The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.51% to 3,595.63 points, the Tel Aviv 125 Index fell 0.69% to 3,606.96 points; and the BlueTech Global Index fell 0.90% to 600.38 points. The All Bond corporate bond index rose 0.06% to 417.88 points. Turnover totalled NIS 3.62 billion in equities and NIS 3.22 billion in bonds. On the foreign exchange market, the representative shekel-dollar rate was set 0.219% higher from Friday, at NIS 3.209/$, and the representative shekel-euro rate wa ...

Core Insights - Quantum Computing Inc. (QCi) has signed a Stock Purchase Agreement to acquire Luminar Semiconductor, Inc. (LSI) for $110 million in an all-cash transaction, which is subject to customary adjustments [1][2] - The acquisition will enhance QCi's technology roadmap by integrating LSI's photonic components, patents, and experienced workforce, thereby accelerating the development of compact, fully-integrated quantum systems for commercial use [2][3] - The deal is expected to create dual revenue opportunities: expanding LSI's existing non-quantum customer base and leveraging LSI's technology to commercialize quantum appliances in targeted markets [3] Company Overview - QCi specializes in quantum optics and integrated photonics technology, providing accessible quantum machines and foundry services for photonic chip production [4] - The company aims to operate its products at room temperature and low power, focusing on high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [4] Transaction Details - LSI, a subsidiary of Luminar Technologies, is not a debtor in Luminar's ongoing Chapter 11 bankruptcy proceedings, and the transaction will require bankruptcy court approval under a Section 363 sale process [3] - QCi has agreed to be the proposed stalking horse bidder for LSI, which includes customary bid protections [3] - The parties anticipate closing the transaction by the end of January 2026, pending the satisfaction of customary closing conditions [3]

The year 2025 began with post-election optimism and expectations of a strong first quarter. Instead, markets were hit by the rise of low-cost AI initiatives from China, and its adverse impact on the U.S. Big Tech, Trump tariffs, sticky inflation, and persistently high interest rates. Stabilization in the market returned in the month of May after a tariff-led, turbulent April.Market euphoria started to solidify from midyear, thanks to easing trade tensions. There have been three Fed rate cuts this year, with ...

Core Insights - The discussion focuses on the performance of the Top 10 stocks for 2025, highlighting the effectiveness of a quantitative (Quant) investment strategy that combines fundamental analysis with algorithmic processing to identify strong investment opportunities. Group 1: Quantitative Investment Strategy - The Quant system utilizes mathematical algorithms to identify investment opportunities, reflecting the work of traditional fundamental analysts while covering a broader range of stocks [10][12]. - The GARP (Growth At a Reasonable Price) strategy is emphasized, focusing on companies that exhibit strong value, profitability, growth, momentum, and analyst EPS revisions [10][11]. - The Quant system has shown significant performance, with a five-year return of 228% compared to Wall Street Strong Buys at 32% and the S&P 500 at 65% [14]. Group 2: Market Recap and Sentiment Analysis - The year 2025 has been characterized by volatility, with the CNN Fear & Greed Index showing sharp movements between extreme greed and fear, influenced by trade policy changes, labor data, and economic uncertainties [16][18]. - Key catalysts affecting market sentiment include U.S.-China trade disputes, conflicting labor data, a credit downgrade, and concerns over tech valuations and the AI bubble [17][18]. - The market has seen a rotation towards safe-haven assets like gold and consumer staples during periods of fear, while technology and cryptocurrency sectors have experienced risk-on sentiment [20][21]. Group 3: Performance of Top Stocks - The Top 10 stocks for 2025 have collectively outperformed the S&P 500, with an average return of 45.68% since January 9, compared to the S&P's 17.6% [43]. - Notable performers include Credo Technology, up 116%, and Celestica, up 240%, both benefiting from strong demand in AI-related sectors [55][60]. - The performance of stocks can fluctuate significantly due to market sentiment, with strong fundamentals often overlooked during periods of fear, leading to substantial upside potential when sentiment shifts back to fundamentals [44][46]. Group 4: Economic Indicators and Future Outlook - Economic data has been mixed, with the Federal Reserve cutting rates three times in the latter half of the year due to labor market concerns and inflation remaining sticky [31][32]. - Major brokerage firms have reduced recession odds following a truce in trade disputes, indicating a potential stabilization in market conditions [32]. - The upcoming Top 10 stocks for 2026 will be announced on January 6, with expectations that the market may present buying opportunities during any pullbacks [30].

Micron Technology - Wedbush has raised its price target for Micron to 300, indicating further upside potential from its current price just below 250 [2][3] - Micron's shares have increased by over 3% following this positive outlook, with expectations for fiscal Q2 to benefit from sharper-than-expected increases in memory pricing [3][6] - Forecasts suggest DRAM prices will rise at least 30% and NAND prices at least 20% in the current quarter, with Micron's own guidance potentially being understated [4][5] Texas Instruments - Goldman Sachs has downgraded Texas Instruments from a buy to a sell, slashing its price target from 200 to 156 [8][9] - The downgrade is part of Goldman's broader outlook for the semiconductor sector, indicating that Texas Instruments may not benefit from increasing hyperscale or AI spending [9] - Texas Instruments has experienced a 6% decline in shares year-to-date, reflecting lackluster performance [10] Intel - Intel is reportedly in advanced talks to acquire AI chip startup Samba Nova, which could enhance its competitive positioning against Nvidia [12][13] - Despite the acquisition news, Intel's shares are moving higher, indicating market confidence in the deal [12][13] - Samba Nova specializes in custom AI chips and was founded in 2017, presenting a strategic opportunity for Intel to strengthen its AI platform [13]

