Gurugram has emerged as India’s largest ultra luxury housing market in 2025, surpassing Mumbai with ₹24,120 crore in ₹10 crore-plus home sales. Driven by IPO-led wealth creation, rising prices, and rapid growth in corridors like Dwarka Expressway and Golf Course Extension Road, the city recorded a record 1,494 high-value transactions this year.

President Trump's "Board of Peace" is reportedly exploring a dollar-backed stablecoin for Gaza to aid economic reconstruction. The initiative aims to facilitate digital transactions amidst the region's collapsed banking system. Led by adviser Liran Tancman, the project involves Palestinian and Gulf tech firms and is not intended as a new national currency.

PayPal is reportedly attracting takeover interest after its stock plummeted nearly 41% over the past year. According to Bloomberg, at least one large rival is considering a full buyout, while others are interested in specific assets. The company has met with banks to discuss options amid these unsolicited approaches.

Nvidia announced partnerships with top cybersecurity firms like Akamai and Palo Alto Networks to bring AI to operational technology. The collaboration aims to enhance real-time threat detection for critical infrastructure. NVDA and Akamai shares rose, while Palo Alto Networks fell nearly 3% following the announcement.

Labour Ministry has approved a pilot project to automatically settle 7.11 lakh inoperative EPFO accounts by crediting ₹30.52 crore directly to Aadhaar-linked bank accounts, several reports said. Ministry has decided to return the amount lying in inoperative accounts where the balance is less than ₹1,000. If account holder is no longer alive, the funds will be credited to the nominee.

Microsoft is investigating a service outage affecting users in the US, specifically those requiring multi-factor authentication. The company reported 504 gateway timeout errors are preventing sign-ins for North American organizations. Error reports spiked on Downdetector. Microsoft confirmed it is actively working to resolve the issue impacting MSFT 365 services and user logins.

Gossamer Bio shares plummeted 82% after its drug seralutinib failed to meet the primary endpoint in a Phase 3 trial for pulmonary arterial hypertension. Although the drug showed clinical improvement in walking distance, the results fell short of the predetermined statistical significance threshold required for success.

Tian Ruixiang stock soared 130% after announcing advanced merger talks with an Asia-Pacific insurtech firm and continuing its Bitcoin strategy. The company is partnering with an investor to acquire 15,000 BTC for a $1.5 billion AI-crypto initiative. Additionally, the board approved a 1-for-50 reverse split to support the corporate restructuring.

Michael Burry shared a Citrini Research thought experiment titled 'The 2028 Global Intelligence Crisis', which warns that AI agents could crash the economy. The report predicts 10.2% unemployment and a 38% S&P 500 drop. Burry noted the scenario on X, implying that if AI bullishness continues, it might actually lead to a severe bearish outcome.

Crypto.com received conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank. This allows the exchange to move closer to federal oversight, offering custody and staking services. The bank, chartered as Foris Dax National Trust Bank, will safeguard digital assets. Existing operations remain unchanged pending full approval.