Core Insights - Lightwave Logic and QPICs have signed a memorandum of understanding (MOU) to develop Process Design Kits (PDKs) for photonic quantum circuits, aiming to enhance the commercialization of quantum technology [1][2] Company Overview - Lightwave Logic, Inc. is a technology platform company that utilizes proprietary electro-optic (EO) polymers to transmit data at higher speeds with lower power consumption, suitable for telecommunications and potentially for generative AI applications [4] - QPICs is focused on making photonic integrated circuit fabrication seamless and scalable, facilitating rapid prototyping and custom production runs for innovators in the quantum technology space [5] Collaboration Goals - The partnership aims to accelerate the production timelines for quantum computing customers by allowing them to design custom solutions based on silicon circuits without extensive modifications to existing manufacturing processes [2][3] - Both companies emphasize their shared commitment to disruptive innovation and the strategic advantage of their proximity, which will enhance collaboration efficiency [3] Funding and Infrastructure - QPICs is establishing a leading quantum technology fabrication facility in Boulder, Colorado, supported by over $160 million in funding from the US Department of Commerce's Tech Hub initiative and partnerships with the State of Colorado and New Mexico [5]

Market Overview - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 250 points, down 0.52% to 48,164.83, NASDAQ down 0.37% to 22,971.25, and S&P 500 down 0.56% to 6,778.08 [1] - European shares were lower, with the eurozone's STOXX 600 slipping 0.64%, Spain's IBEX 35 Index down 0.69%, London's FTSE 100 down 0.92%, Germany's DAX 40 down 0.85%, and France's CAC 40 declining 0.40% [5] - Asian markets closed lower, with Japan's Nikkei falling 1.56%, Hong Kong's Hang Seng down 1.54%, China's Shanghai Composite down 1.11%, and India's BSE Sensex down 0.63% [6] Economic Indicators - U.S. retail sales were flat for October compared to September, down from a revised 0.1% gain in the previous month and below market estimates of 0.1% growth [7] - The U.S. economy added 64,000 jobs in November, compared to a loss of 105,000 in the previous month and above market estimates of a 50,000 increase [9] - The U.S. unemployment rate rose to 4.6% in November from 4.3% in the previous month, marking the highest reading since September 2021 [9] - Average hourly earnings rose by 0.1% month-over-month to $36.86 in November, compared to a 0.4% rise in the previous month [9] - U.S. business inventories increased 0.2% month-over-month in September, in line with market estimates [9] - The S&P Global flash composite PMI declined to 53 in December, the lowest reading in six months, down from 54.2 in November [2][9] Commodity Market - In commodity news, oil traded down 2.9% to $55.17, while gold traded up 0.5% at $4,357.00 [4] Company News - SRx Health Solutions Inc shares surged 92% to $0.59 after announcing an agreement to acquire EMJ Crypto Technologies [8] - Rezolve AI PLC shares rose 34% to $3.12 following preliminary December revenue results [8] - Cementos Pacasmayo SAA shares increased 48% to $10.25 after Holcim signed an agreement to purchase 50.01% of the company's owner [8] - Zynex Inc shares dropped 53% to $0.31 after entering Chapter 11 court-supervised financial restructuring [8] - Lightwave Logic Inc shares fell 19% to $3.05 after announcing the pricing of an 11.67 million share common stock offering [8] - Navan Inc shares decreased 17% to $12.21 after reporting third-quarter results [8]

Market Overview - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 250 points, down 0.52% to 48,164.83, NASDAQ down 0.37% to 22,971.25, and S&P 500 down 0.56% to 6,778.08 [1] - European shares were lower, with the eurozone's STOXX 600 slipping 0.64%, Spain's IBEX 35 Index down 0.69%, London's FTSE 100 down 0.92%, Germany's DAX 40 down 0.85%, and France's CAC 40 declining 0.40% [5] - Asian markets closed lower, with Japan's Nikkei down 1.56%, Hong Kong's Hang Seng down 1.54%, China's Shanghai Composite down 1.11%, and India's BSE Sensex down 0.63% [6] Economic Indicators - U.S. retail sales were flat for October compared to September, down from a revised 0.1% gain in the previous month and below market estimates of 0.1% growth [7] - The U.S. economy added 64,000 jobs in November, compared to a loss of 105,000 in the previous month and above market estimates of a 50,000 increase [9] - The U.S. unemployment rate rose to 4.6% in November from 4.3% in the previous month, marking the highest reading since September 2021 [9] - Average hourly earnings for private nonfarm payrolls rose by 0.1% month-over-month to $36.86 in November, compared to a 0.4% rise in the previous month [9] - U.S. business inventories increased 0.2% month-over-month in September, in line with market estimates [9] - The S&P Global flash composite PMI declined to 53 in December, the lowest reading in six months, down from 54.2 in November [2][9] Commodity Market - Oil traded down 2.9% to $55.17, while gold traded up 0.5% at $4,357.00, silver up 0.1% to $63.59, and copper down 1% to $5.3560 [4] Company News - SRx Health Solutions Inc shares surged 92% to $0.59 after announcing an agreement to acquire EMJ Crypto Technologies [8] - Rezolve AI PLC shares rose 34% to $3.12 following preliminary December revenue results [8] - Cementos Pacasmayo SAA shares increased 48% to $10.25 after Holcim signed an agreement to purchase 50.01% of the company's owner [8] - Zynex Inc shares dropped 53% to $0.31 after entering Chapter 11 court-supervised financial restructuring [8] - Lightwave Logic Inc shares fell 19% to $3.05 after announcing the pricing of an 11.67M share common stock offering [8] - Navan Inc shares decreased 17% to $12.21 after reporting third-quarter results [8]

