Good morning, you're tuned into Markets Desk.
The Thai stock market is testing a critical floor, with the Stock Exchange of Thailand hovering just above the sixteen hundred point level after three consecutive sessions of losses totaling nearly one percent. Analysts are watching closely to see whether that threshold holds as a technical support base or gives way under continued selling pressure.
Shifting to the technology space, the debate over where to deploy capital in hardware is sharpening heading into two thousand twenty six. Cerebras Systems, which designs large-scale AI processors, posted over five hundred million dollars in revenue for fiscal twenty twenty five, putting it squarely in the conversation against battery-tech challenger QuantumScape. The two represent very different bets on where the hardware cycle is heading.
And on the geopolitical front, Chinese President Xi Jinping used the BRICS platform to call on member nations to work collectively toward peace in the Middle East. Beijing, as Tehran's largest trading partner and a major buyer of Iranian energy exports, carries considerable economic leverage in the region, and Xi's remarks signal China's intent to position itself as a diplomatic actor in that conflict.
That's the tape. Markets Desk, signing off the floor.
