AI Boom Creates New Chinese Billionaire as MetaX Shares Surge 693%
The AI boom in China has created a new billionaire following a remarkable 693% rise in the shares of MetaX Integrated Circuits after its debut on the Shanghai Stock Exchange.
European Stocks Close Lower Amid Defense Sector Pressure and Tech Stock Decline
European stocks fell due to defense sector declines amid peace optimism, with the STOXX 50 down 0.5% and tech stocks also pressured.
Tesla Plans Battery Cell Production in Germany Starting 2027 to Strengthen European Presence
Tesla will produce battery cells in Germany by 2027, aiming to boost European presence and reduce U.S. import reliance.
Gasoline Prices Drop to Lowest Level in Nearly 5 Years Amid Global Supply Glut
Gasoline prices in New York have fallen to their lowest level since 2021 due to a supply glut and increased global production.
US Heating Oil Prices Drop to Six-Month Low Amid Supply Glut
US heating oil prices fall to $2.15/gallon, a six-month low, due to supply surplus and easing Russian supply risks.
US Suspends $40 Billion Tech Deal with UK Amid Regulatory Disputes
US suspends $40B tech deal with UK over regulatory disputes; talks to resume in January, deal postponed but not canceled.
Saudi Market Declines 1.18% Amid Pressure on Energy Stocks Led by Aramco
Saudi market declines 1.18% as energy stocks, led by Aramco, fall. TASI index at 10,466 points, reflecting weak risk appetite.
Kuwait Stock Exchange Closes Lower Amid Leading Stocks Pressure and Oil Price Drop
Kuwait Stock Exchange fell due to leading stocks pressure and a drop in oil prices, with indices declining across the board.
Last Energy Raises $100 Million to Develop Small Nuclear Reactor for AI Energy Demand
Last Energy raised $100M to develop small nuclear reactors for AI-driven energy demand, exceeding its $35M pilot project needs.
OECD Predicts Continued Growth in AI Investments to Support Global Economy
OECD forecasts rising AI investment will boost global productivity, but warns of slower economic growth amid trade pressures and risks.
Featured long reads
Latest financial news
Track markets in real time—from precious metals and equities to macro releases. Each headline is paired with source links and concise context so you can move from scan to action fast.
How to use this page
- Start with the newest headlines to see current market movers.
- Use filters/categories to jump to what matters most to you.
- Open a story to read the summary and source links for depth.
- Subscribe to the newsletter for inbox-ready daily recaps.
Fast answers
- Do stories refresh automatically? Yes—new stories flow in as soon as the newsroom publishes them.
- Will content show without JavaScript? Headlines and summaries are server-rendered in HTML so they’re visible even if JavaScript is off.
- How do I go deeper? Open the full story or visit the articles section for deeper analysis and source materials.