Market Overview - U.S. stock futures are lower, with Dow futures down approximately 0.2% [1] Company-Specific Movements - Lightwave Logic Inc (NASDAQ:LWLG) shares fell 14.5% to $3.22 in pre-market trading following the announcement of a $35 million public offering of common stock [1] - Ascent Solar Technologies, Inc. (NASDAQ:ASTI) shares decreased by 15.1% to $3.54 after a previous increase of 34% on Monday [2] - Fractyl Health Inc (NASDAQ:GUTS) shares dropped 10.4% to $2.00 in pre-market trading [2] - Ready Capital Corp (NYSE:RC) shares fell 9% to $2.12, despite declaring a quarterly cash dividend of $0.01 per share for the quarter ended December 31, 2025 [2] - Cellectis SA (NASDAQ:CLLS) shares declined 8.4% to $4.39 following arbitration results with Servier [2] - Destiny Tech100 Inc (NYSE:DXYZ) shares decreased by 7.4% to $31.59 [2] - Kyverna Therapeutics Inc (NASDAQ:KYTX) shares fell 7.2% to $10.04 after announcing a $100 million offering [2] - Maase Inc (NASDAQ:MAAS) shares dropped 6.3% to $4.16 [2] - Argo Blockchain PLC – ADR (NASDAQ:ARBK) shares fell 6% to $5.32 after an 18% decline on Monday [2] - Canopy Growth Corp (NASDAQ:CGC) shares decreased by 5.4% to $1.57 [2] - Neogen Corp (NASDAQ:NEOG) shares fell 4.5% to $6.54 [2]

Market Overview - U.S. stock futures are lower, with Dow futures down approximately 0.2% [1] Company-Specific Movements - Lightwave Logic Inc (NASDAQ:LWLG) shares fell 14.5% to $3.22 in pre-market trading following the announcement of a $35 million public offering of common stock [1] - Ascent Solar Technologies, Inc. (NASDAQ:ASTI) shares decreased 15.1% to $3.54 after a previous jump of 34% on Monday [2] - Fractyl Health Inc (NASDAQ:GUTS) shares fell 10.4% to $2.00 in pre-market trading [2] - Ready Capital Corp (NYSE:RC) shares dipped 9% to $2.12, despite declaring a quarterly cash dividend of $0.01 per share for the quarter ended December 31, 2025 [2] - Cellectis SA (NASDAQ:CLLS) shares declined 8.4% to $4.39 following arbitration results with Servier [2] - Destiny Tech100 Inc (NYSE:DXYZ) shares decreased 7.4% to $31.59 [2] - Kyverna Therapeutics Inc (NASDAQ:KYTX) shares fell 7.2% to $10.04 after announcing a $100 million offering [2] - Maase Inc (NASDAQ:MAAS) shares dropped 6.3% to $4.16 [2] - Argo Blockchain PLC – ADR (NASDAQ:ARBK) shares fell 6% to $5.32 after an 18% decline on Monday [2] - Canopy Growth Corp (NASDAQ:CGC) shares decreased 5.4% to $1.57 [2] - Neogen Corp (NASDAQ:NEOG) shares fell 4.5% to $6.54 [2]

Group 1: B Riley Financial Inc - B Riley Financial reported earnings of $4.50 per share for the second quarter, a significant improvement from a loss of $14.35 per share in the same period last year [1] - The company's sales surged to $225.302 million, up from $94.885 million year-over-year [1] - Following the earnings report, B Riley Financial shares jumped 25% to $4.65 in pre-market trading [1] Group 2: Other Stocks in Pre-Market Trading - Biodexa Pharmaceuticals PLC-ADR gained 51.4% to $7.24 in pre-market trading [4] - Venus Concept Inc surged 31.1% to $2.19 after a decline of over 10% on Monday [4] - Uniqure NV rose 14.1% to $23.30 after gaining 5% on Monday [4] - Adagio Medical Holdings Inc gained 11.7% to $0.93 after a 15% decline on Monday [4] - Sunrise New Energy Co Ltd rose 10.5% to $0.94 after dipping 11% on Monday [4] - Socket Mobile Inc surged 10.3% to $1.29 in pre-market trading [4] - Rain Enhancement Technologies Holdco Inc shares jumped 10.1% to $6.65 in pre-market trading [4] - Organogenesis Holdings Inc gained 9.3% to $5.29 after announcing a planned Type-B meeting with the FDA [4] - Nektar Therapeutics rose 7.8% to $57.50 in pre-market trading [4] Group 3: Stocks Declining in Pre-Market Trading - Radiopharm Theranostics ADR fell 39.8% to $6.40 after a significant jump of 150% on Monday [4] - Saverone 2014 Ltd – ADR tumbled 37.8% to $2.20 after gaining 18% on Monday [4] - Zynex Inc fell 36.6% to $0.42 after a decline of around 10% on Monday [4] - Immuron Ltd – ADR fell 23.8% to $0.74 after a 5% decline on Monday [4] - iRobot Corp fell 23.2% to $0.90 after dipping 73% on Monday due to filing for Chapter 11 bankruptcy [4] - Envirotech Vehicles Inc dipped 17% to $0.93 in pre-market trading [4] - Aldeyra Therapeutics Inc declined 15.7% to $3.36 following a PDUFA extension for Reproxalap NDA [4] - Ascent Solar Technologies, Inc. dipped 15.1% to $3.54 after a 34% jump on Monday [4] - Lightwave Logic Inc dipped 14.5% to $3.22 after announcing a $35 million public offering [4] - Fractyl Health Inc fell 10.4% to $2.00 in pre-market trading [4]

