Nvidia’s enterprise value now exceeds the market caps of leading tech firms during the Dotcom bubble, reaching just over 16% of U.S. GDP and nearly 4% of global GDP, as experts suggest its stock peak may have already occurred. Historically, at the Dotcom peak, Cisco, Intel, and Sun Microsystems collectively reached approximately 12% of U.S. GDP.

Italy suspends participation in PURL program for Ukrainian weapons purchases, Italian Foreign Minister announces. Finnish Prime Minister Orpo states Finland is not prepared to offer security guarantees to Ukraine. Romania reports destruction of Ukrainian Sea Baby maritime drone in Black Sea, according to Ministry of Defense. max

Management company partners in early-stage project supported by TON Keeper, with over a year of development ahead of 2026 ICO launch. The project accounts for 0.3-1% of daily TON network transactions and focuses on expanding ecosystem infrastructure. Montana Asset Management reports that the project has conducted closed funding rounds and maintains a growth model prior to going public.

Austrian businessman Bergmayer has filed an application with the U.S. Office of Foreign Assets Control to acquire LUKOIL's assets, according to RTRS.

European Commission expected to propose two options on frozen Russian assets today, Financial Times reports. One proposal involves providing Ukraine with a €165 billion reparations loan funded from seized Russian assets, Politico says.

European gas prices decline amid rising supply, WSJ reports. Prices hit 1.5-year low; U.S. prices reach three-year high.

Belarus's Finance Minister Yuri Seliverstov said the Ministry of Finance currently does not plan to raise VAT to Russia's level, citing consideration of neighboring countries' experiences.

AI startup Anthropic preparing for IPO, Financial Times reports.

Ukrainian official Umerov in Brussels for talks with European officials; potential visit to US; Zelensky returning to Kyiv.

Global aluminum prices reach highest since spring 2022.

Switzerland's November consumer inflation rate fell 0.2% month-on-month, outsizing expectations for a 0.1% decline and compared to a 0.3% drop in October. On a year-over-year basis, inflation was flat at 0%, versus forecasts of a 0.1% increase after a 0.1% rise in the previous period.

Santiment reports top blue-chip altcoins experienced significant rebounds yesterday, drawing attention from investors and analysts.

European Union reaches preliminary agreement to ban Russian gas imports, implementing phased restrictions on LNG and pipeline supplies, with full bans set for late 2026 and autumn 2027.

Australia's GDP grew 0.4% in Q3 2025, the fastest pace in two years, versus estimates of a 0.7% gain and a 0.7% prior quarter increase. Year-on-year growth was 2.1%, short of the 2.2% forecast, up from 2% previously. More details at CNBC.

Russia's economic forecast indicates GDP growth will be less than 1% this year, in line with expectations, Finance Minister Siluanov says.

European Commission to Present Plan to Approve Use of Frozen Russian Assets in Belgium, Develops Legal Framework to Prevent Vetoes on Russia Sanctions Extension, Politico Reports.

Russian stocks decline 1.2% after Russia-U.S. Ukraine talks; negotiations to continue with expected slow progress.

Vladimir Putin and Steve Witkoff concluded their talks, according to Kommersant's Andrey Kolesnikov from the Kremlin. The discussions, which lasted nearly five hours, were reported by RIA.

BNP Paribas expects the S&P 500 to reach 7,500 by year-end 2026.

Analysts identify "Satoshi's Phallus" pattern in BTC technical charts.

Bank of America recommends investors allocate 4% of their portfolios to cryptocurrencies, supporting the removal of restrictions on crypto-ETFs.

Bitcoin rises 5%, nearly erasing yesterday's losses.

Chinese Foreign Minister in Moscow today; Witkoff and Kushner scheduled to meet with Putin soon.

European Union ambassadors to review 20th Russia sanctions package on December 3.

Eurozone preliminary November consumer inflation (CPI) data due at 1300 MSK.

Russia's Ministry of Finance announced the opening of the order book for debut OFZ bond issues in yuan. The coupon guidance is set at 6.25% to 6.5% annually for a 3.2-year maturity and not exceeding 7.5% annually for a 7.5-year maturity. Applications will be accepted on December 2 from 11:00 to 15:00 Moscow time.

Norilsk Nickel plans to sell its gold mining project in the Trans-Baikal region, as rising gold prices improve market conditions for the divestment of the non-core asset, sources told Vedomosti.

