Financial Summary: Saturday, January 3, 2026

Goldman Sachs reports a significant decline in its India portfolio, with 28 stocks dropping between 10% to 60%.

Energy stocks and utilities led the market on the first trading day of 2026, while tech stocks like Tesla faced declines.

Warren Buffett warns of potential major declines in the stock market but emphasizes the importance of long-term investment strategies.

The cryptocurrency market sees Shiba Inu reaching a significant price point, while Bitcoin aims for $100,000.

Cathie Wood's ARK Fintech ETF has surged 30% in 2025, defying the broader industry downturn.

Fed's Paulson indicates that another interest rate cut may take longer than expected, impacting market expectations.

Morgan Stanley issues a surprising outlook on tech stocks, suggesting potential shifts in the market landscape.

Saks Global appoints a new CEO as it prepares for bankruptcy following its acquisition by Hudson's Bay Co.

ITC shares fall to a three-year low after a government excise duty hike on tobacco products.

Warren Buffett has stepped down as CEO of Berkshire Hathaway, handing over leadership to Greg Abel.

Vodafone Idea's promoters plan to settle ₹3,529 crore in legacy merger liabilities through a financial restructuring agreement.

Nvidia's forecast of $65 billion highlights the ongoing boom in the AI sector, signaling strong market confidence.

GigaCloud has finalized its acquisition of New Classic Home Furnishings, expanding its portfolio in the home goods sector.

Royal Caribbean is poised for continued financial success in 2026, leveraging its strong market position and growth strategies.

A major restaurant brand has filed for Chapter 11 bankruptcy as it faces mounting lawsuits and financial pressures.

Anthropic co-founder Daniela Amodei highlights the company's focus on enhancing AI efficiency and effectiveness in their new innovation strategy.

Investors show optimism towards a new AI infrastructure venture that has the potential to double their investments.

Experts forecast significant advancements in Quantum Computing Inc. over the next three years, predicting a major impact across various industries.

Experts recommend four key strategies for individuals to achieve their financial goals by 2026, emphasizing budgeting, investing, and saving.

Retirees are advised to understand three crucial aspects of Social Security as significant changes are expected in 2026.

Experts highlight the importance of supplemental earnings, defining what constitutes a good side gig income for individuals in 2026.

Experts caution that the timing of claiming Social Security can greatly affect benefits, urging individuals to consider their options carefully.

The U.S. has ordered a Chinese-controlled company to divest its semiconductor assets due to national security concerns.

Explosions in Caracas, Venezuela, have raised alarms as military aircraft are spotted in the area.

Donald Trump announced the capture of Venezuelan President Nicolás Maduro during U.S. military operations in Caracas.

Following Maduro's capture, a federal indictment against him and his wife was unsealed, highlighting ongoing legal issues.

President Trump stated that U.S. oil companies will invest billions in Venezuela's energy sector after Maduro's overthrow.

The U.S. plans to oversee a transition in Venezuela following the military operation that led to Maduro's capture.

U.S. airlines have canceled hundreds of flights to the Caribbean following military strikes on Venezuela, raising concerns about travel disruptions.

President Trump announced plans for the U.S. to 'run' Venezuela after the military removal of President Maduro, prompting backlash from Congress.