Nike edged past market expectations for quarterly revenue, helped by resilient demand for its running shoes amid a big marketing push to fend off stiff competition from upstart brands in North America.
Nike edges past quarterly revenue expectations
Crypto losses near $3.4B as hackers went ‘big game hunting’
Crypto hackers focused on large crypto entities and personal crypto wallets this year, resulting in $3.4 billion in crypto losses in 2025 — the highest figure since 2022. Just three hacks in 2025, led by the $1.4 billion hack of crypto exchange Bybit, accounted for 69% of all losses from January through to early December
Sterling weakens after UK inflation data, dollar gains ahead of central bank decisions
Sterling fell after an unexpected drop in UK inflation all but guaranteed the Bank of England would cut interest rates, while the dollar rose as markets awaited central bank decisions and weighed commentary from Federal Reserve officials.
Binance mulls new US strategy, CZ potentially reducing stake
Binance, the world’s largest cryptocurrency exchange by trading volume, is considering a strategic reshuffling to strengthen its presence in the US market, a move that could see Binance co-founder Changpeng “CZ” Zhao’s majority stake in the company reduced.
Perfect storm of factors propels silver to record high above $65/oz
Robust investment demand for silver, its inclusion on the U.S. critical minerals list, and a wave of momentum buying have propelled the white metal to a fresh record high, setting prices up to close out 2025 at more than double the level at which they began.
Gold inches up as US unemployment rate rises in November
Gold rose after a U.S. jobs report showed the unemployment rate rose last month from September, reinforcing bets of rate cuts by the U.S. Federal Reserve and sending the dollar index lower. U.S. gold futures settled 0.1% lower.