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Morning brief: SpaceX targets record IPO as Asian markets hold steady ahead of Fed decision

Global markets opened on Wednesday on a cautious note as investors balanced major corporate developments with heightened macroeconomic uncertainty. SpaceX’s push toward what could become the largest initial public offering in history, alongside muted trading across Asian markets ahead of the US Federal Reserve’s rate decision, shaped the early-session sentiment. Additional headlines included Amazon’s expanded

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Nintendo shares fall as global memory squeeze raises risks for Switch 2

Nintendo’s latest share slump is drawing attention to a wider shift in the tech supply chain, as rising memory costs ripple through gaming hardware. Shares fell as much as 2.6% on Wednesday, reaching the lowest level since May during intraday, after investors reacted to concerns that expensive components could weigh on profitability. The pressure reflects

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From Amazon to Google: Big Tech pours billions into India as AI, cloud and digital expansion gather pace

The Indian subcontinent, long favoured by multinationals for its vast consumer market, is now drawing a fresh wave of investment from Big Tech giants seeking to tap into its massive internet and smartphone user base. The move comes as India’s rapidly expanding digital landscape offers global tech firms their next phase of growth in the

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Nu Quantum secures $60M in one of UK’s largest series A funding

Nu Quantum has secured fresh investor attention as momentum in quantum networking rises across the global technology and energy sectors. The British startup, which builds infrastructure to connect and scale quantum computers, has raised $60 million in a Series A round. It is one of the largest early-stage raises in the UK and signals how

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India’s Meesho surges 60% after listing as investor demand for tech IPO surge

India’s equity markets are seeing renewed enthusiasm for technology businesses that specialise in serving smaller cities, and Meesho Ltd.’s debut in Mumbai on Wednesday has become a noticeable signal of this shift. The company’s first trading session arrives at a time when investors are actively assessing how digital platforms can scale across India’s expanding consumer

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What to expect from Oracle’s Q2 results?

Oracle Corp. heads into its fiscal second-quarter earnings report facing mounting scrutiny from investors, who have grown increasingly uneasy about the software giant’s rising leverage, heavy capital expenditures, and concentrated exposure to artificial intelligence demand. The mood marks a sharp reversal from three months ago, when optimism around Oracle’s cloud pipeline drove the stock to

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Global funds chase Swiggy shares as India’s quick commerce battle heats up

Swiggy’s latest fundraising effort has become a focal point for global and domestic investors as India’s quick commerce sector enters an intense phase of expansion. The company launched a major share sale on Tuesday, one year after its market debut, drawing attention from funds seeking exposure to India’s fast-growing e-commerce environment. The offer comes at

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How the Fed’s rate cut decisions could shape the market’s next move

The Federal Reserve’s final policy meeting of the year arrives at a moment when the stock market is once again within striking distance of record highs. After stumbling in early November on fears that the artificial-intelligence trade had entered bubble territory, equities have rebounded sharply — and much of that recovery can be traced to

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This underdog stock may deliver Nvidia-level performance in 2026

Supermicro stock (NASDAQ: SMCI) has been an underdog in the server market for a long time. But, with the recent boom in the artificial intelligence space, SMCI has shifted into the heart of the AI supply chain, and if everything goes as expected, the company can generate Nvidia-level performance in 2026. Trading in the mid-$30s

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US midday market brief: market cools ahead of Fed decision, Nasdaq slips 0.1%, S&P 500 pulls back

US stocks pulled back on Monday as investors turned cautious ahead of the Fed rate-cut decision on Wednesday. The S&P 500 fell 0.3% and the Nasdaq slipped 0.1% ahead of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average gave up 246 points (about 0.5%) by midday. The modest midday

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