Financial Summary: Wednesday, December 10, 2025

The FDA has approved a new Merck drug to combat the screwworm infestation affecting U.S. cattle herds, providing relief to ranchers.

Consumers have less than a week to enroll in Affordable Care Act health insurance plans for coverage starting in 2026, amid uncertainty over subsidies.

Millions of student loan borrowers are facing a deadline to resume payments as a proposed Education Department settlement approaches.

The Department of Education has updated the FAFSA to include warnings for students applying to schools with historically low earnings outcomes.

Major film festivals are currently showcasing new talent and upcoming blockbusters in the entertainment industry.

U.S. markets experienced volatility as the Federal Reserve cut interest rates by 25 basis points, leading to a surge in the Dow Jones by over 500 points.

Asian markets are expected to trade mixed as investors await key inflation data from China and the Federal Reserve's interest rate decision.

TotalEnergies plans to divest a 1.5% stake in Adani Green Energy Ltd, potentially raising around Rs 2,400 crore.

Aequs shares surged 8% after listing at a 13% premium over its IPO price, reflecting mixed analyst recommendations.

Meesho shares debuted with a 46% premium, rising 7% on the first day amid strong demand and competition concerns.

Indian markets closed lower as profit-booking set in ahead of the U.S. Fed decision, with global volatility impacting sentiment.

AU Small Finance Bank shares rose after the government increased the foreign investment limit to 74%.

Foreign investments in India's energy and telecom sectors have surged, reflecting strong investor confidence.

Microsoft announced a significant $17.5 billion investment in India's cloud and AI infrastructure.

The Reserve Bank of India is advising large business groups to consolidate their non-banking finance companies for improved oversight.

BlackRock's Global Infrastructure Partners is investing ₹3,000 crore in Aditya Birla Renewables to boost renewable energy capacity in India.

Pine Labs' Setu platform has launched India's first agentic bill payment experience using ChatGPT for efficient bill tracking.

Amazon plans to invest $35 billion in India's cloud and AI sectors by 2030 to enhance its market presence.

Hinge founder Justin McLeod resigns as CEO to launch a new AI-driven dating platform called Overtone.

Channel 4 appoints Priya Dogra as the new chief executive, succeeding Alex Mahon.

Citigroup raises its price target on Apple stock, indicating confidence in the tech giant's performance.

Ola Electric shares plummet 60% as foreign investors reduce holdings amid ongoing losses.

SpiceJet shares surge nearly 20% following IndiGo's flight schedule cuts, expected to increase demand for competitors.

Temasek and other global investors participate in Swiggy's $1.1 billion share sale as the company seeks fresh funding post-listing.

William Hill's owner Evoke announces a strategic review for a possible sale following a tax hit in the UK, resulting in a 10% rise in shares.

Home Depot issues a cautious outlook for fiscal 2026, signaling potential challenges ahead.

UniCredit has initiated steps to exit the Russian market amid ongoing geopolitical tensions.

Adani Enterprises' Rs 25,000 crore rights issue was oversubscribed at 108%, aimed at reducing debt and funding growth initiatives.

Trump suggested that the Federal Reserve could have implemented a more significant interest rate cut during a meeting with business leaders.

Paramount's bid for Warner Bros has attracted investment from Gulf investors, marking a significant collaboration in the media sector.

A 28-year-old entrepreneur turned a $6,000 Airstream trailer into a successful coffee shop, generating $500,000 annually.

Paramount has initiated a hostile takeover bid for Warner Bros. Discovery, signaling a significant shift in the media landscape.

IonQ has launched Slovakia's first quantum-secure network, marking a major advancement in cybersecurity technology.

Nvidia-backed Starcloud has successfully trained the first AI model in space, paving the way for future orbital data centers.

Nvidia has refuted claims that China's DeepSeek is using its banned Blackwell AI chips amid ongoing export tensions.

President Trump campaigns in Pennsylvania, focusing on economic issues as he aims for a second term.

China's consumer inflation hits a near two-year high, leading to discussions on potential economic policy changes.

The UK Home Office faces backlash for lacking sufficient data on 2023 asylum claimants, raising accountability issues.

Australia enacts the world's first social media ban for users under 16, attracting international attention.

The U.S. now requires tourists from several countries to provide their social media history for entry.

The U.S. seizes an oil tanker off Venezuela's coast amid military tensions in the Caribbean related to drug trafficking.

Ukrainian President Zelenskyy discusses postwar reconstruction plans as efforts to end the Russian invasion continue.

China adds domestic AI chips to its official procurement list, boosting local technology amid geopolitical tensions.