Weekly Wrap

A stock to keep an eye on is HMC Capital (ASX:HMC), up 34.3% over the past 40 days.

European stocks declined on Tuesday as geopolitical tensions spiked following President Vladimir Putin’s revision of Russia’s nuclear doctrine in response to Ukraine’s use of US-made long-range missiles.

Bitcoin has soared past the US$90,000 mark, driven by a combination of political and economic factors following Donald Trump’s presidential election win on 5 November.

Warner Bros Discovery has reached a settlement with the NBA, resolving a legal dispute over TV rights and securing an 11-year agreement to retain its presence in professional basketball, albeit with reduced domestic broadcasting privileges.

Kent Masters, the CEO of Albermarle, the world’s largest lithium producer, has voiced concerns that pivoting away from China for critical mineral supply chains in North America and Europe is economically unfeasible under current market conditions.

Denmark is at the forefront of integrating artificial intelligence within structured regulation, recently launching a new AI supercomputer.

Shell has successfully appealed a 2021 ruling by a Dutch court that required the company to cut its global carbon emissions by 45% by 2030, from 2019 levels.

Chinese stocks in Hong Kong fell on Monday after Beijing’s high-profile fiscal stimulus plan failed to meet investor expectations.

Nissan has announced a major restructuring plan in response to mounting financial losses, including the elimination of 9,000 jobs from its global workforce and a 20% reduction in production capacity.

Australian mining stocks fell sharply as concerns over China's economic direction and potential trade war risks weighed on the market.

Treasurer Jim Chalmers has cautioned that Australia will feel the impact of trade tensions arising from Donald Trump’s election as US president, warning of potential economic challenges.

The resurgence of the “Trump trade” has pushed US Treasury yields higher and triggered broad sell-offs in emerging market currencies and stocks.

Shares in renewable energy companies, both in the US and Europe, fell sharply on Wednesday following Trump’s victory in the US presidential election. Investors responded to Trump's pledge to "end the green new scam" and roll back climate regulations established under Biden.

Gold prices fell sharply on Wednesday, hitting a three-week low. A rotation into riskier assets, like equities and cryptocurrencies, and a surging US dollar were big contributors to this drop.

Apple may soon be hit with the first major fine under the European Union’s Digital Markets Act. The decision, expected this month, could see Apple facing a fine that could reach as high as US$38bn.

OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in early discussions with regulators in California and Delaware to transition from a nonprofit to a for-profit structure.

Boeing workers have voted to end a seven-week strike after accepting a new pay offer that includes a 38% wage increase over the next four years.

Warren Buffett's Berkshire Hathaway’s third-quarter operating earnings dropped by over 6% to US$10.09 billion, driven by weakness in the company's insurance underwriting division.

Betting markets and fundamental analyses are diverging from traditional polls, adding layers of unpredictability to an election too close to call.

Europe's largest carmaker, Volkswagen, has announced a 64% plunge in profits for the third quarter as it confronts sluggish demand in China and elevated production costs. Net profit fell to €1.57bn, down from €4.34bn a year earlier.