Industry Overview - The U.S. cannabis market is projected to approach $45 billion in sales by 2025, with analysts expecting double-digit annual growth through 2030 [1] - More states are supporting recreational cannabis access, and medical adoption is expanding nationwide [1] - Recent news indicates that President Trump may issue an executive order to reclassify cannabis from Schedule I to Schedule III, which could ease restrictions on research, taxation, and investment [1] Trading Insights - Traders are advised to adopt a disciplined process, utilizing technical analysis to identify momentum before volume surges [2] - Key indicators include moving-average curls, trendline breaks, and heavy bid stacking near support [2] - Position sizing should remain small due to the high volatility associated with penny stocks [2] Company Highlights AYR Wellness Inc. (AYRWF) - AYR Wellness is a multi-state cannabis operator based in Miami, Florida, focusing on medical and adult-use cannabis [6] - The company has a vertically integrated structure with cultivation, processing, and retail operations across several states [6] - Financially, AYR reported stagnant revenue year-over-year, with losses expanding due to increased operational costs and competitive pricing pressure [8] FLUENT (CNTMF) - FLUENT is a vertically integrated cannabis company headquartered in Tampa, Florida, with operations in cultivation, manufacturing, and retail [9] - The company has a significant presence in Florida, New York, and Pennsylvania, operating over thirty dispensaries [9] - Recent financial results showed nearly flat revenue year-over-year, with margins compressed due to pricing mix and processing inefficiencies [10] Curaleaf Holdings Inc. (CURLF) - Curaleaf is one of the largest cannabis retailers in the U.S., with about 150 retail locations and a diverse product offering [12] - The company has seen revenue growth as new adult-use markets opened, although profitability remains uncertain due to high compliance and operational costs [13] - Curaleaf's extensive retail network provides a competitive advantage, positioning the company well for future growth as federal reforms progress [13] Market Sentiment - The cannabis trade in December focuses on positioning rather than certainty, with stocks like AYRWF, CNTMF, and CURLF providing exposure to real dispensaries and revenue [14] - Improving state access and consumer demand could lead to a stronger industry outlook in 2026 [14]

The S&P 500 rose about 1%, snapping a four-session losing streak. The Dow Jones Industrial Average climbed over 350 points, while the Nasdaq Composite gained around 1.4%, led by technology and semiconductor shares.Investor sentiment improved after data showed US inflation slowed to 2.7% last month, coming in below economists’ expectations. While inflation remains above the Federal Reserve’s 2% target, the softer reading raised hopes that the central bank could continue cutting interest rates next year to su ...

Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%.  In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted st ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and opinions, as well as materials from third parties for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for any financial actions, including investments or purchases [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned that prices may be provided by market makers rather than exchanges [1]. Group 2 - The content includes information about complex financial instruments such as cryptocurrencies and CFDs, which carry a high risk of losing money [1]. - Users are encouraged to conduct their own research and fully understand the workings and risks of any financial instruments before investing [1].

Company Overview - Trump Media and Technology Group (TMTG) is merging with TAE Technologies, a company focused on fusion power, in an all-stock transaction valued at over $6 billion [1] - TMTG is the parent company of Truth Social, a microblogging platform launched after former President Trump was banned from major social media platforms [2] - TMTG went public last year through a merger with a special-purpose acquisition company (SPAC) and reported a loss of $54.8 million on revenue of $972,900 for the quarter ended September 30, 2025 [2] Financial Position - TMTG has amassed $3.1 billion in assets, primarily through cryptocurrency investments and partnerships, despite low revenue generation from its platforms [3] Fusion Power Initiative - TMTG's acquisition of TAE Technologies aims to establish America's global energy dominance, with plans to construct the world's first utility-scale fusion power plant (50 MWe) next year and additional plants expected to be 350-500 MWe [4] - TAE Technologies has raised nearly $2 billion since its inception, with a recent funding round of $150 million from investors including Google and Chevron [8] - TAE has faced challenges in making its fusion designs work but is also developing a division focused on life sciences, selling a particle accelerator for cancer treatment [9] Industry Context - The fusion power sector is competitive, with other companies like Commonwealth Fusion Systems and Helion also pursuing the goal of integrating fusion power into the grid by the early 2030s [6] - Successful fusion startups could provide gigawatts of clean energy using hydrogen isotopes from seawater, with the process involving heating and compressing these isotopes to create plasma [7]

Core Insights - The Conservative Income Portfolio focuses on value stocks with high margins of safety and utilizes well-priced options to reduce volatility [1] - The Enhanced Equity Income Solutions Portfolio aims to generate yields of 7-9% while minimizing volatility [1] Investment Strategies - The Conservative Income Portfolio is managed by a team with over 40 years of combined experience, emphasizing capital preservation and income generation [2] - The portfolio includes two income-generating strategies and a bond ladder, with a focus on lower volatility through Covered Calls and high-income potential securities [2] Performance Metrics - Performance is benchmarked against a 60:40 portfolio, indicating a structured approach to measuring investment success [1]

Core Insights - The article highlights the author's extensive background in finance, particularly in corporate finance, M&A, and investment analysis, with a focus on real estate, renewable energy, and equity markets [1] Group 1: Professional Background - The author holds a Master's degree in Banking & Finance from Université Paris 1 Panthéon-Sorbonne [1] - The author's experience spans over 10 years in investment banking, specializing in financial modeling, valuation, and qualitative analysis [1] - The author has hands-on experience in private equity, asset management, and real estate [1] Group 2: Objectives and Engagement - The author aims to share insights and analysis on interesting companies with a global audience through Seeking Alpha [1] - The author expresses a desire to engage in debates and discussions to foster continuous improvement in investment decision-making [1] - The motivation behind the author's writing is to empower informed decisions and connect with readers [1]

Kraken exchange announced that xStocks, the gold standard for tokenized equities, has launched on TON , the open network linked to Telegram. This means that users of the social media platform will have access to tokenized versions of US stocks and Exchange Traded Funds (ETFs) through the app’s wallet. No Broker Account, No Complex Onboarding With xStocks With xStocks now live on the TON network, users have exposure to permissionless, onchain U.S. equity. As a result of this integration, users can buy, ...

Stocks have had a strong year, but one corner of the market has quietly outperformed nearly everything else: precious metals. Silver (SIH26) is up over 113% year-to-date, dramatically outperforming gold (GCG26) and doing so by the widest margin in more than four years. That kind of divergence doesn’t happen often — and when it does, it usually carries important signals beneath the surface. More News from Barchart In this Market on Close clip, Senior Market Strategist John Rowland, CMT, breaks down what ...

Chen Tianshi, a cofounder of Cambricon Technologies, has become China's richest AI chip billionaire.China News Service/China News Service via Getty Images China's AI chip boom is minting billionaires at breakneck speed, even as the economy sputters. Surging investor interest in domestic AI and semiconductor stocks is driving rapid wealth gains. US chip bans are supercharging China's homegrown AI champions. China's deepening property crisis has crushed household wealth and dented the fortunes of so ...