Nio push for Q4 profitability faces fresh strain after its budget brand Firefly cut prices by nearly 18% in Norway to clear unsold inventory amid weak demand and reduced delivery targets. As Nio expands the brand into new global markets, investors await earnings to see whether the company can balance deep discounting with its goal of improving margins.

US futures slipped as traders turned cautious ahead of key economic data and rising skepticism around AI. Nvidia and AMD fell in overnight trading after reports that Alphabet may sell its TPU chips to Meta and others. With volatility expected, investors are watching earnings from Dell and HP to gauge the strength of AI-related spending.

Novartis shares rose over 1% premarket after the FDA approved Itvisma, the first gene-replacement therapy for SMA patients aged two and older. Phase III data showed improved or stabilised motor function with a single dose. The approval broadens Novartis gene therapy portfolio, supported by new rights to key AAV9 and recombinant AAV delivery platforms.

Amentum shares jumped over 9% premarket after the company beat quarterly earnings and revenue estimates. Adjusted EPS came in at $0.63 versus $0.59 expected, while revenue reached $3.93 billion, topping forecasts. The firm also reported a growing $47.1 billion backlog, supported by contract wins and strength in nuclear energy, digital infrastructure, and space systems.

Tesla shares slipped 0.7% premarket after October data showed the company losing further ground in Europe. Registrations fell as buyers turned to more affordable EVs from BYD and Stellantis, while other automakers posted gains. Tesla also faced scrutiny from Dutch regulators over its 2026 Full Self-Driving approval claims.

A resurfaced post shows Chamath Palihapitiya 2020 bearish call on Meta and Alphabet aged poorly, as both stocks massively outperformed. Alphabet is up about 325% and Meta roughly 150% since his warning. A $1,000 stake in each would now be worth over $6,700 combined, with analysts still seeing meaningful upside ahead.

David Geffen is set for a potential $500 million profit if Warner Bros. Discovery stock climbs to $25. He reportedly bought shares at $7-$8 earlier this year, positioning himself for a nearly 200% return. The stock rebound suggests early buyers could also see significant gains as investor sentiment improves.

The Nifty Smallcap 100 index ended in the green on Tuesday, snapping a five-session losing streak. However, according to experts, smallcaps will likely underperform in the near future, as valuations are high, earnings growth is slow, and investors are shifting towards large caps. Several IPO launches and a boom in primary markets have also constrained investor funds.

The wealth of US President Donald Trump's family has dropped by over $1 billion due to the heavy losses caused by the crash in the cryptocurrency market, Bloomberg reported. Notably, the high-risk digital currency market is facing a sharp decline of nearly $1 trillion in value. The family's wealth has dipped to $6.7 billion, as per the Bloomberg Billionaires Index.

Bengaluru reported 44,177 cybercrime cases between 2023 and October 31, 2025, with citizens losing ₹4,143 crore during the period, reported Moneycontrol. According to Bengaluru Police records, such losses tripled from ₹681 crore in 2023 to ₹1,996 crore in 2024, driven by investment scams, phishing attempts, online fraud and digital arrest scams. As of October 2025, losses reached ₹1,446 crore.

Tesla CEO Elon Musk said other automakers are not interested in licensing his company's Full Self-Driving (FSD) system. "I have tried to warn them and even offered to license Tesla FSD, but they don't want it! Crazy," he wrote on X. Ford CEO Jim Farley had earlier publicly rejected the idea of using FSD, stating that "Waymo is better."

Google's parent company Alphabet closed in on a $4 trillion valuation on Monday, a Reuters report said. The surge is reportedly fuelled by strong investor confidence and renewed belief in Google's leadership within the rapidly expanding artificial intelligence (AI) sector. Earlier this year, Google's Gemini "Nano Banana" model went viral, leading to a massive surge in reach and user adoption.

Google Co-founder Larry Page has overtaken Oracle Co-founder Larry Ellison to become the world's second-richest person, with his current net worth estimated at $255 billion, Forbes reported. This comes from a single-day gain of $8.7 billion after Google's parent Alphabet's stock price surged over the success of the new Gemini 3 AI model. Page holds a 3.2% stake in Alphabet.

