MUMBAI: Mitsubishi UFJ Financial Group (MUFG) is set to invest ₹39,618 crore ($4.4 billion) for a 20% stake in Shriram Finance Ltd, marking one of the largest cross-border transactions this year and adding to the growing pipeline of deals in the India-Japan corridor.The investment will be made through a preferential issuance of equity shares, Shriram Finance (SFL) said in a filing with the stock exchanges on Friday.The fund infusion will enhance SFL’s capital adequacy, strengthen its balance sheet, and prov ...

The online brokerage is adding parlay-like opportunities to its prediction market platform. Since online brokerage Robinhood (NASDAQ:HOOD) launched its prediction market platform just before the 2024 presidential election, the service has taken off. It has become Robinhood's fastest-growing product line in roughly one year. In the third quarter, the prediction market generated $100 million in revenue, which is about 8% of the $1.27 billion in total revenue the company made. It helped the company achieve rec ...

Core Insights - Japan's MUFG is acquiring a 20% stake in Shriram Finance for $4.4 billion, representing the largest cross-border investment in India's financial sector [1] Company Summary - MUFG's investment in Shriram Finance highlights the growing interest of foreign investors in India's financial market [1] - Shriram Finance is a prominent non-bank lender in India, indicating its significant role in the country's financial landscape [1] Industry Summary - This investment marks a pivotal moment for cross-border investments in the Indian financial sector, potentially encouraging more foreign capital inflow [1] - The transaction underscores the increasing globalization of financial services and the strategic importance of emerging markets like India [1]

Erin Geter’s toddler son became trapped inside her Tesla in May when the electric doors lost power. A few weeks later, she was at a Honda dealership buying a new family car.“I was very traumatized,” said the 39-year-old from Huntersville, North Carolina. These days, she prefers to transport her kids in the CR-V, which has standard door handles. Geter’s case is a particularly extreme example of the lengths Tesla owners are now going to deal with a problem most had never imagined: being unable to open malfunc ...

Core Insights - GameStop is experiencing a significant decline, with its stock down 73% as of December 17, 2025, and analysts recommending underperformance with a price target 41% below current levels [2] - The shift towards digital gaming is rendering GameStop increasingly obsolete, as consumers prefer downloading games rather than purchasing physical copies [3] - Amazon is positioned as a clear winner in the gaming industry due to its cloud-based gaming service, digital game sales, and strong infrastructure support through AWS [5][8] GameStop's Decline - GameStop's stock peaked during the meme stock frenzy in early 2021 but has since plummeted, with a 73% loss noted by late 2025 [2] - The company faces a bleak future as the gaming retail model becomes less relevant in the digital age [3] Amazon's Competitive Advantage - Amazon benefits from the digital gaming trend through its cloud gaming service, Amazon Luna, which allows users to stream games without physical media [5] - The company offers digital game sales for major gaming platforms, providing a convenient alternative to traditional retail [5] - Amazon's AWS supports online gaming infrastructure, enhancing its profitability across various gaming platforms [5] Financial Performance of Amazon - Amazon has shown strong financial growth, with an annualized revenue growth of 11.5% over the last three years and a 13% year-over-year increase in the last two reports [7] - The company generated $10.6 billion in free cash flow from $691 billion in revenues, indicating robust financial health [7] - Amazon's strong financials and growth prospects make it an attractive investment opportunity, particularly in the context of the gaming industry [6][8]

Core Viewpoint - Sampo plc has initiated a share buyback program with a maximum value of EUR 150 million, which commenced on November 6, 2025, and has executed significant buybacks on December 18, 2025, acquiring a total of 244,940 shares at an average price of EUR 10.19 per share [1][2]. Group 1: Share Buyback Details - On December 18, 2025, Sampo plc acquired a total of 244,940 A shares across various markets, with the following daily volumes and average prices: - 4,512 shares at EUR 10.17 on AQEU - 103,883 shares at EUR 10.19 on CEUX - 26,668 shares at EUR 10.18 on TQEX - 109,877 shares at EUR 10.19 on XHEL [1]. - The share buyback program is in compliance with the Market Abuse Regulation (EU) 596/2014 and was authorized by Sampo's Annual General Meeting on April 23, 2025 [1]. Group 2: Ownership Post-Buyback - Following the transactions, Sampo plc now holds a total of 7,667,191 A shares, which represents 0.29% of the total number of shares in the company [2].

