The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.
1142 ET - Nvidia's licensing agreement with Groq makes little sense from a technological perspective, but even the defensive rationale is difficult to see, says D.A. Davidson analyst Alex Platt. In the competitive landscape, Nvidia really only has to be concerned about Google and while Google's threat is growing, it's still not big enough to justify this kind of move. Nvidia could be seeing something in Groq's future chip generations but even so, "best case isn't a great case," Platt says. "We find it hard to believe there aren't better assets in the same market for NVIDIA to take a look at." (nicholas.miller@wsj.com)
1122 ET - Nvidia's licensing agreement with Groq is a confusing move and the benefits for Nvidia appear limited, says D.A. Davidson analyst Alex Platt. Groq's chips don't have much of a technological advantage in today's market and are useful only for a limited set of workloads, not for frontier AI models." The reality is, we have a hard time seeing this as a deal for technology reasons," Platt says. "These specialized architectures can be excellent in narrow slices of inference, but they don't generalize well to the kind of workloads the frontier is converging on." (nicholas.miller@wsj.com)
0851 ET - Google will start allowing users to change their Gmail addresses, according to an update to a support page. Users will be able to change their address that ends with gmail.com to a different one that also ends in gmail.com without interfering with their data. The old email address will be set as an alias and users will receive emails at both addresses. Users won't be able to change the address again for 12 months. (nicholas.miller@wsj.com)
0324 ET - Singapore's economic growth this year could exceed UOB's forecast if factory output rebounds in December, UOB economist Alvin Liew says in a note. Factory output rose 14.3% on year in November but slipped on month after two consecutive months of expansion. The pullback likely reflects fading momentum in pharmaceutical output and a slight monthly decline in electronics production, the UOB economist says. He maintains his GDP growth forecast at 4.4% for 2025 but notes that the estimate is "somewhat conservative," as it assumes a further correction in factory output in December. UOB expects Singapore's GDP to expand by 2.1% in 2026. Advance GDP estimates for 4Q and the full year 2025 are due Jan. 2. (megan.cheah@wsj.com)
0242 ET - Indian chemical manufacturer Clean Science & Technology's valuation appears attractive, say HDFC Securities analysts in a note. The company's recent chemical plant commercialization completed its capital expenditure cycle, improving its revenue visibility, the analysts say. Clean Science & Tech could now look into inorganic expansion, given its annual operating cash flow of over 3 billion rupees, they add. The analysts expect earnings per share to grow to INR43.00 in FY 2029 from INR24.70 in FY 2026 at a 20% compound annual growth rate. HDFC Securities raises its rating on the stock to add from reduce and lifts its target price to INR964.00 from INR906.00. Shares fall 1.4% to INR884.70. (megan.cheah@wsj.com)
0019 ET - China's deflationary pressures are likely remained subdued in December, according to Nomura analysts in a research note. Nomura expects the nation's consumer price index to edge up 0.7% on year for the month, unchanged from November due to a boost from food prices, while core prices still drag. China's campaign to cut excess supply capability has also helped to ease deflationary pressures, they note. The December CPI reading is expected to be better than a -0.2% recorded in 3Q and an unchanged reading in 2Q, the analysts point out. (tracy.qu@wsj.com)
0014 ET - Short-term trend of India's Nifty 50 index remains positive, based on the daily chart, HDFC Securities' Devarsh Vakil says in an email. The daily chart shows a bullish higher-top, higher-bottom structure for the index, the Head of Prime Research notes. On the upside, 26240 is likely to be the immediate resistance followed by 26330, Vakil says. On the downside, 26000 is expected to act as near-term support, Vakil adds. The Nifty 50 Index is 0.2% lower at 26093.15. (ronnie.harui@wsj.com)
0003 ET - The Malaysian ringgit could face pressure in 1Q 2026 from seasonal U.S. dollar strength and a still-resilient U.S. growth outlook, potentially pushing USD/MYR to the 4.05-4.10 range, Kenanga economists say. Beyond that, the ringgit is expected to gradually strengthen toward its long-term fair value as structural support for the dollar fades, they say. Kenanga maintains its USD/MYR end-2025 forecast of 4.08, with room for the currency to end the year closer to 4.00. Kenanga expects USD/MYR to face resistance at 4.066 and support at 4.027 in the short term. USD/MYR is 0.2% lower at 4.0370.(yingxian.wong@wsj.com)
(END) Dow Jones Newswires
December 26, 2025 11:42 ET (16:42 GMT)
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