world
Software stocks enter bear market on AI disruption fear with ServiceNow plunging 12%
The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn. Source link
Apple set to report earnings: iPhone growth, AI, memory costs will be in focus in first quarter
Apple’s fiscal first quarter ended in December and the company has already signaled last year it’s expecting a big earnings report. Source link
Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings
Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off. Source link
Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Source link
Oil prices rise more than 2% as Trump weighs strikes on Iran
Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire protestors. Source link
India bets on up to 7.2% growth next year, outpacing most major economies
India’s economy is growing faster than most, but it is still seeing capital outflows. Source link
Denmark lauds constructive talks with U.S. over Greenland: ‘Now we are back on track’
It comes shortly after Trump announced a framework deal regarding the Arctic island and backed away from imposing tariffs on several European countries. Source link
Drugmakers Roche and Sanofi talk up their pipelines, as earnings fail to excite
The drugmaker’s full-year results didn’t seem to move the needle for investors who are instead focused on future growth prospects and innovation Source link
World’s largest sovereign wealth fund posts record $1.4 billion annual return, driven by tech and banking rally
Norway’s $2 trillion sovereign wealth fund holds stakes in many of the world’s biggest companies, including Apple, Nvidia and JPMorgan Chase. Source link
CNBC's Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
India has shed import duties on European cars, opening its long-protected auto industry from global competition. Source link