Eksentricity

Tech

AI’s Impact on Tech Giants

• Broadcom’s AI Revenue Growth: Broadcom’s Q4 2024 results showed a threefold year-over-year increase in AI revenue, reaching $14.1 billion, driven by custom chip development for major cloud providers. This surge caused a significant jump in AVGO’s stock price.
• Nvidia’s Market Position and Potential Bottom: Despite recent volatility and a potential bottom around $127, Nvidia’s stock boasts a 170.69% year-to-date gain due to AI demand. Q3 revenue surged 94% year-over-year, reaching $35.1 billion, indicating strong market leadership.
• Microsoft’s Massive AI Chip Investment: Microsoft’s acquisition of nearly 485,000 NVIDIA Hopper AI chips highlights the intense competition and substantial investment in AI infrastructure among tech giants.
• AI’s Energy Consumption Challenge: The rising energy demands of AI are prompting tech giants to explore diverse energy sources, including nuclear power, to sustain their operations.

Global Semiconductor Market Dynamics

• Kioxia’s Successful IPO (Japan): Japanese memory chip maker Kioxia’s IPO raised over ¥120 billion ($800 million), debuting at a 10% premium. However, further share issuance is needed to meet Tokyo Stock Exchange requirements.
• SEALSQ’s Funding for Post-Quantum Technology (US): SEALSQ secured $25 million to develop post-quantum semiconductor technology, reflecting investment in future-proof technologies.

Cryptocurrency and Decentralized Finance (DeFi)

• Bitcoin DeFi Growth and Partnerships: The partnership between MoonPay and Element Wallet expands CORE token accessibility, boosting Bitcoin DeFi adoption. Over 6,700 BTC are staked on Core’s platform, indicating significant growth within the Bitcoin DeFi ecosystem.

Mergers, Acquisitions, and Funding

• Bitfarms’ Merger and ATM Offering (US): Bitfarms is pursuing a merger with Stronghold Digital Mining and has raised approximately US$288 million through its ATM program. US$87 million remains available.

Market Trends and Emerging Technologies

• Autonomous Vehicle Market Expansion: The self-driving car market is projected to grow significantly, driven by technological advancements, supportive policies, and consumer demand.
• Social Networking Market Growth: The global social networking market is expected to experience substantial growth, fueled by increased internet penetration and social media advertising. However, challenges remain regarding data security and privacy.
• Other Notable Developments: This section includes updates on companies like Palantir, Samsung, Unifiedpost Group, WISeKey, Grubhub, Ekspress Grupp, and Gravity Game Hub, showcasing diverse trends within the tech sector.

Finance

Securities Class Action Lawsuits

• ASPI Lawsuit: A class-action lawsuit against ASP Isotopes Inc. (ASPI) alleges false statements regarding its enrichment technology and uranium facility between October 30 and November 26, 2024. Investors have until February 3, 2025, to apply as lead plaintiff.
• DMC Global (BOOM) Lawsuit: Rosen Law Firm filed a class action against DMC Global Inc. (BOOM) from May 3 to November 4, 2024, alleging false statements about goodwill and inadequate internal systems. The lead plaintiff deadline is February 4, 2025.
• Marqeta (MQ) Lawsuits: Several firms filed class actions against Marqeta, Inc. (MQ) between May 7 and November 4, 2024, alleging understatements of regulatory challenges. The lead plaintiff deadline is February 7, 2025.
• Other US Class Actions: Numerous lawsuits targeted various US companies, alleging misrepresentation and non-disclosure. Lead plaintiff deadlines range from January 10 to February 14, 2025.

Fund Performance and Distributions

• Cohen & Steers Distributions: Cohen & Steers reported December 2024 and year-to-date distributions for its REIT and income funds. Year-to-date returns ranged from 13.45% to 21.46%, with cumulative distribution rates from 6.70% to 7.62%.
• Purpose Investments Distributions: Purpose Investments announced December 2024 distributions for its open-end and closed-end ETFs, ranging from $0.01 to $0.75 per share.

