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Food giants are rethinking premium coffee investments as volatile prices and Trump-era tariffs disrupt the market. Nestle is exploring a sale of Blue Bottle Coffee, while Coca-Cola is weighing options for Costa. Tariffs on Brazil previously sent coffee to record highs, and although they have been lifted, demand concerns persist as companies restructure and cut costs.
short by / 07:22 pm on 02 Dec
Investors are unsure whether a Santa Rally will lift markets this year as December opens with tariff-driven volatility, weak consumer spending and high inflation. Despite strong holiday sales expectations and a likely Fed rate cut next week, the S&P 500 is tracking its weakest gains in three years. AI stocks surged, but broader markets remain strained.
short by / 08:09 pm on 02 Dec
The OECD said the global economy is proving more resilient to Trump-era tariffs than expected, thanks largely to strong AI investment. It raised its 2025 US growth forecast to 2% from 1.8% and noted that US GDP would have dipped 0.1% without tech spending. China’s outlook was also lifted to 5%. The group warned that rapid tariff changes could still hurt growth.
short by / 08:26 pm on 02 Dec
Wedbush added Unity to its Best Ideas list and raised its price target to $55, citing improving confidence in the company gaming engine and mobile advertising platform. Analyst Alicia Reese said Unity is well positioned to benefit from growing demand for game engines and ongoing enhancements to its advertising tools.
short by / 09:31 pm on 02 Dec
Innoviz shares rose 15% premarket after Daimler chose its InnovizTwo Short-Range LiDAR for Level 4 autonomous Freightliner Cascadia trucks. The sensors will work with Torc Robotics virtual driver to support commercial deployment across North America. Torc said Innoviz provides the reliability and redundancy needed for safe autonomy. Innoviz had hinted at a major OEM deal in September.
short by / 08:03 pm on 02 Dec
Meta stock has lagged the Magnificent Seven this year despite its AI push, sliding about 20% from its August peak. Yet its forward P/E of 21.7 sits below the S&P 500’s, and analysts still see roughly 31% upside. Evercore ISI reiterated its bullish stance, arguing Meta’s sum-of-the-parts valuation makes it the group’s most compelling bargain.
short by / 08:13 pm on 02 Dec
Michael Burry denied reports that he is shorting Tesla, saying on X that his earlier short position was $5M, not $500M. He reiterated his view that Tesla market cap is ridiculously overvalued. The comments came as Tesla shares rose nearly 1% in early trading, with retail sentiment on Stocktwits trending bullish.
short by / 09:10 pm on 02 Dec
Janux Therapeutics sank nearly 50% after analysts cut price targets following new Phase 1 results for its prostate cancer drug JANX007. While the company highlighted strong PSA declines, durable responses, and manageable safety, analysts flagged delays and unanswered questions. Despite the selloff, several firms kept bullish ratings.
short by / 10:41 pm on 02 Dec
Michael Burry warned that US stocks may face several bad years, saying today bear market could last longer than the 31-month downturn of 2000. On the Against The Rules podcast, he argued that passive investing now dominates markets, increasing systemic risk. With fewer active stock pickers, Burry said, the whole things just going to come down.
short by / 08:06 pm on 02 Dec
Centre blocks 87 illegal loan apps
short by Girish Kumar Anshul / on 02 Dec 2025,Tuesday
The Centre informed Parliament that Ministry of Electronics and Information Technology (MeitY) has blocked 87 illegal loan apps. Minister of State for Corporate Affairs Harsh Malhotra said regulatory actions, including inquiries, inspections of accounts, and investigations under the Companies Act, 2013, are conducted periodically against companies involved in online lending activities.
short by Girish Kumar Anshul / 09:16 pm on 02 Dec
Ross Gerber, President and CEO of Gerber Kawasaki, said Tesla must upgrade vehicle hardware, including cameras, to reach Level 5 autonomy, despite advances in the new FSD 14 update. The update increases neural network parameters tenfold and adds features like advanced parking and new speed profiles. Tesla shares fell 0.2% in early trading.
short by / 08:23 pm on 02 Dec
Strategy Inc, which owns about 650,000 BTC or 3.1% of all Bitcoin raised $1.44B in cash to cover roughly 21 months of dividends and interest without selling any BTC. The reserve was funded by issuing 8.2M new shares, diluting holders but buying time in a downturn. MSTR stock jumped 6% Tuesday as Bitcoin rebounded above $90,000.
short by / 09:25 pm on 02 Dec
President Trump praised Michael and Susan Dell after they committed $6.25B to seed investment Trump accounts for 25 million children not covered under a new federal savings program. The Dells will contribute $250 per child, while the federal plan gives $1,000 to those born from 2025-2028. Michael Dell said investing in children is the smartest long-term choice.
short by / 09:46 pm on 02 Dec
Polyrizon shares spiked over 80% premarket after the company said it successfully scaled production of its PL-14 nasal spray from lab batches to controlled, larger manufacturing runs. The breakthrough supports upcoming clinical trials and future commercial supply. Retail sentiment jumped to extremely bullish with high message activity on Stocktwits.