Core Insights - Vallourec and Geostock have signed a Memorandum of Understanding to enhance collaboration in developing infrastructure for the energy transition, focusing on hydrogen and carbon capture, utilization, and storage (CCUS) [1][5][6] Group 1: Partnership Details - The collaboration emphasizes hydrogen storage, leveraging Vallourec's Delphy storage system, which can store up to 100 tons of hydrogen, and Geostock's mined lined rock caverns, suitable for capacities exceeding 500 tons [2][4] - Both companies will share expertise in well architecture and tubular solutions for hydrogen and CCUS applications, enhancing the safety and performance of underground storage infrastructures [4][6] Group 2: Strategic Importance - This partnership is part of Vallourec's strategy to collaborate with key players in the New Energies sector, addressing industrial, environmental, and economic challenges of the energy transition [5][6] - Geostock aims to broaden its range of solutions for underground hydrogen storage, leveraging Vallourec's expertise in metallic materials across various storage techniques [6][9]

Core Viewpoint - Continued investment in artificial intelligence (AI) hardware is expected to drive growth in chip stocks, particularly for Nvidia, AMD, and Taiwan Semiconductor Manufacturing [1][2]. Group 1: Nvidia - Nvidia has been a leading performer in the AI sector, benefiting significantly from increased spending on data center capital expenditures, projected to reach record levels in 2026 [5][8]. - The company reported a 63% year-over-year revenue increase and a 67% rise in diluted earnings per share (EPS) for the third quarter of fiscal 2026 [7]. - Nvidia's GPUs are in high demand, with CEO Jensen Huang stating that the company is "sold out" of cloud GPUs, indicating strong market positioning [7]. Group 2: AMD - AMD has not matched Nvidia's success in the AI market but is working on improving its technology and partnerships to enhance its competitive position [8][10]. - The company aims for a 60% compound annual growth rate in its data center business over the next five years, a significant increase from the 22% growth reported in the most recent quarter [10]. - There is potential for AMD's stock to rise as the market begins to recognize its improving prospects [11]. Group 3: Taiwan Semiconductor Manufacturing - Taiwan Semiconductor is the largest chip foundry globally and plays a crucial role in manufacturing chips for companies like Nvidia and AMD [12]. - The foundry's neutral position allows it to benefit from the overall growth in AI infrastructure spending, regardless of which company leads in chip design [12][13]. - With a projected growth in the AI infrastructure market, Taiwan Semiconductor is expected to perform well over the next five years, trading at a lower valuation compared to GPU designers [13][15].

Core Insights - Lindian Resources Ltd announced a significant improvement in the economics of its Kangankunde Rare Earths Project in Malawi, with the pre-tax net present value (NPV) increasing by A$536 million from A$1.8 billion to A$2.3 billion and the internal rate of return rising from 99% to 142% [1][8] Project Economics - The updated project metrics reflect both technical improvements and operational refinements, confirming the robustness of the Kangankunde project [2][8] - The annual production of monazite concentrate has increased from 15,300 to 20,000 tonnes, indicating a strong demand for high-grade concentrate containing approximately 55% total rare earth oxides (TREO) [3][9] Engineering and Construction - Lindian has awarded Obsidian the engineering, procurement, and construction (EPC) contract for the Stage One processing plant, selected through a global tender process [4][10] - Key changes in the processing flow sheet include transitioning from two-stage to single-stage crushing, replacing screening with cyclones, and removing cell block flotation, with capital expenditure remaining steady at approximately US$40 million [5][11] Future Expansion - A study is underway to potentially double output to 100,000 tonnes per annum, led by engineering firm Pacifico, which is expected to de-risk the development path for both Stage One and future expansions [5][11] - The market responded positively to the news, with Lindian's share price rising by around 7% following the announcement [6][12]

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