Financial Summary: Thursday, January 8, 2026

Foreign investors withdrew ₹16,848 crore from Indian markets in December, leading to declines in the FMCG and financial services sectors.

The Indian stock market's Sensex fell over 1,600 points in four days due to concerns over potential U.S. tariffs on imports.

Shares of Vedanta and Hindustan Zinc dropped sharply amid a broad sell-off in the metal sector linked to declining commodity prices.

BHEL, ABB, and L&T shares plunged up to 14% following reports of potential lifting of restrictions on Chinese companies bidding for contracts.

Laurus Labs shares reached an all-time high, showcasing strong bullish momentum in the stock.

The NSE is set to launch India's first natural gas futures contract, marking a significant development in the commodities market.

Sebi has revamped stockbroker regulations to enhance compliance and ease of doing business in the market.

U.S. stock markets fell, with the Dow dropping after unexpected jobless claims, impacting major tech stocks.

Indian equities fell for the fourth consecutive session, with Nifty slipping below 26,000 amid geopolitical tensions and FII outflows.

Sebi has established a working group to develop a technology roadmap for market infrastructure, focusing on AI and cloud technologies.

Ford plans to launch eyes-off driving technology in a $30,000 electric vehicle by 2028 to compete with Tesla.

JPMorgan Chase has acquired the Apple Card from Goldman Sachs, gaining control of a $20 billion credit card portfolio.

Alphabet's market capitalization has surpassed Apple's for the first time since 2019, driven by differing AI strategies.

Samsung Electronics expects a nearly three-fold increase in operating profit for Q4 2025 due to rising memory prices.

Nestlé faces a potential SFr1 billion sales loss from a recall of its infant formula, impacting its revenue and reputation.

CrowdStrike has acquired identity security startup SGNL for $740 million as part of its growth strategy.

Costco's stock price surged following strong sales in December, indicating renewed investor confidence.

Glencore and Rio Tinto have resumed discussions on a $260 billion mining megadeal to create the world's largest mining group.

Soho House's $2.7 billion deal to go private faces a funding snag as a key partner cannot meet a $200 million commitment on time.

Nvidia continues to receive positive news, but its stock remains stagnant, leading to discussions on investment timing.

Google and Character.AI are settling lawsuits with families over the alleged harm caused by AI chatbots linked to minor suicides.

Elon Musk asserts that Tesla's Full Self-Driving technology will not face significant competition for the next 5 to 6 years, despite Nvidia's advancements in the autonomous vehicle market.

Nvidia announces its entry into the autonomous vehicle market, intensifying competition with Tesla.

Elon Musk's lawsuit against OpenAI, which includes Microsoft as a defendant, is set to go to trial over allegations of breach of fiduciary duty.

Indian banks are projected to show strong profitability in Q3, driven by lower deposit rates and significant credit growth.

Trump announced that Venezuela will use oil deal revenue to purchase American products, while the U.S. retains control over Venezuela's oil sales.

The U.S. is set to discuss the future of Greenland with Danish officials amid ongoing interest in the territory.

China has reportedly hacked the email systems of U.S. congressional committee staff, raising serious security concerns.

European defense stocks are experiencing a rally amid rising geopolitical tensions, with notable gains in companies like Leonardo and Renk.

The U.S. Senate voted to block Trump from future military action in Venezuela, following his recent military intervention attempts.

Venezuela announced plans to release a significant number of prisoners, marking a shift after years of repression under the Maduro regime.

An ICE officer shot and killed a woman in Minnesota, sparking tensions between federal and local authorities over the investigation.

CNBC anchor Becky Quick has initiated the CNBC Cures campaign to raise awareness for her daughter's rare disease.

Minnesota officials accuse the FBI of obstructing evidence in the investigation of the fatal shooting of Renee Nicole Good by an ICE agent.

California Rep. Ro Khanna criticizes the DOJ for withholding Epstein files and calls for a compliance monitor.

An opinion piece highlights the irony of capitalism funding its own critics, referencing the new adaptation of 'Animal Farm'.