short by / 07:17 pm on 02 Dec
Predictive marketplace Kalshi raised $1B at an $11B valuation in its third funding round this year, led by Paradigm with backing from major VCs. The valuation reportedly makes co-founders Mansour and Luana Lopes Lara paper billionaires. The New York Times says Kalshi is also exploring expansion, including a potential partnership with CNN to boost mainstream adoption.
short by / 07:59 pm on 02 Dec
Boeing jumped more than 8% after CFO Jay Malave said the company expects positive free cash flow in 2026 and improved aircraft deliveries. The planemaker projects low single-digit positive cash flow next year versus a $2 billion outflow this year. Boeing warned the 737 Max 10 likely wont be certified until late 2026, delaying some deliveries into 2027.
short by / 09:52 pm on 02 Dec
A pan masala and bidi trader with ₹5-crore turnover in Gujarat won relief from Income Tax Appellate Tribunal (ITAT) after he received tax notice for ₹12.29-lakh unexplained income. ITAT noted the trader had deposited the amount via specified bank notes in November 2016, and the notice was based on taxing same amount twice. ITAT also disallowed interest on 'unexplained income'.
short by Ashley Paul / 10:59 pm on 02 Dec
Rupee falling against major currencies good for economy: Economist
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
Rajiv Kumar, economist and former NITI Aayog VC, said the Indian rupee's depreciation against major world currencies is not worrying. "In fact, it is good for the economy as it encourages labour-intensive exports from India, increases foreign exchange earnings and generates more jobs," Kumar said. "The Macho Rupee syndrome should be discarded immediately," he added.
short by Mansi Agarwal / 10:58 pm on 02 Dec
Wakefit sets ₹185-195 apiece price band for ₹1,289 crore IPO
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
Home and furnishings startup Wakefit has announced a price band of ₹185-195 per share for its upcoming IPO worth around ₹1,288.89 crore. The IPO, opening on December 8, will include a fresh issue worth ₹377 crore and an offer-for-sale of 4.6 crore shares. The company has reserved 75% of the IPO for qualified institutional bidders.
short by Mansi Agarwal / 09:15 pm on 02 Dec
Yes Bank, Union Bank of India to join Nifty Bank from Dec 31
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
Yes Bank and Union Bank of India will join the Nifty Bank on December 31, taking the total number of constituents on the index to 14. The move follows a change in methodology. According to Nuvama analysts, Yes Bank could see an inflow of around ₹1,200 crore following the inclusion, while Union Bank could attract ₹980 crore.
short by Mansi Agarwal / 10:16 pm on 02 Dec
India's wealth management market to grow to $30-bn by FY31: Report
short by Shristi Acharya / on 02 Dec 2025,Tuesday
India's wealth management market is expected to grow from $14 billion to around $27-31 billion by FY31, Equirus Wealth reported. The figure reflects a compound annual growth rate of 15-17% over the next five years. By 2028, investors may increase allocations to venture capital, private debt and long-short strategies, signalling a move towards higher-yield and more flexible investment options.
short by Shristi Acharya / 10:48 pm on 02 Dec
Time to be careful: Raghuram Rajan on rising private credit risks
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
Former RBI Governor Raghuram Rajan has warned against the excess liquidity in private credit globally. "We're in a period where there's ample credit, and the Fed is cutting...So this is a time to be...more careful," he stated. Unlike traditional banks, Rajan said the private credit is less regulated and doesn't have "direct lines to the central bank".
short by Mansi Agarwal / 08:55 pm on 02 Dec
Employee claims pay cut for leaving early as grandmother was sick
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
An employee claimed on Reddit that their pay for a day was cut after they left work early due to their grandmother being admitted to the ICU. "While I was still in...hospital, the director of the company started shouting," the employee said. The employee added that they informed a colleague about leaving early, but they forgot to tell the management.
short by Mansi Agarwal / 08:54 pm on 02 Dec
Numaligarh Refinery becomes 27th Navratna CPSE
short by Mansi Agarwal / on 02 Dec 2025,Tuesday
Finance Minister Nirmala Sitharaman has granted Navratna status to Numaligarh Refinery, making it the 27th Central Public Sector Enterprise to have the title. The refinery's annual turnover was ₹25,147 crore and net profit was ₹1,608 crore for FY 2024-25. Oil India is the majority shareholder of the refinery at 69.63%, followed by the Assam government at 26%.
short by Mansi Agarwal / 10:57 pm on 02 Dec
US banker quits JPMorgan, takes 50% pay cut to work for YouTuber
short by Garima Garg / on 02 Dec 2025,Tuesday
Bart Dziedzic, a 27-year-old former investment banker in the US, revealed how he quit JPMorgan and took a 50% pay cut to join the most-subscribed YouTuber's team in 2024. He said that 80- to 100-hour workweeks took a toll on him, despite good money. "I saw the opportunity to learn, add value...and have autonomy," he said about joining the YouTuber.
short by Garima Garg / 08:41 pm on 02 Dec
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