Chicago AI startup Greenshoe has raised $3 million in seed funding led by AIX Ventures with support from Hearst Level Up Ventures, Blueprint FTC and others to modernise SEC filings. Its AI-native platform automates research, drafting and structural analysis, helping legal and capital markets teams create accurate disclosure documents faster.

Isha Ambani and Anand Piramal live a life of luxury, balancing business and family with style. Their Mumbai mansion, Gulita, is a 50,000 sq ft diamond-themed, five-storey sea-facing residence designed by Eckersley O'Callaghan. With lavish amenities like a swimming pool, diamond room, and private temple, the ₹818 crore home reflects their wealth, taste, and high-profile lifestyle.

Alibaba shares rose nearly 4% premarket after the company beat second-quarter revenue expectations, driven by strong AI-powered cloud growth. CEO Eddie Wu said Cloud Intelligence Group revenue jumped 34%, with AI product revenue seeing triple-digit growth for the ninth straight quarter. Q2 revenue rose 5% to RMB 247.8 billion, topping forecasts.

US futures edged lower Tuesday as investors awaited key economic data, including retail sales, PPI, consumer confidence, and pending home sales. Asian markets finished mostly higher, led by Taiwan's TWSE index. Stocks like Alphabet, Meta, Nvidia, and Alibaba are in focus ahead of the Thanksgiving-shortened trading week.

Woodward shares rose over 6% premarket after the company beat fourth-quarter earnings and revenue expectations. Adjusted EPS came in at $2.09 versus $1.89 expected, and sales reached $995 million, above forecasts. Strong aerospace and industrial segment growth, along with rising engine component demand, supported results. The firm expects 7%-12% sales growth in fiscal 2026.

AST SpaceMobile added new manufacturing facilities in Texas and Florida while doubling its US workforce to more than 1,800 employees. With 95% of production verticalised, the company now handles nearly all manufacturing domestically. The expansion strengthens its ability to scale space-based broadband operations and deepen its US footprint.

US Treasury Secretary Scott Bessent said there is a very good chance President Trump will announce his Federal Reserve chair nominee before Christmas. He confirmed five candidates are in second-round interviews and praised their strength. Bessent added that the final timing remains Trump's prerogative.

'FOMO finance' means investing or making financial decisions out of fear of missing out on a trend or investment opportunity after seeing others. An expert said many invest not out of patience, but pressure. It can be triggered after seeing friends, social media 'finance gurus' or news about investment gains that may lead to anxiety about being left behind.

PPFAS Asset Management CIO Rajeev Thakkar said a ₹1,000 monthly SIP won't make people billionaires like Elon Musk or Mukesh Ambani. "Sorry to be bearer of bad news. Your [investment] will have to be substantially higher if you want to reach there," Thakkar said. He added that a "big portion" of returns from investments depends on investors, not investment managers.

HP has said it will lay off between 4,000 and 6,000 employees globally by fiscal 2028 as part of plans to streamline operations and adopt AI. CEO Enrique Lores said that teams focused on product development, internal operations and customer support will be impacted. He added the initiative will create $1 billion in gross run rate savings over three years.

Apple has moved Delhi HC, challenging certain provisions of India's competition law as CCI is allowed to impose penalties based on a company's "global turnover." Fines are imposed for abusing dominant position or entering into anti-competitive agreements. CCI can impose penalties up to 10% of an enterprise or group of enterprises' average turnover or income over the last three years.

Zinit has secured $8 million in a seed funding round led by AltaIR Capital, valuing the company at around $48 million. The Dubai-based platform uses AI to automate sourcing processes such as supplier discovery, RFP creation and multi-round negotiation. The funds will drive global expansion and product development.

The Central Consumer Protection Authority (CCPA) has imposed a ₹1 lakh penalty on JioMart (Reliance Retail Limited) for listing uncertified walkie-talkies and running misleading ads. Several devices were being sold without key details such as operating frequencies or required approvals. The body said this omission misled consumers into believing the devices could be freely purchased and used.

IT employees' union FITE shared a woman's message claiming TCS forced her to resign with one-day notice. "After my divorce, I received no alimony because I was...employed at TCS," she said. She claimed she'd "exceptional performance" but was given D-band ratings and wasn't given score details after she failed an internal test, which TCS cited as reason for her firing.

Maharashtra Transport Minister Pratap Sarnaik announced that metro services between Dahisar and Kashimira in Mira Road are expected to start by December, after pending safety certification. This will finally bring metro connectivity to Mira-Bhayandar, enabling direct travel to Andheri, Colaba via the airport, and South Mumbai, with future extensions planned towards Vasai-Virar.

The FIIs, as per data on Tuesday, November 25, were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of ₹56,721.01 crore against gross selling of ₹60,571.88 crore. Thus, FIIs stood as net sellers of ₹3,850.87 crore in equities.

India's equity benchmarks are poised to open higher on Wednesday, tracking Asian peers on rising expectations of an imminent Federal Reserve rate cut. Gift Nifty futures were trading at 26,165, as of 08:00 am IST, indicating that the Nifty 50 could open above Tuesday's close of 25,884.8.

Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply. Brent was at $62.67, WTI was at $58.09 as crude edged higher.

Asian stocks rose on Wednesday, chasing gains on Wall Street as weaker-than-expected economic data spurred expectations that the Federal Reserve will cut interest rates at its policy meeting next month. MSCI's broadest index of Asia-Pacific shares outside Japan was up 1%, after US stocks ended the previous session with mild gains.

Multimillionaire businesswoman Nicole Bernard Dawes told Fortune that she doesn't want her employees to work beyond their office hours, even though that makes her a "hypocrite". "I never unplug...I did this to myself-a self-inflicted situation. [My employees] didn't sign up to be entrepreneurs," Dawes said. She said she works non-stop as she never wants to hold up a team member.

Verifying the authenticity of a market trading app available on app stores is crucial to avoid getting scammed. A user must verify platform legitimacy by checking on the Exchanges website or the SEBI Investor website under the registered mobile trading apps section, says SEBI. One must check app developer details and ensure it has an official website and customer support.

A healthcare report prepared by Deloitte which was commissioned by provincial government in Canada for nearly $1.6 million, allegedly contained AI-generated errors, Canadian news outlets said. The healthcare report allegedly listed names of researchers who didn't exist. Earlier this year, Deloitte Australia issued a partial refund for a $290,000 report that also had alleged AI-generated errors.

Tax cuts in the current financial year have affected India's revenue growth, according to Moody's Ratings VP Martin Petch. "Revenue growth has been fairly weak and there are probably some constraints in terms of fiscal consolidation," Petch said. "There is probably less scope for fiscal policy support for the economy," he added.

The International Monetary Fund (IMF) is expected to reclassify India's foreign exchange rate management regime in the near future, Bloomberg reported. In 2023, India's forex management framework was reclassified to a "stabilised arrangement" from a "floating" system, citing excess intervention. The potential reclassification comes amid the rupee hitting record lows against the US dollar.