Indian-American Netra Mantena and Vamsi Gadiraju wedding in Udaipur costed around ₹75-80 crore, reports said. The wedding functions saw performances by several celebs, with reports stating that Jennifer Lopez charged ₹17 crore for her performance. It was also reported Ranveer Singh and Shahid Kapoor charged ₹3-4 crore for performances, Kriti Sanon, Janhvi Kapoor and others charged ₹1-2 crore each.

Reliance Infrastructure, owned by Anil Ambani, has seen its share price crash over 63% from its 52-week high of ₹425, falling to ₹149.85. The stock has dropped 47% in six months and more than 53% this year. A major block deal worth ₹81.15 crore at ₹157/share added to market pressure, while promoters hold 19.05% stake.

Billionaire Mukesh Ambani's close aide Parimal Nathwani's son Karan got married at Reliance-owned Jio World Centre in Mumbai. Parimal is Reliance Industries' Director of Corporate Affairs and a Rajya Sabha member. Multiple visuals of Karan and Dweta's wedding also surfaced online, with one video showing Nita Ambani applying tilak to the newlywed couple's foreheads before they sought her blessings.

Chief Economic Advisor V Anantha Nageswaran said India's economy is expected to cross $4 trillion in FY26. "Whatever we do with respect to greening the economy, energy transition, environment, dealing with climate change...have to be aligned with our priorities, both in near term and medium term," Nageswaran said. India is currently the fifth-largest economy with GDP of around $3.9 trillion.

A 30-year-old who invests ₹1 lakh per month in National Pension System at assumed 10% annual return can see total contribution of ₹3.6 crore grow to over ₹20 crores by age 60, a Moneycontrol report said. At retirement, 60% can be withdrawn, while 40% goes into an annuity. At 6% annuity rate, this gives monthly pension of about ₹4.13 lakh.

The newly formed Bihar cabinet, in its first meeting on Tuesday, announced plans to create one crore jobs for state's youth over the next five years. Chief Secretary Pratyay Amrit said focus is on employment and industrial growth. He added that a defence corridor, semiconductor park, a mega tech city, and fitness city will help make Bihar a tech hub.

Employees in Delhi have the highest average working hours per week at 54.3, according to the data from the Periodic Labour Force Survey (PLFS) 2023–24. It is followed by Gujarat with an average of 52.5 hours per week and Rajasthan at 52.3 hours/week. Chandigarh and Punjab are next with 52 and 50.1 hours/week, respectively.

At least 50% of Indian states and Union Territories exceed the 48-hour workweek limit set by the Centre's new Labour Codes, according to the data from the Periodic Labour Force Survey (PLFS) 2023–24. The data states that about one in four regular workers in India works over 48 hours/week, while 7.7% of workers work between 60 and 72 hours.

Reliance Industries' share price rose by over 1% to ₹1,560, hitting 52-week high in Tuesday's trading session. Further, the stock has jumped nearly 4% in a month and over 8% in six months. RIL's stock price has hiked 27%, compared to an 8.4% gain in the benchmark index. As of today, RIL's market cap stands at ₹20.82 lakh crore.

CopperTech Metals, an arm of Vedanta Resources, has filed confidential draft papers for a potential initial public offering in US. The IPO is expected to take place following the completion of the review by US Securities and Exchange Commission and is subject to market conditions. Reportedly, the capital raised would likely help fund the Konkola copper mine expansion.

The government is considering imposing import tariffs on certain steel products to protect the domestic industry from cheaper Chinese imports, Reuters reported. Exports from China made India "vulnerable", a source said. South Korea was the biggest exporter of finished steel to India during the first seven months of FY26, followed by China, Japan and Russia.

Contract manufacturer Zetwerk has hired six banks to plan for an IPO that could potentially raise up to $750 million, Bloomberg reported. The Bengaluru-based company has chosen Kotak Mahindra Capital, Morgan Stanley, Avendus Capital, Goldman Sachs, JM Financial Services and HSBC. In December 2024, Zetwerk raised roughly $90 million at $3.1 billion valuation.