Corporate Actions

• Share Repurchases: Several companies, including Norwood Financial Corp., Golden Ocean Group (Limited), Endeavour Mining plc, PayPoint plc, ICG Enterprise Trust plc, and Norsk Hydro ASA, announced share buyback programs.
• Public Offerings: Norwood Financial Corp. priced a $26 million public offering (potential for $30 million), Inotiv, Inc. a $25.5 million offering (potential for $29.3 million), and Perma-Fix Environmental Services a $22 million offering (potential for $25.3 million).
• Mergers and Acquisitions: AI Unlimited Group Inc. will acquire BeyondTrade Securities for $2.95 per share. First Commonwealth Financial Corporation will merge with CenterGroup Financial, Inc.

Notable Investment Strategies

• Pershing Square Holdings: Bill Ackman’s Pershing Square holds over 45% of its $13.4 billion portfolio in Alphabet (16.5%), Brookfield (14.4%), and Hilton (14%), focusing on long-term value creation.
• Ark Invest Activity: Cathie Wood’s Ark Invest sold Coinbase and Shopify shares while buying shares in Futu Holdings, Tempus AI, and Pacific Biosciences.

Regulatory Actions and Market Overview

• TD Bank Fine and Lawsuits: The Toronto-Dominion Bank (TD) faces class-action lawsuits following a $3.09 billion fine for Bank Secrecy Act and money laundering violations. The DOJ found TD Bank failed to automatically monitor 92% of its transactions ($18.3 trillion).
• Cryptocurrency Regulatory Issues: Bybit suspended crypto operations in France, and Immutable received an SEC Wells Notice regarding IMX token sales. Debate continues around MicroStrategy’s Bitcoin holdings.
• Mixed Market Sentiment: Market sentiment is mixed, with concerns about narrow market breadth, speculative options trading, and slower-than-expected Fed rate cuts in 2025.

US Interest Rates and Inflation

• Federal Reserve Rate Cut: The Federal Reserve cut interest rates by 0.25% in December 2024, to 4.25%-4.5%, but projected only two more cuts in 2025, impacting market sentiment.
• Inflationary Pressures: Persistent inflation and strong labor market data influenced the Fed’s decision, limiting the scope for further rate cuts. November retail sales exceeding expectations further fueled inflation concerns.

Healthcare

Legal Disputes and Investigations

• US Class Action Lawsuits: Several US-based biopharmaceutical companies faced class-action lawsuits. Cassava Sciences, following negative Phase 3 trial results for simufilam, saw an 83.76% stock price drop (from $26.48 to $4.30). BioAge Labs experienced a 76%+ stock decline after a Phase 2 trial discontinuation due to safety concerns with azelaprag. Applied Therapeutics also faced a lawsuit concerning govorestat, experiencing over 80% stock price decline after FDA rejection and dosing errors.
• Securities Law Violations Investigations: Investigations into potential securities law violations were launched against several companies including BioAge Labs, prompting further market uncertainty and investor concern. The investigations follow significant stock price drops after setbacks in clinical trials.
• Investor Deadlines: Investors impacted by these legal actions have specific deadlines to file claims. Cassava Sciences investors had until February 10, 2025, and Applied Therapeutics investors have until February 18, 2025 to apply for lead plaintiff status.
• Impact on Shareholder Value: The legal actions and investigations have significantly reduced investor confidence, impacting shareholder value. This underscores the importance of transparency and accurate reporting in pharmaceutical development.