This week's market focus will be on US economic news. Later today, the Dec NAHB housing market index is expected to increase by +1 to 39. On Tuesday, Nov nonfarm payrolls are expected to increase by +50,000, and the Nov unemployment rate is expected to be at 4.5%. Meanwhile, Nov average hourly earnings are expected to rise by +0.3% m/m and +3.6% y/y. Also, on Tuesday, Oct retail sales are expected to be up +0.1% m/m, and Oct retail sales ex-autos are expected to be up +0.2% m/m. Finally, on Tuesday, the Dec ...

红星资本局12月15日消息，今日，国产GPU"四小龙"之一的壁仞科技获得中国证监会境外发行上市及境内未上市股份"全流通"备案通知书。 图据中国证监会网站 根据备案通知书，壁仞科技拟发行不超过3.72亿股境外上市普通股，并在香港联合交易所上市；57名股东拟将所持合计8.73亿股境内未上市股份转为境外上 市股份，并在香港联合交易所上市流通。 公开资料显示，壁仞科技成立于2019年，致力于研发高性能通用GPU，打造自主原创的GPU软硬件体系。其中壁砺系列多款产品已在多地智算中心落地。截 至目前，壁仞科技在全球多个国家和地区累计申请专利超1200项，获得专利授权430余项。 红星新闻记者俞瑶 符小茵 编辑 肖世清 审核 任志江 ...

以下文章来源于暗涌Waves ，作者暗涌 暗涌Waves . 钱的流向，人的沉浮。36氪旗下投资报道账号。 豪华股东阵容迅速集结。 文 ｜ 陈之琰 来源｜ 暗涌Waves（ID：waves36kr） 封面来源 ｜ IC Photo "暗涌Waves"独家获悉， AI芯片 及系统架构研发商"昉擎科技"Pre-A轮融资于近日完成交割，产业投资人包括某互联网大厂、芯 联资本以及恒生电子旗下产业基金翌马资本，财务投资人包括广发信德、某头部VC机构等 ，老股东临港科创投、三七互娱也同 时进行超额加注。Pre-A轮具体融资金额与估值未透露。 这已经是近半年内昉擎科技完成的第三轮融资。历史投资人包括：小米战投、蔚来资本、明势创投、临港科创投、华业天成、高 捷资本、三七互娱、新智认知、达武创投等产业及财务机构。 据"暗涌Waves"了解，近期融资金额已超5亿元人民币。 筹集的资 金将用于核心技术研发、产品化，以及生态及市场拓展。 昉擎科技成立于2022年底，注册地位于上海自贸区临港片区。 2024年8月，前寒武纪CTO、前华为海思麒麟SoC首席架构师梁军 加入昉擎科技，出任CEO。 进而，昉擎科技提出了一种新技术方向："上下 ...

TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, all the major asset classes posted positive returns except fixed income assets outside the US. The strategy returned 4.00% (gross) and 3.78% (net) compared to a 2.78% return for the Russell Midcap Growth Index. In addition, please check the fund’s top five holdings to know its best picks in 20 ...

Core Viewpoint - The Nasdaq-100 Index is undergoing its annual reconstitution, adding six new companies and removing six others, effective December 22 [1]. Group 1: Companies Added to the Index - The six companies being added to the Nasdaq-100 Index are Alnylam Pharmaceuticals, Ferrovial SE, Insmed Inc., Monolithic Power Systems, Seagate Technology Holdings, and Western Digital Corp [2]. Group 2: Companies Removed from the Index - The six companies being removed from the index include Biogen Inc., CDW Corporation, GlobalFoundries Inc., Lululemon Athletica Inc., ON Semiconductor Corporation, and The Trade Desk, Inc [3]. Group 3: Performance of Newly Added Companies - Seagate Technology Holdings and Western Digital Corp. have seen significant stock price increases due to rising demand for storage products driven by the AI boom, with Seagate's stock up 232.96% and Western Digital's up 277.04% year-to-date [3]. - Alnylam Pharmaceuticals reported an adjusted earnings of $2.90 per share in Q3, a turnaround from a loss of $0.50 a year ago, with quarterly sales increasing by 149% year-over-year to $1.25 billion, surpassing the consensus estimate of $977.79 million; the stock has surged 70.17% year-to-date [4]. Group 4: Performance of Removed Companies - Lululemon Athletica Inc. has experienced a stock decline of 44.95% year-to-date, despite reporting a solid Q3 earnings beat and raising its full-year forecast; the company saw a 2% dip in North American revenue but strong international growth with a 33% increase in revenue and 18% rise in comparable sales [6]. Group 5: Related Market Movements - Walmart missed inclusion in the Nasdaq-100 due to a late switch to Nasdaq, moving from the New York Stock Exchange after the qualification deadline [5]. - The Nasdaq reconstitution follows the S&P 500's quarterly rebalance, with Carvana, CRH Plc, and Comfort Systems USA set to join the S&P 500, while LKQ Corp, Solstice Advanced Materials, and Mohawk Industries are being removed [7].