Launchpad Cadenza Acquisition Corp I, a special-purpose acquisition company (SPAC), also referred to as a “blank check” company, went public on the Nasdaq on December 18, 2025, raising $200 million through its initial public offering (IPO). Launchpad Cadenza Acquisition Corp I priced its IPO at $10.00 per unit and plans to sell 20,000,000 units. According … Read more
The stock price of BigBear AI Holdings Inc.(BBAI) plummeted by 1.8% on Tuesday on the NYSE(New York Stock Exchange). With the prices going as low as $5.81 and resting on the $5.8650 level, the asset has seen one of its dismal days. Nearly 100 million shares of BBAI traded hands on Tuesday alone after the … Read more
CoreWeave, a specialized, GPU-focused cloud computing company that provides high-performance infrastructure, has witnessed $33 billion of value vanish in six weeks following its 3.94% drop today. According to the latest statistics, CoreWeave (CRWV) is now trading at $69.50, with more than 60% down from its June peak. Prominent media reports that CoreWeave’s share-price plunge reflects … Read more
Key Takeaways Tesla will face a potential 30-day suspension of each of its licenses to sell and manufacture cars in California following a court ruling. The administrative law judge ruled that the company’s marketing claims of “Autopilot” and “Full Self-Driving” are misleading and deceptive. “A reasonable consumer likely would believe that a vehicle with Full … Read more
Medline (MDLN), one of the largest manufacturers and distributors of medical supplies, has officially made its highly anticipated debut on the Nasdaq Global Select Market on Wednesday, December 17, 2025. The launch, which marks the transformation of the company into a publicly traded entity, is considered a milestone moment for both the healthcare sector and … Read more
Key Takeaways The South Korean won (KRW) has dropped to its lowest level since April 9, 2025. The won weakened to around 1,482.25 per dollar on Wednesday, reportedly falling at around 0.6%, marking its weakest level in eight months. According to analysts, foreign fund outflows from local stocks and steady dollar demand are key factors … Read more
Key Takeaways US President Donald Trump has announced that he will address the nation on Wednesday night, live from the White House at 9 PM EST. He wrote on Truth Social that 2025 has been a great year for the US, and the best is yet to come. While both Trump’s supporters and opposers are … Read more
Key Takeaways In a rather contrary scenario, after Tuesday’s reveal of the US job market report, the stock futures slipped. Traders seem to be approaching the market cautiously, as many industry experts have warned against the credibility of the report. The US job market report recorded 64,000 job additions. But rather disappointingly, the unemployment rate … Read more
Key Takeaways The Bank of Canada (BoC) has asserted that it will only approve future Canadian dollar-backed stablecoins if they are backed by high-quality liquid assets and pegged one-to-one to a central bank-issued currency. The recommendation comes after Prime Minister Mark Carney’s government announced last month in its budget report that it would be introducing … Read more
Key Takeaways The Lidar maker Luminar, which rose to fame riding on the early investor enthusiasm around self-driving cars, filed for bankruptcy under Chapter 11 in the U.S Southern District of Texas yesterday, December 15. The bankruptcy plea was backed by approximately 91.3% of its first lien noteholders. Before filing for bankruptcy, the company agreed … Read more
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