An increasing number of companies are filing lawsuits seeking compensation if the U.S. Supreme Court finds President Trump's tariffs unlawful, according to the Wall Street Journal.

Microsoft CEO unveils plans to increase investments in European tech sector as company escalates focus on the region for strategic growth.

Trump to convene Venezuela meeting with National Security Team; all options on the table, White House says.

Ukrainian media report that Zaluzhny has returned to Ukraine.

French President Emmanuel Macron said Russia shows no signs of ending its aggression, emphasizing that Ukraine is solely responsible for making decisions regarding its territories.

Former President Donald Trump will meet today in the Oval Office to discuss Venezuela, according to CNN. Attending the meeting will be Hegseth and Rubio.

More than 20 Russian banks are participating in the pilot program for the digital ruble, the Central Bank reports.

VEON Ltd announced that Kyivstar, in partnership with Ukraine’s Ministry of Digital Transformation, has selected Google Gemma to serve as the foundation for Ukraine’s national large language model. The company said Google’s Vertex AI infrastructure will supply the necessary computing resources for the project.

MOSCOW, Oct 23 (Dow Jones Newswires) – A meeting between Russian President Vladimir Putin and Witkoff is scheduled for tomorrow afternoon, according to Kremlin officials.

India imports first oil from Guyana since 2021, seeking to diversify energy sources—BBG.

ETF Store's Nate Geraci expects spot LINK ETF launch next week.

Bank of Japan Governor signals potential interest rate hike

Former President Trump has reportedly selected a candidate for the next Federal Reserve chair as expectations grow for rate cuts. His chief economic advisor, Hassett, is considered a strong contender, according to Bloomberg.

Federal Reserve to conclude quantitative tightening by Dec. 1; Powell suggests potential shift to quantitative easing, prompting Fed officials to discuss possible implementation. Markets expect increased risk assets in early 2026 amid prospects of rate cuts under new leadership.

Strategy CEO Phong Le said the firm would only sell its Bitcoin if the company's shares fall below net asset value and if all financing options are exhausted. The company is scheduled to report on Bitcoin acquisitions made last week. Michael Saylor has published a tracker detailing these Bitcoin purchases.

Venezuelan President Nicolás Maduro accuses the United States of seeking to dominate Caracas’ extensive oil reserves.

U.S. stocks rally as "Magnificent Seven" companies post Q3 2025 earnings rise of 18.4%, surpassing Wall Street estimates of 14.7%, as of September 30. Despite representing the slowest growth since Q1 2025 at 5.6%, the results remain solid. The seven tech giants continue to be key contributors to S&P 500 earnings growth, according to FactSet.

Silver prices reach record high, surpassing $56 per troy ounce, nearly doubling since January; other precious metals see moderate gains amid expectations of Federal Reserve policy easing following end of U.S. shutdown; supply deficit persists amid strong investor demand. — Ъ

Pavel Durov launches decentralized mining network Cocoon on TON blockchain. For more information, visit the official website.

Russian President Vladimir Putin is expected to meet with Witkoff before December 4-5, Kremlin spokesperson Dmitry Peskov said. Earlier reports indicated Witkoff might arrive in Moscow on December 2. Putin is scheduled to undertake a state visit to India on December 4-5.

US aims to finalize remaining elements of Trump’s Ukraine peace plan by Sunday, enabling negotiators to travel to Moscow. Ukraine has not yet agreed on territorial issues and security guarantees, Axios reports.

UAE to See Surge in Millionaires by 2025, Driven by Real Estate Investment—Consultants UAE is expected to join the ranks of nations experiencing a significant increase in dollar millionaires by 2025, driven primarily by real estate investments rather than equities, according to global consulting firms. Wealthy investors are increasingly channeling capital into UAE properties, which offer average rental yields of 8-13% in USD and property value gains of up to 30%, the reports indicate. Art Estate, a real estate consultancy with over 20 years of experience, provided detailed market analyses and strategic insights into the trend.

China's Composite PMI dips to 49.7 in November from 50, signaling contraction. Manufacturing PMI declines to 49.2 from 49, while Services PMI falls to 49.5 from 50.1, according to data. RTRS reports that non-manufacturing sector activity contracts for the first time in nearly three years, and manufacturing sector enters its eighth straight month of decline, FT notes.