India's import bill and various sectors.

Mutual funds have reduced stakes in 79 small-cap stocks after two quarters of buying, indicating a cautious approach as market divergence widens.

Reliance Industries' market valuation reached Rs 21 lakh crore as its stock hit a 52-week high.

Benchmark indices rose significantly, supported by strong performances in financials, energy, IT, and auto sectors.

The Nasdaq and S&P 500 indices are trending higher ahead of the Thanksgiving market holiday, reflecting positive investor sentiment.

Australia's consumer inflation rose to 3.8% in October, the highest in seven months, driven by increasing housing costs.

Russia is considering a revised U.S.-brokered peace plan for Ukraine, with mixed reactions from Moscow officials.

French authorities arrested four individuals, including two Russians, on espionage charges related to sensitive economic data.

The UK government announced its budget for 2025, eliciting significant public and political reactions regarding its economic impact.

Uber launched its driverless robotaxi service in Abu Dhabi, expanding its autonomous vehicle operations to a fourth market.

Private jet passengers traveling to the UK will see a fourfold increase in tax, affecting over 500,000 trips annually.

The UK government is set to increase fuel duty for the first time in over 15 years, reversing a trend of tax cuts for motorists.