NEW YORK, NY / ACCESS Newswire / November 28, 2025 / Dubai has been expanding its influence in global commodities trade for more than two decades, but the world finally noticed when the DMCC shifted from a marketplace to a verification authority. That transition is accelerating because Dubai understands a crucial truth. ...

Market Overview - Stocks surged ahead of the Thanksgiving holiday, with the Nasdaq gaining 0.82% to 23,214.69, S&P 500 up 0.69% to 6,812.61, and Dow Jones increasing by 0.67% to 47,427.12, driven by optimism in the market and positive labor-market data showing a drop in initial jobless claims [1] Robinhood Markets Inc. - Robinhood's stock surged 10.93%, closing at $128.20, with an intraday high of $128.90 and a low of $120.86, while its 52-week high and low are $153.86 and $29.66 respectively [2] - The company announced plans to launch a futures and derivatives exchange and clearinghouse through a joint venture, with Susquehanna International Group as the initial liquidity provider, which could enhance liquidity and allow for the design of custom contracts [3] Beyond Meat Inc. - Beyond Meat's stock rose 19.01%, closing at $1.02, with an intraday high of $1.05 and a low of $0.86, while its 52-week high and low are $7.69 and $0.50 respectively [4] - The stock rebound occurred despite no new developments, attributed to broader market optimism, although the company reported a third-quarter revenue of $70.2 million, down 13.3% year-over-year, and a weak fourth-quarter outlook of $60–65 million [5] Tilray Brands Inc. - Tilray's stock increased by 4.76%, closing at $1.03, with an intraday high of $1.06 and a low of $0.99, while its 52-week high and low are $2.32 and $0.35 respectively [6] - The company announced a 1-for-10 reverse stock split effective December 1, aiming to reduce annual costs by about $1 million and attract institutional investors [6] ASML Holdings NV - ASML's stock climbed 3.76%, closing at $1,040.97, with an intraday high of $1,055 and a low of $1,037.30, while its 52-week high and low are $1,086.11 and $578.51 respectively [7] - The company benefits from strong AI-driven demand and its monopoly in EUV tools, with Goldman Sachs projecting long-term revenue could more than double, and it expects over 25% of 2025 sales to come from China [7] SMX (Security Matters) PLC - SMX's stock skyrocketed 194.42%, closing at $17.40, with an intraday high of $17.40 and a low of $5.91, while its 52-week high and low are $66,187.39 and $3.12 respectively [8] - The company is gaining attention due to its molecular tagging technology for gold verification, which aims to improve traceability and auditability in the gold supply chain, supported by interest from operators like Brink's [9]

Company Highlights - Zynex, Inc. (NASDAQ:ZYXI) experienced a 98% increase in stock price, reaching $1.46 from a low of $0.695, with a trading volume exceeding 66 million shares, driven by strong Q3 results [1][6] - Pasithea Therapeutics Corp. (KTTA) saw a 69.4% rise in stock price to $0.826, peaking at $1.34 during the day, with a trading volume of approximately 124 million shares, following a $1 million grant from the ALS Association for ALS research [2][6] - Amber International Holding Ltd (Nasdaq: AMBR) reported a 59.49% jump in stock price to $2.52, with over 85 million shares traded, and announced a $50 million share repurchase program, reflecting strong business momentum [3][6] - SMX (NASDAQ:SMX) saw its stock price climb by 58.21% to $9.35, with over 12 million shares traded, showcasing strong momentum at the 2025 DMCC Precious Metals Conference [4][6] Market Trends - The market is characterized by significant investor interest and stock price volatility across various sectors, including healthcare, biotechnology, real estate, and technology, driven by company-specific developments and broader market trends [5]

Core Insights - Dubai is transforming its gold market into a global benchmark, driven by the DMCC's efforts to enhance verification and authentication processes in precious metals trade [1][2][3] - SMX's identity technology is positioned to meet the rising demands for embedded verification in gold transactions, making it essential for the future of the industry [2][9] Industry Transformation - The DMCC has spent over twenty years establishing itself as a leading hub for global precious metals trade, focusing on speed, volume, and regulatory excellence [1][3] - The latest DMCC Precious Metals Conference indicates a shift towards higher global standards and tighter expectations in the gold market [2][4] - The integration of transparency as a core function in the gold ecosystem is becoming a competitive advantage, with SMX's technology playing a crucial role [3][5] SMX's Role - SMX provides molecular identity technology that ensures the authenticity of gold throughout its lifecycle, from melting to transport, thereby enhancing auditability and reducing disputes [6][9] - The timing of SMX's technology introduction aligns with the DMCC's modernization efforts, making it a critical infrastructure component for the evolving gold market [7][8] - SMX's identity system is designed to mitigate cross-border risks and improve compliance, addressing the industry's need for cleaner audit trails [9]

Core Insights - The recent months have not provided SMX (NASDAQ:SMX) with normal momentum, indicating a significant shift in its operational dynamics [1] Company Summary - SMX has experienced a notable change in its momentum over the past several months, suggesting potential challenges or transformations within the company [1]

Core Insights - 2025 was a pivotal year for SMX, as the company became a sought-after partner rather than actively pursuing partnerships [1] Company Summary - SMX experienced a shift in dynamics, indicating strong market positioning and attractiveness to potential partners [1]

Core Insights - SMX (NASDAQ:SMX) entered the 2025 DMCC Precious Metals Conference on November 24th with existing momentum rather than seeking it [1] Company Overview - SMX is positioned strongly within the precious metals sector, indicating a robust operational status prior to the conference [1] Industry Context - The participation of SMX in the DMCC Precious Metals Conference highlights the company's active engagement in the precious metals market, reflecting broader industry trends [1]

Core Viewpoint - SMX (NASDAQ:SMX) presented itself at the 2025 DMCC Precious Metals Conference with substantial evidence of its capabilities, rather than seeking validation [1] Company Summary - SMX arrived at the conference with proof of its achievements, indicating a strong position in the precious metals sector [1]

Group 1 - Dubai is recognized as a key hub for gold trading, providing legitimacy to the gold market [1] - The city serves as a venue for traders to resolve disputes and for refineries to validate the origin of gold [1] - Dubai's vaults are noted for their reputation, indicating a high level of trust in the security of gold assets [1] Group 2 - The market in Dubai is a critical point for forecasting the future trends of bullion [1]

Core Insights - The 2025 DMCC Precious Metals Conference showcased significant discussions and developments in the precious metals industry, indicating a strong focus on future trends and innovations [1] Industry Summary - The conference highlighted the importance of precious metals in the current economic landscape, emphasizing their role in various sectors including technology and finance [1] - Key industry players gathered to discuss market dynamics, investment opportunities, and the impact of geopolitical factors on precious metals [1] - The event served as a platform for networking and collaboration among stakeholders in the precious metals market, aiming to drive future growth and sustainability [1]