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Asia’s Flood Catastrophe: Race Against Time as Death Toll Surges

A couple sits outside their home, partially covered in mud after a flash flood hit their village in Tukka, Central Tapanuli Regency, North Sumatra, Indonesia, December 1, 2025. Rescue operations are intensifying across Southeast Asia as the death toll from catastrophic floods and landslides has climbed beyond 1,300 lives . The disaster, triggered by days of relentless monsoon rains and compounded by tropical storms, has devastated communities in Indonesia, Sri Lanka, and Thailand , leaving more than 800 people missing and millions displaced. Emergency crews are working around the clock to reach survivors stranded on rooftops and in remote villages cut off by mudslides and collapsed infrastructure. Helicopters and boats have been deployed to deliver food, clean water, and medical supplies, while volunteers and local authorities struggle to clear debris and restore communication lines. The scale of destruction is immense: homes have been swept away, farmland submerged, and critical r...
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US Futures Dip as Investors Seek Inspiration


The US stock market futures are showing a slight decline today as investors search for inspiration amid mixed signals. Let’s break down the key points:

  1. Rate-Cut and AI Growth Hopes Take a Hit:

    • The recent optimism surrounding rate cuts and artificial intelligence (AI) growth has waned. Federal Reserve officials have emphasized that interest rates will remain higher for longer due to persistent inflation concerns.
    • High yields on 10-year Treasury bonds have weighed on growth stocks, particularly megacap Big Tech companies.

  2. Arm’s Revenue Forecast Dampens AI Enthusiasm:

    • Arm, a major chip designer, provided a downbeat annual revenue forecast. This has cast doubt on the AI growth narrative that had previously boosted chip stocks.
    • Shares of Arm dropped 9% in pre-market trading, and sector peers Nvidia and AMD also saw slight declines.

  3. Earnings Season Continues:

    • Warner Bros. Discovery reported earnings that missed estimates, failing to provide support for investors seeking positive catalysts.
    • Other companies, including Roblox and Yelp, are also reporting earnings today as the season winds down.

  4. Macro Front Updates:

    • Keep an eye on weekly jobless claims data, which is due later today.
    • San Francisco Fed Chief Mary Daly is scheduled to speak, potentially providing further insights.

In summary, the stock market remains cautious, with investors closely monitoring earnings reports and macroeconomic indicators. The path forward depends on how various factors play out in the coming days.


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