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The Wrap-Up for Wednesday, December 17
Youtube· 2025-12-17 12:15
All right, welcome back to Worldwide Exchange. As we close on the 6 a. m.hour, a check on a few big stories that we're following this morning. Sources tell CNBC Open AI is in talks to raise at least $10 billion from Amazon and use its [music] chips. Open AAI has so far declined to comment.A deal could value OpenAI [music] at more than $500 billion and see it adopt Amazon's Tranium chip, a story that we're continue to follow [music] throughout the morning. All right, Whimo is in talks to raise $15 billion in ...
OR Royalties announces select asset updates
Yahoo Finance· 2025-12-17 12:15
Core Insights - OR Royalties has reported positive advancements in its asset portfolio, particularly at Dalgaranga, which is expected to become the company's 23rd producing asset [1] - The company expressed increased confidence in the development timelines of several projects, including Cascabel, Marimaca MOD, and Spring Valley [1] - Recent updates from Gold Fields regarding Windfall's development timeline have provided additional clarity and confidence [1] - Encouraging exploration results from TDG Gold's AuWEST Project and Benz Mining's Glenburgh Gold Project highlight the value in OR Royalties' advanced exploration assets [1] - The company believes that the current share price does not reflect the value outlined in the year-end update, leading to active share repurchases [1] Asset Updates - Dalgaranga is on track to become the 23rd producing asset for OR Royalties [1] - Positive developments noted in Cascabel, Marimaca MOD, and Spring Valley projects [1] - Windfall's development timeline has been clarified through Gold Fields' recent Capital Markets Day [1] Exploration Highlights - TDG Gold's AuWEST Project in British Columbia has shown encouraging exploration results [1] - Benz Mining's high-grade Glenburgh Gold Project in Western Australia also demonstrates significant value [1] Share Repurchase Activity - OR Royalties has repurchased 920,632 common shares year-to-date at an average price of C$47.63, totaling C$43.9 million [1]
Texas Pacific Land Stock: Is TPL Underperforming the Energy Sector?
Yahoo Finance· 2025-12-17 12:15
Texas Pacific Land Corporation (TPL), headquartered in Dallas, Texas, owns and manages tracts of land and resources, and water services and operations businesses in Texas. Valued at $19.3 billion by market cap, the company’s income is derived from land sales, oil and gas royalties, grazing leases, and interest. Companies worth $10 billion or more are generally described as “large-cap stocks,” and TPL perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influenc ...
AZI Plans to Subscribe for US$100 Million of Token Cat Limited Shares at US$30 per Share, Strengthening Automotive Group-Buying Channels and Supporting AZI's Global Expansion Strategy
Globenewswire· 2025-12-17 12:15
Beijing, China, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Token Cat Limited (Nasdaq: TC) (the “Company” or “Token Cat”)Today announced that Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (“AZI”), a leading enterprise in China’s automobile sales and aftersales services sector, has reached a preliminary consensus with the Company on a proposed equity investment and business cooperation. Pursuant to the proposed arrangement, AZI plans to subscribe for newly issued shares of Token Cat at a price of US$30 per sh ...
ETFs bleed, keeping bitcoin in stasis: Crypto Daybook Americas
Yahoo Finance· 2025-12-17 12:15
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) has churned between $86,000 and $88,000 over the past 24 hours, with Tuesday’s U.S. jobs data failing to inject meaningful volatility. The price sits near a major technical level which, if broken, could bring more pain. The number of BTC/USD longs (bullish bets) on Bitfinex continues to climb, reaching 72,184 at press time, the highest since February 2024. It may sound counterintuitive, but rising longs have historically turned out ...
AZI Receives Investment Letter: CDIB Capital Intends to Invest $300 Million at a Comprehensive Price of $5 Per Share, Company's Financial Strength to Be Significantly Enhanced Upon Transaction Completion
Prnewswire· 2025-12-17 12:15
BEIJING, Dec. 17, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (the "Company" or "Autozi") today announced that it has received an investment letter from CDIB Capital International Holdings Limited ("CDIB"). Pursuant to this letter, CDIB proposes to invest a total of approximately US$300 million in the Company in stages at a comprehensive price of US$5.00 per share. If successfully completed, the transaction is expected to significantly strengthen AZI's capital position, prov ...
Aclara Wins UN Global Compact Award for Its Contribution to Local Employment and Suppliers
Accessnewswire· 2025-12-17 12:15
TORONTO, ON / ACCESS Newswire / December 17, 2025 / Aclara Resources Inc. ("Aclara" or "Company") (TSX:ARA) is pleased to announce that it has won third place from the United Nations ("UN") Global Compact Chile Network for its Local Suppliers Network initiative, which contributes to the Sustainable Development Goals (SDGs) in the Human Rights category. Aclara receives third place for its Local Suppliers Network initiative in the Human Rights category at the UN Global Compact Chile Network's Award ceremony T ...
Markets close lower as Rupee volatility, weak breadth dampen sentiment
BusinessLine· 2025-12-17 12:13
Markets ended marginally lower on Tuesday, weighed down by a sharp reversal in the rupee after it touched a record low and weak broader market sentiment, with nearly two-thirds of traded stocks declining and 196 scrips hitting 52-week lows. The BSE Sensex closed at 84,559.65, down 120.21 points or 0.14 per cent, after opening higher at 84,856.26. The NSE Nifty fell 41.55 points or 0.16 per cent to settle at 25,818.55, after touching an intraday high of 25,902.40. Of the 4,328 stocks traded on the BSE, 2,761 ...
Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote
Yahoo Finance· 2025-12-17 12:12
Norway’s Norges Bank Investment Management (NBIM) has endorsed Metaplanet's (3350) bitcoin (BTC) focused strategy, voting in favour of all five management proposals ahead of the company’s Extraordinary General Meeting (EGM) on Dec. 22, according to a Bloomberg screenshot shared by Dylan LeClair, Metaplanet’s director of bitcoin strategy. NBIM, which is one of the world's largest sovereign wealth funds, managing about $1.7 trillion in assets, reported that it held approximately 0.3% of Metaplanet as of Ju ...
Sen: Oil moves look muted because oversupply is still the dominant market theme
Youtube· 2025-12-17 12:12
We're looking at the moves on oil right now. So, we're also seeing some new reports crossing the wire about the possibility of sanctions on Russian oil if Putin uh doesn't agree to Ukraine peace deal. It seems like oil prices moved maybe a half a percent, maybe even a full percent higher after that news broke.How much disruption are we seeing in the oil market this morning. Yesterday, we seem to be worried about uh over supply. This morning, how materially has this changed.I'd say look ultimately if you thi ...