Reddit sues Australia over social media ban, citing free speech threat
Reddit says law hurts protected speechReddit also says it does not meet criteria for the lawAustralian govt compares…
S&P 500 posts record closing high, US dollar and yields decline in wake of FedÂ
Item 1 of 2 Traders work on the floor at the New York Stock Exchange (NYSE) in New…
Oracle forecasts miss Wall Street targets while spending rises, shares slide 10%
Oracle’s cloud revenue growth may be coolingOracle’s adjusted profit boosted by $2.7 billion Ampere saleOracle’s future contracts rise…
US dollar tumbles after Fed cuts rates, Powell comments
Fed cuts rates, but signals pause in JanuaryFed’s Powell says rate hike not base case for policymakersNew Fed…
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Fed reduces policy rate by quarter of a percentage pointThree policymakers dissent on decisionPolicymakers see one rate cut…
Exclusive: ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say
Bytedance, Alibaba keen to buy Nvidia H200 chip after Trump green light, sources sayChinese tech firms concerned about…
Morning Bid: Dazed yen hogs limelight before Fed – Reuters
Morning Bid: Dazed yen hogs limelight before Fed ReutersYen fragile, dollar firm in countdown to Fed ReutersThe Yen Rout Continues:…
Yen weak, dollar steady in countdown to Fed
Yen nurses losses after broad fall overnightBOJ expected to hike in December, but future moves uncertainDollar, other currencies…
SpaceX to pursue 2026 IPO raising above $25 billion, source says
Dec 9 (Reuters) – Elon Musk’s SpaceX is pursuing an initial public offering next year, looking to raise…
Australia’s social media ban for children takes effect in world first
First in world to ban social media for under-16sTen major platforms ordered to block children or face fineClosely…
China to limit access to Nvidia’s H200 chips despite Trump export approval, FT reports
Dec 9 (Reuters) – Beijing is set to limit access to Nvidia’s advanced H200 chips despite U.S. President…
Aussie dollar gains after RBA holds as Fed meeting nears
Investor confidence brittle after earthquake strikes JapanU.S. Treasury bonds stabilise after three-day selloffYen firmer after 5-year JGB auction…