Drug Development and Market Competition

• Weight Loss Drug Competition: Eli Lilly’s Zepbound outperformed Novo Nordisk’s Wegovy in a head-to-head study, with users losing over 20% of their body weight versus under 14% with Wegovy. The global anti-obesity drug market is projected to exceed $100 billion by 2030.
• Allergy Treatment Development: Polyrizon Ltd. partnered with Eurofins CDMO for clinical trial material for its PL-14 allergy blocker, aiming for clinical trials in 2025. This collaboration marks a significant step forward for developing a new intranasal allergy treatment.
• Roche’s Diagnostic Technology: Roche received CE mark approval for its cobas Mass Spec solution, an automated mass spectrometry system for clinical labs. This system offers assays for over 60 analytes.
• Inflammatory Bowel Disease Treatment: Positive Phase 2b results from Sanofi and Teva for duvakitug in treating ulcerative colitis and Crohn’s disease boosted both companies’ share prices.

Company Performance and Financial Strategies

• Eli Lilly’s Shareholder Returns: Eli Lilly announced a 15% dividend increase (seventh consecutive year) and a $15 billion share buyback program, reflecting strong financial performance. The new quarterly dividend of $1.50 per share is 167% higher than in 2018, with a payout ratio of 54% of earnings.
• MannKind’s Debt Reduction: MannKind Corporation reduced its debt by 84% ($193.7 million) by repurchasing convertible senior notes. This involved issuing 26,749,559 shares and paying $89.2 million in cash, leading to a $4.9 million reduction in annual interest expenses.
• Novo Nordisk’s Capacity Expansion: Novo Nordisk acquired three manufacturing sites from Novo Holdings to expand production capacity.
• McKesson’s Oncology Investment: McKesson acquired a 70% stake in Core Ventures, expanding its oncology platform.

Market Growth and Projections

• Medical Ventilator Market Growth: The global medical ventilator market, valued at $1.9 billion in 2024, is projected to reach $4.8 billion by 2034 (9.9% CAGR). The US is expected to hold 44.5% of the North American market share in 2024.
• Confocal Microscope Market Growth: The global confocal microscope market, at $1.3 billion in 2024, is projected to reach $1.8 billion by 2034 (3.3% CAGR). North America is expected to account for 32.1% of the market by 2034.

Mergers and Acquisitions Activity

• Cara Therapeutics and Tvardi Merger: Cara Therapeutics and Tvardi Therapeutics merged, with Tvardi investors holding approximately 83% of the combined entity. The deal included Tvardi’s $28 million private financing.

Strategic Partnerships and Licensing Deals

• Merck Licenses Weight Loss Drug: Merck licensed HS-10535, an oral GLP-1 receptor agonist from Hansoh Pharma for up to $2 billion, aiming for a position in the weight loss market.

Economy & Real estate

European Real Estate Activity

• VGP’s Pan-European Logistics Investments: VGP NV and AREIM formed a joint venture, investing €120 million in four logistics buildings across Europe. This brings the venture’s total to €1.5 billion, with VGP’s share at €88 million, expanding their Gross Asset Value to €7.4 billion.
• Eurocastle’s Southern European Fund: Eurocastle Investment launched a Luxembourg-based fund targeting €100 million in opportunistic real estate in Southern Europe. The fund’s initial €10 million investment secured a retail complex in Athens, Greece.
• European Market Trends: The European real estate market shows mixed signals. While significant investments are being made in logistics and select retail, overall market trends require further observation to assess the full impact of recent economic conditions.

US REIT Market Performance

• REIT Industry Performance: The REIT industry demonstrates strong performance, particularly in data centers and healthcare. Office leasing is improving for premium properties, while the industrial and logistics sector thrives due to e-commerce growth. Recent interest rate cuts have boosted attractiveness.
• REIT Valuation and Returns: The Zacks REIT industry has a strong rank (#81), but its year-over-year performance lags the S&P 500 (1.4% vs 28.6%). Its forward P/FFO is 15.68X, lower than the S&P 500’s P/E of 22.66X.
• High-Performing REITs: American Healthcare REIT shows exceptional growth (17% same-store NOI growth in Q3 2024). Welltower and Highwoods Properties are also strong performers.

Global Inflation and Interest Rates

• UK Inflation and Interest Rates: UK inflation climbed to 2.6% in November (from 2.3% in October), with core inflation at 3.5%. Strong wage growth (5.2%) and energy prices are contributing factors, making a December interest rate cut unlikely.

