Abercrombie & Fitch shares surged nearly 19% premarket after the retailer raised the lower end of its annual sales and profit forecasts. Strong demand for Abercrombie and Hollister brands boosted outlooks, with FY25 sales now expected to grow 6% - 7%. The company also tightened EPS guidance to $10.20 - $10.50 as inventory remains tightly managed.

Global Business Travel Group is drawing retail interest after reports that the Amex spin-off is exploring a potential sale with advisers. A deal isnt guaranteed, but interest from travel platforms and private equity is expected. The firm recently posted 13% revenue growth to $674 million, boosted by its CWT Travels acquisition.

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.

Bitcoin climbed back to $87,000, rising 1.6% as XRP, Solana, and Ethereum outperformed. Analysts say accumulation by large holders suggests a short-term floor, but selling by mid-sized wallets limits confirmation of a reversal. The crypto market gained 2% to $3.09 trillion, while liquidations hit $380 million and fear levels remained elevated.

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.

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.

ZIM shares jumped over 16% premarket after the company confirmed its board is reviewing a preliminary takeover offer from CEO Eli Glickman and Rami Ungar. The months-long review includes exploring a potential sale and other strategic options. ZIM said multiple buyers have shown interest but cautioned that no deal is guaranteed.

Dicks Sporting Goods said it is restructuring the newly acquired Foot Locker business by closing underperforming stores, reducing excess inventory, and realigning assets. The company expects $500-$750 million in future pre-tax charges tied to these actions and ongoing merger costs. Dicks bought Foot Locker in September for $2.4 billion.

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.

Dan Ives of Wedbush Securities named ten companies he says are best positioned to benefit from the accelerating AI boom. Microsoft leads the list due to its cloud scale and enterprise reach, while Palantir is highlighted for its growing AI-driven demand. Ives says the group is set to dominate enterprise, consumer, and cybersecurity markets.

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.

Lunai Bioworks shares jumped 18% premarket after the company secured its first letter of intent to license its DCCT immune cell therapy. The treatment achieved complete regression of primary and metastatic pancreatic tumors in humanized preclinical models. CEO David Weinstein said the early licensing interest reflects growing confidence in the platforms potential.

Dragonfly Energy shares rose 4% premarket after the company expanded its Battle Born product line with new inverter/charger units, Base Series batteries, and an upgraded mobile app. The systems use Dragonfly IntelLigence technology for real-time monitoring. The updates aim to deliver a more integrated and user-friendly lithium power platform, the company said.

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.

A Chinese businesswoman named Hu Qin, who once lived in a riverside villa with her husband, had a driver and multiple housekeepers and travelled extensively, now sells lotus roots to repay her over ₹6.3-crore debt. Qin had a fruit business and had ₹12.55-crore peak wealth before poor management bankrupted her business. They've already repaid ₹1.25-crore debt by selling lotus roots.

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.

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.

Mittal family, the promoter of Bharti Airtel, will offload equity worth ₹7,193 crore via large deals in the secondary market on Wednesday. Additionally, its foreign promoter, Indian Continent Investment, will float 3.43 crore shares or 0.56% equity at a floor price of ₹2,096.7 apiece. Earlier this month, Singtel sold over ₹10,000 crore worth of Airtel shares through its subsidiary, Pastel.

Investor Michael Burry, often called 'Big Short' for correctly predicting the 2008 financial crisis, has called AI boom "a glorious folly". Referring to Cisco's crash during dot-com bubble, Burry said, "And once again...there is a Cisco at the centre of it all, with the picks and shovels for all and the expansive vision to go with it...Its name is NVIDIA."

After 26 major e-commerce platforms claimed to remove dark patterns last week, a report has now found that 21 of them still use one or more deceptive design tactics. Practice of drip pricing, or hidden charges, which is levied without prior intimation to consumer, was still found on Flipkart, Myntra, Cleartrip, MakeMyTrip, BigBasket, Netmeds, TATA 1mg, Zomato, Blinkit, and Ixigo.

The Global Trade Research Initiative (GTRI) urged India to seek US tariff rollback before committing to any trade pacts. Removing oil-related duty would cut the US tariff burden on Indian goods from 50% to 25%, giving much-needed relief to labour-intensive sectors. It also urged the government to quickly roll out the specific schemes under the Export Promotion Mission (EPM).

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.