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Shriram Finance inks pact with Japan's MUFG Bank for investment of Rs 39,618 crore; MUFG to acquire 20% stake
The Times Of India· 2025-12-19 09:24
According to the filing, the Board of Directors of Shriram Finance approved the proposal at its meeting held on Friday. Under the agreement, MUFG Bank will invest Rs 39,618 crore, equivalent to around USD 4.4 billion, in Shriram Finance through a preferential issuance of equity shares. This investment will result in MUFG Bank acquiring a 20.0 per cent stake in Shriram Finance on a fully diluted basis.It stated "The Board of Directors of Shriram Finance Limited ("SFL") at their meeting held today approved en ...
Trump's Marijuana Reclassification Looks Set To Send This Cannabis ETF Soaring: Big Surge In Momentum - AdvisorShares MSOS Daily Leveraged ETF (ARCA:MSOX)
Benzinga· 2025-12-19 09:24
A leveraged ETF that gives investors exposure to the American cannabis industry looks set to soar following President Donald Trump’s executive order directing the easing of federal restrictions on the psychoactive substance. The AdvisorShares MSOS Daily Leveraged ETF (NYSE:MSOX) , as the name suggests, is a leveraged fund that gives investors exposure to two times the daily total return of the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) , which is seeing a lot of activity amid this major regulatory shift ...
What You Need to Know Ahead of State Street's Earnings Release
Yahoo Finance· 2025-12-19 09:22
State Street Corporation (STT), headquartered in Boston, Massachusetts, provides a range of financial products and services to institutional investors worldwide. Valued at $35.6 billion by market cap, the company’s products and services include custody, accounting, administration, daily pricing, international exchange services, cash management, financial asset management, securities lending, and investment advisory services. The financial giant is expected to announce its fiscal fourth-quarter earnings for ...
Data center deals hit record $61 billion in 2025 as AI valuation risks and funding concerns grip investors
CNBC· 2025-12-19 09:21
Core Insights - The data center market has seen over $61 billion in investment this year, a slight increase from $60.8 billion last year, amidst a "global construction frenzy" [1] - Dealmaking in global data centers has reached a record high, driven by the need for infrastructure to support energy-intensive AI workloads, with a notable increase in debt financing from private equity markets [2] - Concerns about inflated AI valuations and the sustainability of data center financing have emerged, leading to a sell-off in global stocks [1][2] Company-Specific Developments - Oracle's shares dropped 5% following reports of Blue Owl Capital withdrawing from a $10 billion data center deal in Michigan, impacting other tech stocks like Broadcom, Nvidia, and AMD [3] - Despite the recent stock pullback, analysts, including those from S&P Global, expect that market concerns regarding AI and Oracle will be temporary and will not significantly affect data center development and M&A activities in the near term [4] Market Trends - There have been over 100 data center transactions in the first 11 months of the year, surpassing the total deal value for all of 2024, with the majority occurring in the U.S. and the Asia-Pacific region [6] - The competitive landscape among AI model providers is rapidly changing, which may influence investor sentiment in public markets, but demand for AI applications is projected to continue growing strongly through 2026 [4]
Result of the auction of treasury bills on 19 December 2025
Globenewswire· 2025-12-19 09:21
Summary - The document presents data on bids, sales, stop-rates, and prices for specific financial instruments, indicating no activity in the current reporting period [1]. Group 1 - There are no bids or sales recorded for the instruments listed, with a total of 0 for both categories [1]. - The stop-rate percentage is not applicable as there are no recorded transactions [1]. - The price information is also absent, reflecting a lack of market activity for the specified instruments [1].
MUFG to acquire 20% stake in Shriram Finance in India's largest financial sector FDI
Invezz· 2025-12-19 09:21
Japan's Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the largest cross-border investment ever in India's financial sector, the Indian... ...
Philippines vehicle market down 9% in November
Yahoo Finance· 2025-12-19 09:20
New vehicle sales in the Philippines fell by almost 9% to 37,352 units in November 2025 from 40,898 units a year earlier, according to members’ wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers Association (TMA). The market has begun to slow in recent months, after three years of strong growth from the 2021 pandemic lows. Economic growth in the country slowed to 4.4% year-on-year in the third quarter of 2025, down from 5. ...
Prediction: 2 Cryptocurrencies That Will Be Worth More Than Cardano by the End of 2026
Yahoo Finance· 2025-12-19 09:20
Key Points Cardano doesn't yet have an ETF, nor does it have a lot of on-chain capital. Dogecoin is featured in spot ETFs now. Solana has both ETFs and a lot of capital on its network. 10 stocks we like better than Cardano › Despite its crowd of very persistent holders, Cardano (CRYPTO: ADA) only has a market cap of $13.8 billion, making it a lot smaller than even Dogecoin, (CRYPTO: DOGE) with $20 billion, as well as larger chains like Solana, (CRYPTO: SOL) which has a cap of $71.3 billion. Perha ...
Opendoor Technologies Stock Is Up 320% in 2025. Is It a Buy for 2026?
The Motley Fool· 2025-12-19 09:18
Core Viewpoint - Opendoor Technologies has experienced significant stock price volatility driven by retail trading rather than fundamental business improvements, raising concerns about its sustainability in the market [2][17]. Company Overview - Opendoor's stock opened at $1.59 and fell to $0.51 by June 2025, before surging to $6.70 due to retail trading activity on social media platforms [2]. - The company offers homeowners cash offers for their properties, aiming for quick transactions with settlement periods as short as two weeks [5]. Business Model and Risks - Opendoor's strategy involves quickly flipping homes for profit, which is effective in a rising market but poses risks during downturns, as evidenced by competitors like Zillow and Redfin exiting the market after losses [6][16]. - The current U.S. housing market is challenging, with existing home sales near a five-year low and a record high of 528,769 more sellers than buyers in October [7]. Financial Performance - In Q3 2025, Opendoor's revenue fell by 33% year-over-year to $915 million, with only 2,568 homes sold and inventory reduced by half to 3,139 properties [11]. - The company reported a net loss of $90 million in Q3 2025, bringing the year-to-date loss to $204 million, indicating ongoing financial struggles [12]. Management Changes and Future Strategy - A new CEO, Kaz Nejatian, was appointed in September 2025, with plans to leverage AI for faster transactions and to create a marketplace for direct buyer-seller interactions, aiming to diversify revenue streams [9][10]. Market Outlook - The Federal Reserve's interest rate cuts may eventually stimulate the housing market, but historical performance suggests Opendoor may still struggle to achieve profitability even under favorable conditions [15][16]. - Given the speculative nature of recent stock price movements and the company's financial challenges, there are concerns about potential future losses for investors [17].
So far, few CFOs see substantial ROI from AI spending
Yahoo Finance· 2025-12-19 09:15
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. While CFOs want to see clear evidence that their investments create the expected value, most are still waiting for substantial ROI from their spending on AI tools, according to a new study. Only 14% of 200 U.S. finance chiefs surveyed by professional services firm RGP said they’ve seen a clear, measurable impact from their AI investments to date. At the same time, though, two ...