US Housing Market Dynamics

• Mortgage Rates and Demand: US mortgage demand slightly decreased last week (0.7%), with 30-year fixed rates reaching 6.75%. Purchase applications increased by 1% week-over-week, exceeding last year’s levels by 6%.
• Housing Construction Activity: November housing starts were lower than projected (1.29 million vs 1.34 million), but building permits surpassed expectations (1.505 million vs 1.43 million), suggesting future growth potential.
• US Salary Budgets: US companies plan to maintain salary increase budgets at 3.7% in 2025, similar to 2024, suggesting a stable labor market.

US Commercial Real Estate Acquisitions and Homebuilder Performance

• Significant Office Property Acquisitions: Cousins Properties’ acquisitions of high-quality office properties in Austin, TX ($521.8M) and Charlotte ($328.5M) demonstrate strong investor confidence.
• Homebuilder Stock Performance: Comfort Systems USA and Sterling Infrastructure outperformed the Construction sector, while Lennar missed earnings estimates. PulteGroup and D.R. Horton show strong 10- and 5-year returns, respectively, while AMREP Corporation underperformed.

US Economic Indicators

• Record US Current Account Deficit: The US current account deficit reached a record high of -$310.95 billion in Q3 2024, raising concerns about future government spending.

Retail

Apparel Retail Performance

• Journeys Group’s Strong Growth: Genesco’s Journeys division thrived due to product innovation, marketing, loyalty programs, and a strong digital presence. EPS is projected to increase by 44.6% this year, exceeding expectations by an average of 36.9% over the past four quarters.
• Gap’s Revitalization Efforts: Gap is investing in product innovation, consumer insights, technology, and digital channels to enhance the shopping experience. Sales are projected to increase by 0.8% and EPS by 41.3% this year, with a 101.2% average earnings surprise.
• Urban Outfitters’ Diversification: Urban Outfitters demonstrated strong sales across its brands (Anthropologie and Free People) and benefited from Nuuly’s rapid expansion. Sales and EPS are expected to rise by 6.6% and 19.7%, respectively, with a 22.8% average earnings surprise.
• Abercrombie & Fitch’s Global Strategy: Abercrombie & Fitch is enhancing its digital and physical channels, boosting brand visibility, and introducing innovative products. Sales and EPS are projected to increase by 14.9% and 69%, respectively, and exceeding expectations by 28% on average.

Consumer Spending and Retail Sales

• November Sales Surge: U.S. retail sales jumped 0.7% in November, exceeding expectations, driven by strong vehicle and online sales. Year-over-year growth reached 3.8%, indicating a healthy consumer sector.
• Positive Holiday Outlook: Easing inflation, improved purchasing power, and potential Federal Reserve rate cuts are boosting consumer confidence and the retail outlook.

Retail Innovation and Strategies

• Digital Engagement Strategies: Kia’s TikTok car configurator and Bango’s partnership with Continente (Portugal) showcase innovative customer engagement strategies through social media and subscription bundles. These efforts aim to boost customer loyalty.

Company Performance and Stock Analysis

• Mixed Company Results: Lululemon’s stock declined 4.74%, while Birkenstock exceeded Q4 expectations ($500.9M revenue) but received a Zacks Rank #5 (Strong Sell). Oxford Industries missed Q4 estimates, resulting in a Zacks Rank #5. Costco reached $1000/share but shows a high P/E ratio (58). General Mills beat Q2 but lowered its outlook, receiving a Zacks Rank #3 (Hold). Ross Stores and TJX Companies show mixed results with Zacks Rank #3 (Hold). Walmart continues to grow (78% YTD gain), receiving a Zacks Rank #3. On Holding shows strong growth but has a premium valuation (Zacks Value Style Score F) and a Zacks Rank #3. Abercrombie & Fitch and The RealReal have Zacks Ranks of #1 (Strong Buy) and #2 (Buy), respectively, showing exceptional growth.

