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Wallbox shares rose nearly 4% in premarket trading after the company secured a deal to strengthen its capital structure. It reached a refinancing agreement with lenders holding 65% of its debt, extending maturities and securing a €22.5 million liquidity boost. Wallbox will also raise €10 million in new equity, half from key shareholders.
short by / 07:38 pm on 01 Dec
Eli Lilly has cut the price of its weight-loss drug Zepbound to $299 a month for the 2.5 mg dose, available through LillyDirect, matching recent cuts by rival Novo Nordisk for Wegovy. The move comes amid intensifying competition in the obesity drug market. Lilly shares dipped nearly 1% in pre-market trading as bearish sentiment rose on Stocktwits.
short by / 07:25 pm on 01 Dec
Alphabet strong AI momentum and rapid cloud growth have made it retail traders' top long-term cloud pick, even ahead of Amazon. Despite AWS leading the market, its share has been slipping, while Google Cloud revenue grew faster in Q3. Alphabet stock has soared 70% this year, becoming the best-performing Magnificent Seven name and lifting retail confidence.
short by / 07:50 pm on 01 Dec
Synopsys shares jumped nearly 8% after Nvidia revealed a $2 billion investment tied to an expanded partnership combining Nvidia AI and accelerated computing with Synopsys engineering software. The collaboration aims to speed product design and simulation across multiple industries. Retail sentiment turned bullish, while Nvidia dipped in premarket trading amid broader market weakness.
short by / 07:33 pm on 01 Dec
Dan Ives of Wedbush Securities said big tech could rally about 20% in 2026 as the AI boom enters its next phase. In a post on X (formerly Twitter), he noted that expanding commercial AI applications and new revenue streams will keep investors focused on the sector. Ives expects tech giants to remain the market dominant drivers into next year.
short by / 06:20 pm on 01 Dec
Barrick Mining shares rose nearly 5% in premarket trading after the company said it is considering an IPO for NewCo, a unit that would house its North American gold assets, including stakes in Nevada Gold Mines and Pueblo Viejo. The review runs through early 2026. Elliott Management's recent stake and push for a breakup adds momentum to the move.
short by / 07:44 pm on 01 Dec
Fundstrat's Tom Lee predicted the S&P 500 could climb to 7,300 in December, citing a nearly 7% upside from current levels. He said the Fed expected December rate cut and the end of quantitative tightening on December 1 would boost markets. Lee remains bullish on equities and crypto as policymakers back halting the balance-sheet drawdown.
short by / 07:48 pm on 01 Dec
Morgan Stanley raised its price targets for Nvidia and Broadcom, citing their strong positions in AI hardware. Nvidia target increased to $250 from $235, while Broadcom rose to $443 from $409. Analyst Joseph Moore said Nvidia remains dominant despite competition. The firm reaffirmed bullish ratings as AI continues to fuel semiconductor growth.
short by / 07:35 pm on 01 Dec
GameStop shares have fallen roughly 30% this year as newer meme favourites grabbed attention and the company's core business continued to shrink. Still, retail traders are buzzing ahead of next week's earnings, speculating about potential catalysts including a buyback. Despite a quiet 2025 for the meme stock, some investors believe a surprise may be brewing.
short by / 06:41 pm on 01 Dec
DoorDash plunged over 22% in November, its worst month since 2022, partly due to concerns over spending after its $3.9 billion Deliveroo deal. Yet analysts remain upbeat as 33 of 44 rate it a 'Buy', with about 40% upside from the last close. DASH rebounded nearly 4% in premarket, supported by strong growth and market leadership.
short by / 08:00 pm on 01 Dec
Dan Ives of Wedbush Securities updated his IVES AI 30 list ahead of 2026, removing SoundHound, ServiceNow, and Salesforce, while adding CoreWeave, Iren, and Shopify. He said the quarterly reshuffle reflects shifting leadership in the AI sector and highlights companies he sees as better positioned for the next phase of artificial intelligence growth.
short by / 07:30 pm on 01 Dec
Strategy (MSTR) announced a $1.44 billion US dollar reserve and increased its Bitcoin holdings to 6,50,000 after buying 130 BTC at an average of $89,960. The company total BTC stash, acquired for $48.38 billion at an average price of $74,436 has raised concern among investors who fear forced selling if the crypto downturn deepens.
short by / 07:40 pm on 01 Dec
Many GTM efforts struggle when product value is not aligned to the right channels or when messaging is too broad for early buyers, as per experts. Structured sequencing of awareness, validation and conversion stages reportedly leads to stronger early traction. Matching customer intent to channel behaviour remains critical for dependable launch performance in India's competitive digital markets.
short by / 05:40 pm on 01 Dec
Tech entrepreneur Cat Goetze made $120,000 (₹1.1 crore) in just three days by selling her landline-like phone, which she'd built at home, thinking it's "cute". "I literally just hijacked a landline phone and made it Bluetooth compatible," Goetze told CNBC, adding that it felt like she'd "captured lightning in a bottle" as she made $280,000 (₹2.5 crore) in three months.
