U.S. pauses all immigration applications from 19 non-European countries
The pause applies to people from 19 countries that were already subjected to a partial travel ban in June, placing further restrictions on immigration.
Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.
Why China’s real estate market is still searching for a bottom
Sales of the top 100 developers plunged 36% in terms of value in November from a year earlier, according to data from China Real Estate Information Corp.
Australia’s economic growth misses estimates, rising 2.1% in the third quarter
Australia’s economic grew less than expected in the third quarter, still accelerating at the fastest pace in about two years, driven by investment and consumer demand.
Asia-Pacific markets set to open mixed after Wall Street’s tech-fueled recovery
Investors in Asia will also look toward GDP data from both South Korea and Australia.
Trump Media settles legal dispute with firm’s co-founders
Trump Media operates the Truth Social app frequently used by President Donald Trump.
Marvell to acquire Celestial AI for as much as $5.5 billion
The deal is an aggressive move for Marvell to acquire complimentary technology to its semiconductor networking business.
Okta shares slip despite beat, slight forecast raise
Okta topped Wall Street’s third-quarter estimates and issued an upbeat outlook, but shares fell as investors had high hopes for AI demand.
American Eagle stock jumps 15% as it expects a big holiday, raises forecast after Sydney Sweeney ads
Sales at American Eagle’s namesake banner came in worse than expected after the company’s splashy marketing campaign with actress Sydney Sweeney.
These dividend stocks are cheap and have high payout growth, says Wolfe
Investors looking for income-paying stocks can find some bargains in dividend aristocrats, according to Wolfe Research.