Core Insights - The MAG7, a group of major tech firms, are transitioning from software platforms to significant industrial players, with their capital expenditures (CAPEX) for AI and infrastructure reaching unprecedented levels [1][2] - This CAPEX surge is expected to reshape the economics of technology stacks and create demand across various sectors, including materials, photonics, and energy storage [1][2] Group 1: MAG7 CAPEX Impact - The MAG7's CAPEX will lead to the construction of larger data centers and an increase in GPU demand, which will alter demand curves across multiple industries [1] - The investment will not only enhance data center capabilities but also drive systemic changes in chip sovereignty and energy resilience [4] Group 2: Opportunities for Smaller Companies - Smaller companies that provide specialized inputs to the MAG7's infrastructure buildout are positioned to benefit significantly, acting as infrastructure multipliers [2] - Companies such as POET, Lightwave Logic, Eos Energy Enterprises, AXT Inc., Arteris, GSI Technology, and SkyWater Technology are highlighted as key players in this ecosystem [2][4] Group 3: Strategic Relevance - The surge in MAG7 CAPEX is expected to accelerate demand for small-cap companies, enhancing their strategic relevance in the AI era [4] - The end result may be a re-ranking of what constitutes infrastructure and which companies are seen as essential enablers of technological advancement [4]

Company Overview - Lightwave Logic, Inc. (NASDAQ:LWLG) specializes in developing electro-optic polymer materials and photonic devices aimed at facilitating high-speed data transfer through fiber-optic networks [2]. Investment Sentiment - Jim Cramer expressed a negative outlook on LWLG, highlighting that the company has "almost no revenues" and has not achieved significant milestones, recommending investors to sell their shares [1]. Comparative Analysis - While acknowledging the potential of LWLG as an investment, it is suggested that certain AI stocks present greater upside potential and lower downside risk, indicating a preference for alternative investment opportunities in the current market [3].

Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - AGM Group Holdings Inc. (AGMH) increased by 185% to $6.36 [3] - AlphaVest Acquisition Corp (ATMV) rose by 77% to $26.80 [3] - Brera Holdings PLC (BREA) saw a 20% increase to $30.00 [3] - Asset Entities Inc. (ASST) gained 18% to $4.54 [3] - 22nd Century Group, Inc. (XXII) also increased by 18% to $2.08 [3] - Millennium Group International Holdings Limited (MGIH) rose by 16% to $2.84 [3] - Robo.ai Inc. (AIIO) increased by 11% to $2.17 [3] - Butterfly Network, Inc. (BFLY) saw a 10% rise to $2.10 [3] - GrafTech International Ltd. (EAF) increased by 9% to $13.91 [3] - Cardlytics, Inc. (CDLX) rose by 8% to $2.99 [3] Premarket Losers - ECD Automotive Design, Inc. (ECDA) decreased by 14% to $3.70 [4] - Champions Oncology, Inc. (CSBR) fell by 8% to $6.11 [4] - Beam Global (BEEM) saw an 8% decline to $2.79 [4] - Fathom Holdings Inc. (FTHM) decreased by 8% to $2.19 [4] - Ventyx Biosciences, Inc. (VTYX) fell by 7% to $2.20 [4] - SciSparc Ltd. (SPRC) decreased by 6% to $4.35 [4] - Lightwave Logic, Inc. (LWLG) fell by 6% to $3.45 [4] - Jasper Therapeutics, Inc. (JSPR) decreased by 6% to $2.43 [4] - StableX Technologies, Inc. (SBLX) fell by 5% to $5.67 [4] - Galecto, Inc. (GLTO) decreased by 5% to $2.70 [4]

Group 1 - The company has reached a definitive agreement to extend the employment term of CEO Yves LeMaitre [1] - CFO and COO Jim Marcelli will retire at the end of the year, prompting the company to initiate a search for his replacement [1] - Lightwave Logic, Inc. is recognized as a leading provider of high-performance electro-optic polymer materials [1]