Market Outlook - Ryan Detrick of Carson Group expresses a bullish outlook for 2026, noting that the final trading day of the year has closed lower for five consecutive years, a historical first [1] - Despite stretched US valuations, similar concerns were present a year ago, and Detrick describes the current environment as a global bull market with attractive opportunities in international regions, particularly emerging markets [1] - Emerging markets are trading at levels seen during their 2007 peak, indicating significant potential upside compared to the more expensive US market [1] International Market Performance - In 2025, international markets, especially Europe, outperformed the US by nearly 40%, marking the largest margin in two decades [2] - Detrick believes this global re-acceleration signifies a real recovery, advising portfolio managers to adopt a diversified international approach [2] Bull Market Duration - The current US bull market is entering its fourth year, with historical data suggesting an average remaining duration of eight years once a bull market reaches this age [2] - The shortest duration recorded for a bull market at this stage is five years, providing confidence in the ongoing bull market [2] Stock Recommendations - Bitmine Immersion Technologies Inc. (NYSEAMERICAN:BMNR) is highlighted as a buzzing stock, with an average three-month volume of 44.494 million and 20 hedge fund holders [7] - Cantor Fitzgerald initiated coverage of Bitmine Immersion with an Overweight rating and a $39 price target, citing its competitive edge in digital asset treasuries and strong stock liquidity [8] - In FQ4 2025, Bitmine reported a net income of $328.2 million, resulting in a fully diluted EPS of $13.39, supported by a group of high-profile institutional investors [9] Bitmine's Strategic Initiatives - A key part of Bitmine's 2026 strategy is the launch of the Made-in-America Validator Network/MAVAN, aimed at providing safe, high-yield staking for ETH assets [10] - The company has initiated a pilot program with three top staking providers to test performance and plans to scale MAVAN with world-class infrastructure partners, expecting full operations to commence in FQ1 2026 [10] SoundHound AI Inc. Overview - SoundHound AI Inc. (NASDAQ:SOUN) has an average three-month volume of 32.586 million and 22 hedge fund holders [12] - Piper Sandler lowered its price target on SoundHound to $11 while maintaining a Neutral rating, based on updated projections from the latest 10-Q filings [12] - Cantor Fitzgerald upgraded SoundHound to Overweight with a price target of $15, highlighting the company's effective strategy in cross-selling and upselling AI voice services [13] SoundHound's Partnerships and Innovations - SoundHound announced a partnership with OpenTable to launch a conversational in-vehicle voice AI reservations agent, enhancing its in-car voice commerce platform [14] - This integration allows users to book tables at over 60,000 restaurants using natural language commands, improving user experience while driving [14] - SoundHound develops independent voice AI solutions for various industries, including automotive, TV, IoT, and customer service, across multiple countries [15]