Core Viewpoint - Goldman Sachs Asset Management maintains that the broader artificial intelligence (AI) trade remains structurally sound despite recent market volatility caused by significant stock drops in companies like CoreWeave Inc. [1] Funding Landscape - Sung Cho, co-head of public tech investing, argues that concerns about a debt-fueled bubble are unfounded, as 90% of the sector's infrastructure buildout is funded by robust corporate cash flows rather than risky borrowing [2][3] - The industry requires between $700 billion and $1 trillion for AI infrastructure over the next few years, with only 10% of this funding coming from debt [3] Risk Assessment - The recent decline in shares of CoreWeave and concerns surrounding Oracle Corp. are considered outliers and not indicative of systemic issues, representing only 2-3% of the overall debt funding picture [4] - Specific companies like CoreWeave are facing supply chain issues rather than a lack of demand [5] Shifts in AI Leadership - Investor sentiment has shifted, with Alphabet Inc.'s Gemini now viewed as the leading AI model, contributing to a $1 trillion market cap increase for Google in the last three months [6] Market Performance - CoreWeave's shares have dropped 23.34% over the last five sessions, although they are up 78.21% since their listing earlier this year [7]

Core Insights - The November jobs report presents mixed signals about the U.S. economy, with both positive job growth and a higher unemployment rate [1][2][4] Economic Indicators - The unemployment rate increased, attributed to a growing labor force, while job growth in November exceeded estimates [2][4] - The CME FedWatch tool indicates that the probability of interest rate cuts in January remains at 25.5%, reflecting a slight increase from prior to the jobs report [3] Market Reactions - Major U.S. stock indexes showed mixed performance: S&P 500 and Dow Jones fell by 0.24% and 0.62% respectively, while the Nasdaq Composite gained 0.23%, driven by Tesla's stock reaching an all-time high [4]

Core Viewpoint - Alvotech successfully placed USD 108 million in senior unsecured convertible bonds due 2030, significantly oversubscribed, to fund ongoing R&D investments and support global product launches [2][3][4]. Company Overview - Alvotech is a global biotech company focused on developing and manufacturing biosimilar medicines, with a current pipeline of 30 products under development [2][11]. - The company aims to be a leader in the biosimilar market by providing high-quality, cost-effective products and services [11]. Financial Details - The proceeds from the bond offering will be used to continue investing in R&D, with an expected R&D budget of around USD 250 million in 2026 [2][4]. - The convertible bonds carry a coupon of 6.875%, payable semi-annually, and have a conversion premium set at 25% over USD 4.7379 per share, with an initial conversion price of USD 5.9224 per share [4][5]. Market Position and Strategy - Alvotech is scaling up its production capacity to support four new global product launches through 2026 [2][3]. - The company has formed strategic partnerships to enhance its global reach and leverage local expertise in various markets, including the US, Europe, and Asia [11]. Transaction Timeline - The offering was launched on December 16, 2025, with settlement of the convertible bonds scheduled for December 22, 2025 [6].

KØBENHAVN, Danmark, 17. december 2025 – Bavarian Nordic offentliggjorde i dag, at bestyrelsen, efter den nylige udnævnelse af Anne Louise Eberhard som ny formand for bestyrelsen og i overensstemmelse med selskabets vedtægter, har konstitueret sig og udnævnt Heidi Hunter som ny næstformand. Heidi Hunter har været medlem af bestyrelsen siden 2023. Hun har mere end 25 års erfaring i branchen og har arbejdet på tværs af den farmaceutiske værdikæde – fra klinisk og kommerciel udvikling til lancering. Hun har tid ...

This global miner extracts gold and platinum group metals, leveraging integrated operations and recycling across multiple continents.What happenedAccording to a December 15, 2025, SEC filing, FNY Investment Advisers, LLC initiated a new position in Sibanye Stillwater (SBSW +0.88%), acquiring 429,100 shares. The estimated transaction value is $4.82 million, calculated using the average closing price for the quarter. The quarter-end value of the new stake was $4.82 million, reflecting the creation of the posi ...

Britain's competition regulator has cleared the proposed 1.2-billion-pound ($1.61 billion) merger between convenience food manufacturers Greencore and Bakkavor on Wednesday, scrapping an in-depth probe into the companies. ...

Core Insights - The article discusses the author's transition from being an investment advisor to focusing solely on personal investments while writing on financial topics [1]. Group 1 - The author has experience as an investment advisor and has owned several businesses [1]. - Currently, the author invests only for personal purposes [1]. - The author continues to write on various financial and economic topics [1].

Sam Altman-led OpenAI is reportedly in talks with Amazon.com Inc. (NASDAQ:AMZN) about a potential investment that could exceed $10 billion and a deal to use its artificial intelligence (AI) chips. The news was first reported by The Information on Tuesday and later by several news outlets, including CNBC and Reuters. OpenAI and Amazon did not immediately respond to Benzinga‘s requests for comment. OpenAI Diversifies Deals As AI Race Heats UpThe move follows OpenAI’s recent restructuring and its expanded capa ...

Most AI companies sell tools. Palantir is selling something more.Most companies building artificial intelligence (AI) today sell tools. Some sell models. Others sell dashboards, copilots, or analytics layers. Palantir Technologies (PLTR +2.60%) is doing something different -- and arguably more ambitious.Rather than selling AI features, Palantir is positioning itself as a control layer for enterprise AI. That distinction matters because in large organizations, intelligence alone isn't the bottleneck. Control ...

Core Insights - Shopify has shown strong stock performance and impressive growth rates, with potential for further increases if consumer spending remains robust [1] - The company's digital ecosystem provides a competitive advantage over other e-commerce platforms, which could drive stock performance in the future [1] Business Model - Shopify's business model is akin to Costco's, where customers pay annual subscriptions to access various services and resources [3][4] - The merchant solutions revenue stream is crucial, with a 38% year-over-year growth reported in Q3 2025, indicating the importance of this segment over mere subscription growth [6] Customer Base and Retention - Shopify's customer base includes small businesses and large enterprises, which have deeper budgets, making them less sensitive to economic fluctuations [6] - Significant switching costs help Shopify retain customers, with merchant sales growth reliant on high consumer spending and business investments [7] International Expansion - The majority of Shopify's growth has been in the U.S., but there is substantial untapped potential in international markets [8] - A 42% increase in European gross merchandise volume in Q2 highlights the potential for international revenue growth through attracting more businesses and boosting international sales [9] Valuation Concerns - Shopify's current valuation is high, trading at nearly 20 times sales and a forward P/E ratio above 80, which is significantly higher than the average for software applications [10] - While high revenue growth is expected to continue, any slowdown in consumer spending or interest rate hikes could negatively impact the stock's outlook [11]