BEIJING/HONG KONG, Dec 16 (Reuters) - Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of ​the matter said. The IPO could raise $300 million, local Chinese media reported. One of the sources ‌confirmed the number to Reuters. The Shanghai-based company, along with other domestic rivals, is banking on rapid growth as China seeks to develop ‌domestic alternatives to U.S. semiconductors amid stringent export restrict ...

Core Viewpoint - Alaska Energy Metals Corporation has issued 6,921,087 common shares at a price of $0.10 per share to settle debts totaling $599,408.70 owed to various creditors [1] Debt Settlements - The total number of Settlement Shares issued is 6,921,087, which were provided to creditors in exchange for services rendered to the company [1] - The total debt settled through this issuance amounts to $599,408.70 [1] - Among the Settlement Shares, 1,118,670 were issued to Non-Arm's Length Parties, settling debts totaling $111,867.00 [1]

Core Insights - SpaceX is planning to debut on Wall Street in 2026, generating significant interest and speculation regarding its stock ticker symbol [1][5] - The company is targeting a valuation of $800 billion for its secondary share sale, with potential IPO estimates reaching as high as $1.5 trillion, which could make it the largest stock market debut ever [5] Ticker Symbol Speculation - Cryptocurrency bettors are speculating on SpaceX's ticker symbol, with "$X" having the highest odds at approximately 23%, followed by "$SEX" at 16% and "$SX" at 13% [2] - The official announcement of the ticker symbol is awaited to resolve the ongoing speculation [2] IPO Timing and Valuation - Polymarket bettors estimate an 81% chance that SpaceX will go public in 2026, while Kalshi users assign a 57% probability that the IPO announcement will occur before August 2026 [3] - SpaceX executives have indicated a target for the IPO in late 2026 after nearly 25 years of being private [5] Founder Wealth Implications - If the IPO is successful, Elon Musk's wealth could potentially exceed $1 trillion, more than doubling his current net worth [6]

Major US indexes closed lower on Friday, even after Broadcom’s quarterly results and guidance beat Wall Street estimates. The plunge reflects investors pulling back from the artificial intelligence trade despite solid results, largely due to concerns about overall lower margins and uncertainty around deal activity.The artificial intelligence theme has been the main driver of the stock market this year, and any negative sentiment has had far-reaching consequences.However, many firms see the pullback as a per ...

WARSAW, Poland, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Hinen officially introduces the H15000T 15kW Three-Phase Low-Voltage Hybrid Inverter, a next-generation energy solution developed for three-phase residential and light commercial markets in Europe and Africa. Designed to meet the growing demand for solar + storage + reliable backup power in large residential properties and small commercial applications, the H15000T is ideal for regions where three-phase power systems are widely adopted. In Europe, the inver ...

On December 12, Chris Hyzy, chief investment officer for Merrill and Bank of America Private Bank, appeared on CNBC’s ‘The Exchange’ to discuss the market outlook in 2026. Hyzy stated that he is not worried about the market and characterizes 2026 as the year of a proud bull, not a stampeding one. He defined a proud bull as one that looks back and acknowledges all the hard work put in, referencing not just the last 12 months, but almost the last 36 months, during which the market has seen a lot and been impa ...

Core Insights - Billionaire David Tepper's investment strategy focuses on acquiring beaten-down stocks to navigate high valuations, with his family office Appaloosa leading this approach [1][2] - Tepper's firm has diversified its portfolio into 45 positions, which has contributed to consistent returns, while also pursuing distressed debt and deep-value equity [3] - Tepper expresses caution regarding the potential for asset bubbles due to overly accommodative monetary policy from the US Federal Reserve [4][5] Investment Strategy - Tepper's Appaloosa has capitalized on consumer stocks affected by tariffs, aiming to benefit from a resilient US economy supported by interest rate cuts [2] - The firm has locked in gains from the "magnificent seven stocks" while seeking opportunities in stocks trading at discounted valuations [2] Market Conditions - Tepper believes that the current monetary easing may not significantly impact inflation, suggesting that the market remains in a somewhat restrictive environment [5] - Despite being constructive on the market due to easing, Tepper expresses concern over high valuation levels, indicating that "nothing's cheap anymore" [6] Stock Picks - Uber Technologies, Inc. (NYSE: UBER) is one of Tepper's top picks, with an equity stake of $235.81 million, despite a stock performance decline of 12.79% from the end of Q3 to December 11 [10] - PDD Holdings Inc. (NASDAQ: PDD) is another top pick, with an equity stake of $237.91 million and a stock performance decline of 15.28% during the same period [16] - PDD Holdings has a consensus Moderate Buy rating, with analysts projecting a 30.74% upside potential based on its solid third-quarter results and international business growth [17][18]

Leerink Partners sets a price target of $40 for NASDAQ:IMNM, indicating a potential increase of approximately 76.6%.Immunome announces an underwritten public offering aiming to raise $400 million to advance cancer therapy developments.The stock price of IMNM has reached a yearly high of $25.30, with today's trading volume hitting 12.54 million shares.Immunome, Inc. (NASDAQ:IMNM) is a biotechnology company focused on developing innovative cancer therapies. On December 15, 2025, Leerink Partners set a price t ...

Raymond James downgraded MongoDB from "Strong Buy" to "Market Perform" on December 15, 2025, with the stock priced at $415.97.MongoDB's stock has seen a 2.29% increase over the past week, indicating strong momentum.The company's market capitalization is approximately $33.86 billion, showcasing its significant presence in the database industry.MongoDB Inc. (NASDAQ:MDB) is a leading provider of database solutions, known for its innovative NoSQL database platform. The company offers a flexible and scalable dat ...

CBL International Limited Earning the EcoVadis Silver Medal is a significant milestone that validates our ongoing dedication to responsible business practices KUALA LUMPUR, Dec. 15, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”) is proud to announce it has been awarded the prestigious EcoVadis Silver Medal, placing the company among the top 15% of organizations globally assessed for sustainabilit ...