International Retail Developments

• Global Expansion: Trip.com Group’s Global Partner Summit in Abu Dhabi highlights its international growth and partnerships. Planet 13 Holdings expands into Florida’s cannabis market. Kornit Digital partners with 500 LEVEL (sports apparel) showcasing on-demand digital printing. Alliance Entertainment acquired Handmade by Robots (collectibles).

Other Retail News and Trends

• Diverse Retail Trends: Holiday decor sales show mixed results, while Dickey’s Barbecue highlights franchising challenges. Sonoco sold its packaging business for $1.8 billion. Other news includes MiniLuxe stock options, a Chipotle lawsuit, Crown Royal’s campaign, Maritime Fun Group’s expansion, Broad Arrow’s collector car success, The Hemp Doctor’s store opening, and Children’s Place’s Q4 sales.

Infrastructure

Renewable Energy Growth

• Philippines Wind Power Project: Envision Energy secured a 344.5 MW wind turbine supply contract for the Quezon North Wind project in the Philippines, partnering again with ACEN. Utilizing 150-meter towers and intelligent controls, this significantly expands Philippine renewable energy.
• German Electric Bus Expansion: IVECO BUS won a €235 million contract to supply up to 580 buses in Germany, including 250 electric vehicles. This is IVECO’s largest German electric bus tender, reflecting increased demand for sustainable public transport.
• UK Offshore Wind Farm Consolidation: Equinor and partners plan to merge the Sheringham Shoal and Dudgeon offshore wind farm projects in the UK, adding 719 MW of capacity. This merger aims to boost efficiency and power nearly 1.5 million homes.

U.S. Infrastructure Spending & Investment

• Trillion-Dollar Infrastructure Bill: The U.S. Congress passed nearly $1 trillion in infrastructure spending. This addresses the significant need for infrastructure improvements, as highlighted by the American Society of Civil Engineers’ 2021 C- grade.
• Construction Sector Recovery: The U.S. construction sector is rebounding, fueled by Fed rate cuts, stabilized mortgage rates, and government spending. Public construction spending increased by 9.8% year-over-year (October 2024).
• Infrastructure ETF Performance: The Global X U.S. Infrastructure Development ETF (PAVE) shows strong performance, with annualized returns of 36.4% (one-year), 18.3% (three-year), 21.3% (five-year), and 15% since inception (March 2017).

Private Aviation Industry

• Vista Global Anniversary: Vista Global, a global private aviation group, celebrated its 20th anniversary, showcasing its operational excellence and safety record. The company employs over 4,000 professionals across 60 nationalities.

U.S. Water Infrastructure Needs

• Water Infrastructure Investment Gap: The U.S. needs $963 billion over 20 years to upgrade its aging water infrastructure, according to the American Society of Civil Engineers. The Bipartisan Infrastructure Law allocated $50 billion for improvements.

Global Infrastructure Projects

• Emerging Market Opportunities: Increased investment in global infrastructure projects presents opportunities across various sectors, though specific details require further analysis for individual projects.

Commodities

Uranium Developments (Canada & USA)

• Marketing Agreement: Global Uranium Corp. extended its marketing services agreement for an additional 45 days, investing an extra USD $500,000 (plus GST). This covers various marketing services for its Saskatchewan (Canada) and Wyoming (USA) projects.
• Private Placement Upsize: Global Uranium Corp. increased its private placement offering from C$1.5 million to C$2.45 million due to high demand. This will fund Canadian exploration, primarily at the Northwest Athabasca Project.

Lithium Extraction (USA)

• Permian Basin Expansion: Volt Lithium Corp. is expanding its Texas Permian Basin operations to process over 2,500 barrels of lithium-infused brine daily. The company has achieved lithium recoveries of up to 98%, producing high-purity lithium carbonate. A new unit will increase capacity to 10,000 barrels daily in January 2025.

