AI spending, peace talks, global markets...

The Wall Street Journal indicates that the U.S. economy has become increasingly dependent on AI-related investments, particularly in data centers and stock-market wealth, which have driven growth. However, the report warns that any reversal in AI spending could raise the risk of a recession, as this dependency creates vulnerabilities in broader economic stability. Analysts suggest that while AI bolsters innovation, over-reliance on such a narrow sector might lead to economic imbalances. Wall Street Journal (Markets)

The Financial Times reports that Swiss wealth manager Julius Baer has incurred a $184 million loan loss as part of its efforts to handle real estate loan book provisions. This comes amid the company’s ongoing turnaround plan following recent scandals. The development highlights challenges in managing balance sheets during periods of economic uncertainty, with broader implications for investor confidence in the European banking sector. Financial Times

According to The Wall Street Journal, global markets showed gains at the start of Thanksgiving week, even as concerns about a potential AI investment bubble persist. U.S. stock futures saw an uptick, and international markets followed suit. While optimism remains, analysts caution that speculative behavior in the technology sector could destabilize markets if valuations prove unsustainable. Wall Street Journal (Markets)

Silicon Republic reports that Revolut, the European fintech company, has completed a share sale valuing it at $75 billion, with investors such as Nvidia’s venture arm participating. This valuation underscores the growing importance of fintech players in reshaping the financial services industry, although some experts warn that high valuations may face challenges amid tighter monetary policies. Silicon Republic

The Wall Street Journal highlights how the issuance of AI-themed bonds is adding strain to financial markets, with prices of newly issued bonds declining. This raises concerns about the sustainability of AI-driven financial instruments, as investors weigh the risks of speculative bubbles in the technology sector. Wall Street Journal (Markets)

Barclays research, as cited by The Wall Street Journal, projects that the U.S. dollar will gain momentum into 2026, supported by improved risk sentiment. Analysts suggest that this could benefit U.S.-based investors while posing potential challenges for emerging markets reliant on weaker dollar conditions. Wall Street Journal (Markets)

The Boston Globe and Financial Times report progress in Geneva peace talks between Ukraine, its Western allies, and the U.S. The discussions center on revising President Trump’s proposed plan, which some Ukrainian officials see as too favorable to Russia. While the talks are described as "constructive," skepticism persists regarding the potential concessions required from Kyiv. Financial Times bostonglobe.com

Israel launched a strike on Beirut, targeting senior Hezbollah commander Haytham Tabtabai, marking the first attack on the Lebanese capital since June, reports The Boston Globe. While Israel defends the action as necessary for its security, the strike has heightened tensions, threatening to destabilize the fragile ceasefire with Hezbollah. Financial Times bostonglobe.com

Computer World explores the divide between those embracing and opposing AI-generated content. Companies like Meta and YouTube are criticized for failing to provide users with adequate tools to filter AI content, while platforms like Spotify and Pinterest are lauded for offering more balanced approaches. The proliferation of AI-generated media raises critical questions about creativity, regulation, and user autonomy. Computer World

The Financial Times reports that the European Commission plans to introduce stricter investment rules to ensure greater benefits for local workers and technology transfers when foreign companies, particularly Chinese firms, invest in the EU. This move reflects growing concerns over economic dependency and geopolitical competition with China. Financial Times