European markets set to open lower as French political upheaval drags on

Opening calls

The FTSE 100 is expected to open 8 points lower at 8,341 on Friday morning, while the German DAX index is slated to lose 24 points at the opening, according to IG, bringing it down to 20,334.

Meanwhile, IG is predicting that the CAC 40 will open around 8 points lower at 7,322.

— Chloe Taylor

CNBC Pro: Top picks for 2025: Stocks from Korea, Japan, Hong Kong and Malaysia among Macquarie’s favorites — all with more than 50% upside

Macquarie has named several Asian companies as its top picks for 2025, with predicted gains ranging from 50% to over 80% in their share prices.

The selection spans multiple sectors including technology, automotive, defense, and power utilities, reflecting the investment bank’s positive view on these industries for the coming year.

CNBC Pro subscribers can read more here.

— Ganesh Rao

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Fintech Ripple gets billion valuation after 0 million funding

World

Fintech Ripple gets $40 billion valuation after $500 million funding

November 5, 2025

Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion. The fundraise comes after a slew of acquisitions and […]

World

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

November 5, 2025

Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday. Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision […]

World

Chinese EV maker Xpeng to launch robotaxis, humanoid robots with self-developed AI chips

November 5, 2025

Chinese EV company Xpeng showed off its newest humanoid robot in Guangzhou on Nov. 5, 2025. CNBC | Evelyn Cheng Guangzhou, CHINA — Chinese electric car company Xpeng plans to launch robotaxis next year after previously claiming it wouldn’t be a real business in the near future and took the wraps off of its latest […]