Food & Beverage Industry Trends

• Oatly Restructuring (Global): Oatly closed its Singapore facility, incurring $20-$25 million in impairment charges and $25-$30 million in restructuring costs. Future Asia-Pacific growth will leverage European facilities.
• Protein Hydrolysate Market Growth (Global): The global protein hydrolysate market is projected to reach US$6.15 billion by 2034 (5.7% CAGR). North America holds a 25.1% market share in 2024, with the US market expected to reach US$719.2 million by 2034. The global plant protein ingredient market is projected to reach $28.97 billion by 2034.

Energy Sector Developments (Nigeria & Canada)

• VLGC Vessel Sale (Global): Avance Gas Holding Ltd. sold its eleventh VLGC vessel for approximately $22 million and 1.35 million BW LPG shares, increasing its BW LPG ownership to 10.91%.
• Bonga North Oil Project (Nigeria): Shell’s SNEPCo made a final investment decision on the Bonga North deepwater oil project. Targeting 110,000 barrels per day, first oil is expected by the end of the decade, with estimated recoverable resources exceeding 300 million barrels of oil equivalent.
• Canadian Oil & Gas Production: Prospera Energy Inc. reported November production of 686 boe/d (83% oil), increasing to 803 boe/d in early December. The company is progressing a ten-well workover program at a low cost per well and maintains a 12% interest rate on its promissory note.

Cannabis Industry Acquisition (USA)

• Vireo Acquisition & Financing: Vireo Growth Inc. plans to acquire four cannabis operators for approximately $397 million, expanding its presence to seven states. This includes a $75 million equity offering and will result in estimated 2024 pro forma revenue of $394 million and EBITDA of $94 million.

Mining Sector Updates (Serbia & Brazil & Canada)

• Čoka Rakita Gold Project (Serbia): Dundee Precious Metals Inc. announced positive pre-feasibility study results for its Čoka Rakita gold project, showing an average annual gold production of 170,000 ounces over the first 5 years, an after-tax NPV5% of $735 million, and an IRR of 41%.
• Man of War Rare Earths (Brazil): Verde AgriTech Ltd. announced a maiden mineral resource estimate of 1.35 billion tons at its Man of War project. The company plans a spin-off to focus on project development.
• Stella Gold Property Acquisition (Canada): Probe Gold Inc. acquired the Stella Property for 149,066 common shares ($250,000), expanding its holdings near its McKenzie Break property.

Politics

Government Funding & Shutdown

• Bipartisan Funding Deal Reached: A bipartisan agreement extended US government funding until March 14, 2025, averting a shutdown. The $110 billion package included $30 billion in disaster relief for farmers.
• Disaster Relief Allocation: The deal allocated nearly $30 billion to FEMA, over $2 billion to the SBA, and $20 billion for farmers’ disaster relief, plus $10 billion in economic support.
• Republican Opposition & Potential Future Shutdown: Despite the agreement, some Republicans opposed the bill, raising concerns about wasteful spending and increasing the risk of a future shutdown.
• Potential Shutdown Impacts: A shutdown could cause federal employee furloughs and service disruptions, impacting government efficiency.

State-Level Cryptocurrency Initiatives (US)

• Ohio Bitcoin Reserve Act Proposed: House Bill 703 aims to allow Ohio to invest public funds in Bitcoin, granting the Treasurer discretionary power.
• Similar Legislation in Other States: Pennsylvania and Texas introduced similar bills, proposing Bitcoin investments as inflation hedges or through donations. This shows a growing trend in state-level crypto exploration.

USPS Privatization Debate

• Greene’s Privatization Advocacy: Rep. Marjorie Taylor Greene supports USPS privatization due to its $9.5 billion 2024 loss and $80 billion in liabilities. She believes it will improve efficiency.
• Potential Privatization Impacts: Privatization could alter shipping, potentially impacting rural areas and those dependent on affordable mail services. Existing delivery giants could gain influence.
• Biden’s USPS Board Nomination: President Biden’s renomination of Anton Hajjar to the USPS Board highlights the ongoing political battles over the USPS.

