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Fin Watch
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Fin Watch
🇨🇳🇺🇸 Chinese President Xi Jinping declines Trump's invitation to his inauguration.

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📣 Klarna stopped hiring a year ago in a bid to replace workers with AI and has since had its headcount fall by 22% to 3,500 people, per Bloomberg.

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📣 Nasdaq Adds Microstrategy (MSTR) To Index

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🇮🇳🇷🇺 Indians are expected to be able to travel to Russia visa-free starting in spring 2025.

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JUST IN: 🥇 47% of hedge funds now invest in digital assets like #Bitcoin and crypto, up from 21% in 2021 - PwC survey

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🇺🇸 US President-elect Trump says the golden age of America has begun.

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🇷🇺 President Putin says Russia will become the world leader in Artificial Intelligence.

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BREAKING: 🚨🚨 OpenAI whistleblower Suchir Balaji has been found dead at age 26 in his San Francisco apartment.

Prior to his death, Balaji publicly accused OpenAI of violating US copyright law with ChatGPT.

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🇷🇺 Russian President Putin says "we will resist all attempts to undermine Russia's unity."

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🇺🇸 U.S. Household Net Worth climbs to fresh all-time high of $168 Trillion

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BREAKING 🚨: There have been 33 major corporate debt defaults in Europe this year, far surpassing the Global Financial Crisis and falling just short of the number seen in 2020 due to Covid

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🇺🇸 Trumps wins $15m settlement from ABC News for defamation.

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🥇 Bitcoin $BTC has been the top-performing asset in 8 of the last 10 years (including 2024)

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📊 Key Events This Week:

1. S&P Global Services PMI data - Monday

2. November Retail Sales data - Tuesday

3. Fed Interest Rate Decision - Wednesday

4. Q3 2024 GDP Data - Thursday

5. November Existing Home Sales data - Thursday

6. November PCE Inflation Data - Friday

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📣 Elon Musk confirms X will launch its own email service.

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🇺🇸 Fewer than 20% of Americans currently earn the annual income required to afford a home 😮

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🇨🇳 China's economy is expected to grow by 5% this year.

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🇨🇳 China aims to start commercializing 6G technology by 2030 and expects that the standard-setting for the technology will be achieved by 2025.

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🇪🇺 European Stocks trading at an all-time record discount relative to U.S. Stocks

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BREAKING: 🇺🇸 Softbank CEO Masayoshi Son to announce $100 billion investment in U.S. and create 100,000 jobs focused on artificial intelligence and related infrastructure, per CNBC

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BREAKING: 🇺🇸 The team has calls for eliminating the Biden administration’s $7,500 tax credit for consumer EV purchases, per Reuters

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