Top Story
Broadcom falls 4% as Intel’s 25% plunge hits AI chip stocks
The stock traded at $330.06 on Friday afternoon, below every major moving average, with softer capital spending plans at Alphabet and Microsoft adding to the pressure.
Crypto
Binance says $6.3 billion stolen in largest crypto theft on record
The exchange has frozen withdrawals and pledged to cover every loss, but Italian users face a tighter squeeze after losing...
Big Tech Stocks
Amazon burns through $42.4 billion in cash as Nasdaq futures drop 2%
Intel fell 26% on a weak PC outlook, a day after Alphabet’s worst single-day loss on record.
Crypto
Bitcoin falls below $80,000 after Warsh’s first Fed meeting
The cryptocurrency is trading at $79,979.85, below both its 20- and 50-session moving averages, with markets already pricing in...
AI & Tech
Big Tech Stocks
Broadcom falls 4% as Intel’s 25% plunge hits AI chip stocks
The stock traded at $330.06 on Friday afternoon, below every major moving average, with softer capital spending plans at Alphabet and...
Big Tech Stocks
Amazon burns through $42.4 billion in cash as Nasdaq futures drop 2%
Intel fell 26% on a weak PC outlook, a day after Alphabet’s worst single-day loss on record.
Big Tech Stocks
Alphabet shares fall 10% as free cash flow turns negative
The company burned $9.07 billion in the third quarter as capital spending on AI outran cash from operations.
Economy & World
Fed & Central Banks
Lagarde to step down as ECB president on February 7, 2027
The announcement came hours before the Governing Council’s rate decision, with three of the six Executive Board seats now set to turn over by...
Fed & Central Banks
Fed holds rates at 3.75%-4% as Warsh flags inflation risk
Two FOMC members dissented in favor of a quarter-point hike, and markets still expect an increase at the December 8-9 meeting.
Economy & World
Italy’s lowest declared income, EUR 7,959, is on the Swiss border
Ministry of Economy figures for 2024 put Milan above EUR 40,000 and Calabria at EUR 18,474, but the bottom of the table is filled with...
Lifestyle Money
Luxury
Kering stock sinks 14% as Gucci drags down the third quarter: Barclays maps the best and worst case
A wave of target-price cuts followed Kering’s third-quarter results, with Barclays sketching a bull case at €310 a share and a bear case at €110.
Luxury
LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026
Third-quarter revenue grew just 1% organically, against a luxury sector expected to run closer to 5%, as Fashion & Leather Goods — the...
Pop Economics
Britain’s least reliable cars of 2026, according to a major owner survey
The What Car? annual reliability survey has ranked the best and worst cars on British roads, and three German models and one French model sit...
Markets
Crypto
Binance says $6.3 billion stolen in largest crypto theft on record
The exchange has frozen withdrawals and pledged to cover every loss, but Italian users face a tighter squeeze after losing regulated access in...
Crypto
Bitcoin falls below $80,000 after Warsh’s first Fed meeting
The cryptocurrency is trading at $79,979.85, below both its 20- and 50-session moving averages, with markets already pricing in another rate...
Commodities
Silver falls to $53.81, a whisker from its low for the year
Down 24% in 2026, the metal is caught between a hawkish Fed, rising oil and shrinking solar demand, though UBS still sees $70 by December.