Bitcoin and Crypto Policy Outlook (US)

• Lummis’s Bitcoin Act & 2025 Predictions: Senator Lummis sees 2025 as crucial for crypto policy, with President-elect Trump’s crypto advisor potentially pushing for a “Bitcoin Act” creating a federal reserve.
• Estimated Government Bitcoin Holdings: Arkham Intelligence estimates the US government holds approximately $21 billion in Bitcoin, mostly seized assets, which could be incorporated into the reserve.

Congressional Stock Trading (US)

• Representative Kelly’s Trades: Rep. Mike Kelly reported a Union Pacific stock sale worth $15,001-$50,000, part of over $1.39 million in transactions over three years.

Gaetz Ethics Investigation (US)

• Ethics Report Release: The House Ethics Committee voted to release its report on allegations of sexual misconduct and drug use against former Rep. Matt Gaetz. Gaetz denies the allegations.

Stock Picks

US Market Performance

• Broad Market Dip: Major US indices—S&P 500 (-0.4%), Dow Jones (-0.6%), Nasdaq (-0.3%)—declined on Tuesday. Strong November retail sales fueled concerns about delayed Fed rate cuts, impacting investor sentiment. Semiconductor stocks were particularly affected by geopolitical tensions. Dow futures fell approximately 150 points on Wednesday.
• Earnings Variability: Mixed reactions to earnings reports. Worthington Enterprises (WOR) surged 14.4% despite revenue decline due to segment deconsolidation, exceeding expectations. Conversely, HEICO (HEI) dropped 5.7% pre-market, missing revenue projections despite exceeding EPS estimates. Jabil (JBL) saw a 10% increase post strong quarterly results.
• Analyst Actions: Tesla (TSLA) received an Outperform rating from Baird, raising its price target to $480 from $280. Conversely, Raymond James Financial (RJF) was downgraded to Equal-Weight by Wells Fargo, although its price target increased to $169 from $152.

High-Growth Tech

• Nukkleus Acquisition: Nukkleus Inc. (NUKK) skyrocketed 754.68%, closing at $11.88, after acquiring a controlling stake in Star 26 Capital Inc., a significant RIMON (Israeli Iron Dome supplier) investor.
• Quantum Computing Contract: Quantum Computing (QUBT) surged 51.53%, closing at $16.79, securing a NASA contract for data processing.

Oversold Healthcare

• RSI Indicators: Silence Therapeutics (SLN), ModivCare (MODV), and Olema Pharmaceuticals (OLMA) showed RSI values below 30, suggesting oversold conditions. SLN fell 3.4% to $6.51, MODV dropped 11.4% to $14.10, and OLMA decreased 4.7% to $6.14.

AgriTech & Food Prospects

• Growth Potential: Ingredion (INGR) and Tyson Foods (TSN) presented attractive investment opportunities in AgriTech and food innovation. INGR, with a forward P/E of 13.51x, projects 1.3% revenue and 5.5% earnings growth in 2025. TSN, with a forward P/E of 17.03x, projects 0.7% revenue and 17.5% earnings growth in 2025.

High Earnings Yield Stocks

• Value Stock Selection: Pitney Bowes (PBI), Gulfport Energy (GPOR), Kingstone Companies (KINS), NCR Atleos (NATL), and Gilead Sciences (GILD) showed high earnings yields (over 10%), positive earnings growth projections, and high trading volume, indicating value investment potential for 2025. PBI’s 2025 earnings are projected to grow 176% year-over-year.

Global Travel Sector

• Increased Travel: An MMGY report shows 80% of Americans plan vacations in 2025, with average spending at $5,051. Trip.com (TCOM), Royal Caribbean (RCL), Carnival (CCL), and Southwest Airlines (LUV) are expected to benefit. TCOM gained 117.9%, RCL 95.4%, CCL 37.5%, and LUV 11.1% in the past year.