short by Ashley Paul / 10:16 pm on 01 Dec
India's unemployment rate declines to 3.2% over past 6 years: Data
short by Shristi Acharya / on 01 Dec 2025,Monday
Unemployment rate for persons aged 15 years and above declined over the past six years from 6.0% in 2017-18 to 3.2% in 2023-24, government data stated. Urban unemployment reduced from 7.4% in 2017-18 to 5.2% in 2023-24, while rural unemployment declined from 3.2% to 2.1%. Unemployment for 15-year-plus population stood at 5.1% and 5.2% in August and September 2025, respectively.
short by Shristi Acharya / 10:44 pm on 01 Dec
FM rejects claim of govt forcing LIC to invest in Adani Group
short by Mansi Agarwal / on 01 Dec 2025,Monday
Finance Minister Nirmala Sitharaman rejected a Washington Post report claiming the Centre forced LIC to invest $3.9 billion in Adani Group. "Investment decisions of LIC are taken by LIC alone following...due diligence, risk assessment and fiduciary compliance," she said. "Finance Ministry doesn't issue any advisory to LIC in connection with matters related to investment of LIC fund," she added.
short by Mansi Agarwal / 10:39 pm on 01 Dec
During a hearing over billionaire Sunjay Kapur's ₹30,000-crore assets, his mother Rani said, "His salary was ₹60 crore, and we're saying...he has only ₹1.7 crore in his accounts?" "Sunjay had no life insurance, no rental income and mutual funds?" Rani said. She urged the court to order Priya to furnish details of her and Sunjay's assets going back two years.
short by Ashley Paul / 10:59 pm on 01 Dec
Over 2 lakh private companies in India shut down in just 5 years
short by Shristi Acharya / on 01 Dec 2025,Monday
Over 2 lakh private enterprises in India terminated operations between FY21 and FY25, according to data provided by Union Corporate Affairs Ministry. The firms closed as a result of conversion, merging, dissolution, or being struck off under the Companies Act of 2013. In FY23, 82,125 corporations were abolished during the government's drive to shed defunct entities.
short by Shristi Acharya / 10:54 pm on 01 Dec
Rani Kapur, deceased billionaire Sunjay Kapur's mother, claimed Sunjay had marital disputes with Priya Kapur since May 2023, and the duo used to fight constantly. Rani further claimed that instead of grieving Sunjay's death, Priya made every possible move to take control of his assets. She also alleged that Priya concealed Sunjay's massive assets in the list submitted to court.
short by Ashley Paul / 10:27 pm on 01 Dec
RBI appoints Usha Janakiraman as Executive Director
short by Shristi Acharya / on 01 Dec 2025,Monday
RBI on Monday appointed Usha Janakiraman as Executive Director with effect from December 1, 2025. She has over thirty years of experience at the apex bank, and before the appointment, she worked as the Chief General Manager-in-Charge of the Department of Regulation in Mumbai. In her new role, Janakiraman will look after the Department of Supervision.
short by Shristi Acharya / 09:18 pm on 01 Dec
Why not use AI to freeze bank accounts of hackers? SC asks RBI
short by Shristi Acharya / on 01 Dec 2025,Monday
The Supreme Court issued a notice to RBI questioning why AI and machine learning tools were not being deployed to detect and freeze bank accounts of cyber criminals. This came after the court was hearing a case on a digital arrest scam. The apex court also directed CBI to carry out a unified pan-India probe into digital arrest scam cases.
short by Shristi Acharya / 11:01 pm on 01 Dec
Accenture ties up with OpenAI to equip ChatGPT at its workplace
short by Shristi Acharya / on 01 Dec 2025,Monday
Accenture has partnered with OpenAI to launch ChatGPT Enterprise for tens of thousands of its IT professionals to leverage it in consulting, operations and delivery work. This move comes amid the growing demand for AI services across industries like financial services, healthcare, and retail. Accenture recently announced $865-million restructuring plan to cut costs and improve efficiency.
short by Shristi Acharya / 11:02 pm on 01 Dec
Temasek-backed Atomberg plans $200 million IPO: Report
short by Mansi Agarwal / on 01 Dec 2025,Monday
Home appliances startup Atomberg is planning to launch an IPO to raise around $200 million, Bloomberg reported. The company, which counts Temasek Holdings, Steadview Capital Management and Jungle Ventures among its backers, is expected to hire advisers in the coming weeks. The IPO could include a fresh issue of shares as well as an offer-for-sale component.
short by Mansi Agarwal / 09:20 pm on 01 Dec
Global arms sales rose to record $679 billion in 2024: Report
short by Shristi Acharya / on 01 Dec 2025,Monday
The combined arms revenues of the world's top 100 arms-producing and military services companies reached a record $679 billion in 2024, SIPRI reported. The number represents a 26% increase from 2015 and a nearly 6% increase from the prior year. This rise is mainly linked to the ongoing battles in Ukraine and Gaza, while Europe has mostly driven the demand.
short by Shristi Acharya / 09:32 pm on 01 Dec
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