The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November.

Huawei Technologies Co.'s Maextro S800 sedan is outselling Porsche AG's Panamera, Mercedes-Benz Group AG's S-Class and all other vehicles with sticker prices of at least $100,000 in China. (Source: Bloomberg)

A South Korean rocket took off from Brazil’s Alcântara Launch Center, but fell and crashed into the ground almost immediately, the Brazilian Air Force said.

Rakuten Group Inc. is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency.

The Space Development Agency awarded $3.5 billion in contracts to four defense companies to provide a variety of missile tracking satellites for a low-earth orbit deployment, a significant investment in a part of President Donald Trump’s Golden Dome defense shield.

Bloomberg’s Caroline Hyde discusses Larry Ellison’s personal guarantee to back Paramount Skydance’s bid for Warner Bros. Discovery. Plus, Google agrees to buy power provider Intersect Power for $4.75 billion, as the tech giant makes a push to grow its data center presence. And New York Gov. Kathy Hochul signs a bill regulating advanced artificial intelligence into law. (Source: Bloomberg)

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley’s Kathy Entwistle, Gerber Kawasaki Wealth and Investment Management’s Ross Gerber, HSBC’s Eric Fisch, Charles Schwab’s Liz Ann Sonders, Nasdaq’s Jeff Thomas, NEPC’s Sarah Samuels, Hamilton Lane’s Elizabeth Bell. (Source: Bloomberg)

Overexuberance and complacency dog the market and the AI trade going into next year, says Ted Mortonson, managing director of Baird. He discusses the headwinds he sees around the corner with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)