On December 12, 2025, Tether said it filed a binding, all-cash proposal to acquire Exor's 65.4% stake in Juventus Football Club. The offer is fully funded by Tether's capital and contingent on regulatory approvals and Exor's acceptance, with a planned public tender for remaining shares at the same price and a €1 billion investment if the deal completes.

Bitcoin fell 3.6% to $89,502 during Friday's New York session, leaving it nearly 30% below its October 6 record high of $126,000 as short-term rallies face heavy selling. On-chain and derivatives metrics described by Glassnode and market analysts point to a mild bearish phase, with unrealized losses at 4.4%, weakening ETF inflows and thin liquidity amplifying downside pressure despite the latest Federal Reserve rate cut.

On December 12, 2025, Vanguard reiterated its view that Bitcoin is a speculative collectible with no income or cash flow, even as it allowed clients to trade spot Bitcoin ETFs. John Ameriks, the firm's global head of quantitative equity, compared Bitcoin to a "digital Labubu" and said its technology has not yet proven lasting economic value, while banks such as Standard Chartered and Bernstein revised their long-term price targets amid weakening demand and slower ETF inflows.

On December 12, 2025, Oracle shares fell after reports that several OpenAI‑related data centers will complete in 2028 instead of 2027. According to people familiar with the projects, labor and material shortages drove the change. The stock dropped as much as 6.5%, then traded down 5.3% at $188.26.

On December 12 2025, TD Cowen analyst John Blackledge increased Alphabet’s price target from $335 to $350, maintaining a buy rating after the stock had already risen 65% this year. He cited stronger growth expectations for Google Search, now modeled at a 10.2% five-year CAGR, and a sharp upward revision in Gemini’s user forecasts, including 850 million monthly users by the end of 2025 and up to three billion by 2030. The call arrived as major U.S. AI-related stocks such as Oracle, Nvidia and Broadcom were declining for a third straight session, weighing on the Nasdaq.

On Friday, China was reported to be considering an incentive package valued between $28 billion and $70 billion to bolster its domestic semiconductor sector, with subsidies and financing options still under discussion. The proposed plan, which would run alongside the roughly $50 billion Big Fund III, aims to reduce dependence on foreign suppliers such as Nvidia while supporting firms like Huawei and Cambricon. Chinese policymakers have also signaled that they will maintain economic support in 2026 through flexible monetary tools and a "necessary" budget deficit, while working to stabilize investment and the housing market.

President Donald Trump signed a federal executive order on Thursday at the White House that prevents U.S. states from enforcing their own artificial intelligence laws and centralizes oversight in Washington. The directive establishes a Justice Department task force to challenge conflicting state rules in court, orders a 90-day review of state AI laws, and ties certain broadband and grant funding to alignment with federal AI policy.

On December 11, 2025, at its first Autonomy and AI Day, Rivian unveiled a custom autonomy AI chip, a new vehicle computer, and in‑house models. RIVN fell over 4% intraday and closed down as much as 9%. Nvidia ended 2% lower. Autonomy+ is slated for early 2026 at $2,500 upfront or $49.99 per month.

In November, Brazil's central bank began enforcing a rule that bars Nubank from using the "bank" label in its domestic branding because the country's largest fintech does not hold a banking license. Nubank, which serves 110 million customers and is valued at more than $80 billion, is now considering buying a smaller licensed institution such as Banco Digimais SA to avoid the lengthy licensing process. Regulators have tightened rules as they move to close loopholes and address rising fraud risks in Brazil's fast-growing fintech sector.