Thursday, December 18, 2025 News Archive

TAE Technologies’ merger with Trump Media is driven by funding needs to build a commercial fusion reactor, not Trump ties, despite raising concerns.

RRP Semiconductor’s 55,000% stock surge raises concerns, with its negative financials, minimal workforce, and extreme valuation signaling potential risks for investors.

Pronto aims for a $25M raise at a $100M valuation to compete in the 10-minute house-help market, focusing on AI-driven operations and service expansion.

SEBI caps mutual fund brokerage fees at 6 bps and implements changes to improve cost transparency. Mutual fund AUM grows 5% to ₹13.67 lakh crore in October.

Reliance Power’s stock increased by 5.86% to ₹37.78, driven by its expanding green energy portfolio and investor optimism in the energy sector.

HBL Power’s shares surged 7.35% to ₹818.85 amid strong demand for its battery solutions and positive market sentiment in the power sector.

American Drive Acquisition SPAC plans to raise $200 million through its IPO, targeting future automotive and mobility deals in the U.S. with no current revenue.

KSH International’s IPO, priced at ₹365–₹384 per share, aims to fund expansion and debt reduction, with multi‑year financial trends disclosed in its RHP.

Micron’s stock rallied after strong earnings and forecasts driven by AI memory demand, with tight supply expected to persist beyond 2026.

Energy Secretary Chris Wright praised Three Mile Island as central to the administration’s strategy to power AI’s rising electricity needs with reliable nuclear energy.

Trump Media and TAE Technologies agreed to a $6 billion all‑stock merger to create a fusion energy company with plans for utility‑scale power projects post‑2026.

Transat A.T. reported a 3.5% rise in FY25 revenue to 3,398.5 million CAD, with Q4 revenue dipping slightly by 2.2%. EBITDA increased due to lower fuel costs.

Mobix Labs' FY25 revenue grew by 80% to $27.2 million, with strong Q4 performance and a narrowed operating loss due to high-margin product demand.

Accenture's Q1 FY26 earnings show a 3% revenue growth to $16.6 billion, with strong bookings at $20.9 billion and operating income of $2.7 billion.

SEBI includes zero-coupon bonds in its Rs 10,000 denomination debt securities, aiming to boost retail investor participation and market liquidity.