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Trump’s Gold card visa; US Fed rate; US future volatility; Cisco’s 25-year record; TCS acquisition and more

BusinessTrump's Gold card visa; US Fed rate; US future volatility; Cisco's 25-year record; TCS acquisition and more

Trump launches gold card programme for expedited visas with a $1 million price tag

President Donald Trump’s administration officially launched his “Trump Gold Card” visa programme on Wednesday to provide a pathway, with a steep price, for non-US citizens to get expedited permission to live in the United States.

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US stock futures tank up to 400 points after Oracle spoils the Fed rate cut party

Futures on Wall Street have tanked in late hours trading on Wednesday after weak results from Oracle Corp. have yet again raised concerns over the heavy AI spends not yielding the desired returns.

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Cisco, once at the centre of dot com revolution, in focus as shares hit record after more than 25 years

Thanks in part to the surge in artificial intelligence investment, Cisco Systems Inc., a symbol of the dot-com technology revolution, has hit a record after 25 years. On Wednesday, shares increased 0.9% to $80.25, surpassing a peak that had stood for more than 25 years.

Ola Electric in focus after S&P Global downgrades parent company

Shares of Ola Electric, already trading at a 52 week low and down 60% in 2025, opened lower on Thursday, December 11, after S&P Global downgraded promoter ANI Technologies’ rating to ‘CCC-‘ from ‘CCC+’ with a negative outlook.

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IndiGo shares fall over 3% as airline cuts Q3 guidance for key metrics after flight disruptions

Shares of Interglobe Aviation Ltd., the parent of India’s largest airline by market share, IndiGo, fell another 3% on Thursday, December 11, after it cut its guidance for various financial parameters for the third quarter of the current financial year.

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Stock Crash: Oracle Corp shares sink 11% after revenue miss dents sentiment

Shares of Oracle Corp. fell as much as 11% in extended trading in US hours on Wednesday after its quarterly revenue missed street expectations, the EPS beat was aided by a one-time gain, and longer-than-expected revenue recognition timelines.

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Federal Reserve cuts key rates by 25 basis points but signals higher bar for future reductions

The US Federal Reserve on Wednesday (December 10) cut its key interest rate for the third consecutive time and indicated it may keep rates steady in the coming months, a decision that could draw criticism from US President Donald Trump, who has called for sharper reductions in borrowing costs.

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What is the FIFA Global Citizen Education Fund launched before the World Cup 2026?

The FIFA Global Citizen Education Fund was featured prominently at the Final Draw for the FIFA World Cup 2026 on Friday, 5 December, with moving messages from the fund’s advisory board members, reinforcing the transformative power of education and the impact the initiative aims to deliver for children worldwide.

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TCS acquires US-based Coastal Cloud for $700 million

Tata Consultancy Services (TCS) on Wednesday, December 10, announced the acquisition of US-headquartered Coastal Cloud for USD 700 million, in a move that significantly boosts its global Salesforce and AI-led transformation capabilities.

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MEA examining Goa govt request to revoke passports of nightclub owners after deadly fire

The Ministry of External Affairs (MEA) is examining a request from the Goa government seeking the revocation of passports belonging to Gaurav Luthra and Saurabh Luthra — owners of the Birch by Romeo nightclub where a devastating fire killed 25 people, according to people familiar with the matter.

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Gold, silver and global funds emerge as India’s new diversification theme in 2025: Axis AMC’s B. Gopkumar

As equity markets navigate a year marked by volatility, Indian retail investors are aggressively expanding their opportunity set beyond domestic stocks. From the surge in gold and silver inflows to a renewed appetite for global equity funds, 2025 has cemented itself as the year diversification went mainstream.

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