Daily Brief United States: Palantir Technologies , Advanced Micro Devices, Gold, Toncoin, Voxx International, Sui, Vivos Therapeutics , Wheaton Precious Metals, California Resources , Grace Therapeutics and more

• Palantir Technologies (PLTR US) is anticipated to be the largest addition following its eligibility, which was secured through a listing transfer from NYSE to Nasdaq just before the cut-off date.
• Super Micro Computer (SMCI US) is projected to exit the index despite its recent entry in July 2024, as it has ranked above the exit threshold of 125.
• ARM Holdings (ARM US) is not an expected deletion due to special ADR market cap treatment. Equinix Inc (EQIX US) is not an expected addition because it is a REIT.

• AMD’s Lisa Su has been honoured as Time’s CEO of the year, a fitting tribute to a leader who  pulled off what many thought to be impossible
• Despite flawless execution and carving out a brand new $5 billion market segment within AI Acceleration, AMD’s share prices is down 44% from its 52 week high
• AMD will ultimately face headwinds from Arm but, for the time being, their growth will come from continuing to take market share from Intel and building on their Instinct platform 

• Gold (GOLD COMDTY) rebounded higher this week, after 2 weeks down, it is already getting  overbought according to our WEEKLY model, the remaining upside appears limited.
• If you are actively trading Gold, in this insight we will analyze the current Gold patterns and show you why it may be too late to enter the trade here.
• A better opportunity to enter LONG may come after another 1 or 2 weeks, when the market should pull back again.

• In September 2023, TON Foundation and Telegram announced a strategic partnership with the ambitious goal of onboarding 30% of Telegram’s active users to TON by 2028. Serving as the infrastructure layer, TON leveraged Telegram Mini-App to reach and engage Telegram’s vast user base.
• The success of Notcoin paved the way for activating Mini-App users through social games. Subsequently, users were introduced to crypto through airdrops of game-launched tokens and meme coins. To support this growth trajectory, the foundation has utilized TON Grants, The Open League, and offline events to align with these objectives.
• By July 2024, Telegram Mini Apps reached 500 million monthly active users (MAUs), elevating Telegram’s MAUs to a new peak of 950 million. By October, 30 million of these users had transitioned into the cryptocurrency world.

• Gentex Corp. proposed to buy all remaining shares of Voxx International Corp. for $5.50 per share, showing a 50% premium to the closing price
• The offer included acquiring additional shares from a Selling Director and a term sheet to buy a 50% stake in EyeLock, a subsidiary of VOXX
• Gentex, a company with a $7 billion market cap and 27% ownership in VOXX, is likely interested in EyeLock’s biometric technology for potential integration into their automotive vision systems.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Sui Network, a blockchain platform from Mysten Labs, is redefining scaling with its object-centric architecture, parallel execution model, and Move programming language.
• By combining innovative consensus mechanisms like Mysticeti and upgrades such as Adelie and Mahi-Mahi, Sui is advancing beyond traditional L1 architectures to support high-throughput and low-latency operations.
• Its ecosystem spans diverse sectors, from DeFi to gaming, while its robust tokenomics and cryptographic features enhance usability and security.

• Medtech focused on obstructive sleep apnea (OSA) treatment.
• Vivos commercializes proprietary oral appliances and support services for the treatment of OSA and associated conditions of dentofacial abnormalities, including snoring, temporomandibular joint dysfunction (TMD), and bruxism.
• The company’s Complete Airway Repositioning and/or Expansion (CARE) oral devices are patient preferred over market-leading CPAPs and have key FDA clearances that provide a competitive advantage over other oral appliances.

After the bell on 5 December, Wheaton Precious Metals (WPM) announced that it had entered into a definitive Precious Metals Purchase Agreement (PMPA, or stream) with Allied Gold regarding the Kurmuk gold project in Ethiopia. Under the terms of the stream, WPM will pay US$175m to acquire 6.7% (subject to conditions – see below) of the payable gold produced from Kurmuk at 15% of the spot price of gold until 220koz has been delivered, at which point, the percentage will drop to 4.8%.

• The WTR Sustainable Index was down 2.0% W/W versus the S&P 500 Index (up 1.0%), the Russell 2000 Index (down 1.1%), and the Nasdaq Index (up 3.3%).
• Energy Technology (13.8% of the index) was down 3.3%, while Industrial Climate and Ag Technology (48.3% of the index) was down 0.8%, ClimateTech Mining was down 4.1%, and Advanced Transportation Solutions (20.7% of index) was down 1.9%.
• Top 10 Performers: LEV, GRB, TGEN, HTOO, NGPHF, MVST, AZRE, EGT, MXL, HYSR

• Grace is a clinical-stage, biotechnology company focused on rare disease.
• Its lead program, GTX-104, is a novel injectable formulation of nimodipine for the treatment of aneurysmal subarachnoid hemorrhage (aSAH).
• Other programs include GTX-102 for Ataxia Telangiectasia & GTX-101 for postherpetic neuralgia.