FLSD:CA Franklin Canadian Short Term Bond Fund – AI Signals, Trading Plans and Ratings
November 12, 2025, 2:56 AM EST. Today's update on FLSD:CA covers the Franklin Canadian Short Term Bond Fund with new AI-generated signals and trading plans. Traders are advised to consider a long entry near 19.41 with a target of 19.51 and a stop at 19.31, while a short setup near 19.51 targets 19.41 with a stop at 19.61. The piece notes the updated ratings across Near / Mid / Long, all listed as Neutral. A timestamp highlights the data freshness, and a link is provided for the latest signals. Bonds can move differently from equities, and these signals reflect algorithmic assessments rather than guarantees.
Europe futures gain ahead of US House vote as risk sentiment improves
November 12, 2025, 2:54 AM EST. European equity futures firmed on Wednesday as investors priced in a potential end to the US government shutdown and awaited a House vote, after the Senate approved a deal to end the impasse. Risk appetite received a lift this week, with Euro STOXX 50 futures up about 0.4% and DAX and CAC futures also higher around 0.4%, while FTSE futures eased about 0.1%. In corporate news, RWE posted stronger-than-expected nine-month profits; Infineon lifted its full-year revenue guidance for AI-related power supplies, signaling robust demand. Bayer flagged higher 2025 one-off costs from litigation provisions and executives' buyouts amid its restructuring.
Citigroup Reiterates Sell Rating on Associated British Foods plc ADR (ASBFY)
November 12, 2025, 2:40 AM EST. Citigroup reiterates a SELL rating on Associated British Foods plc – Depositary Receipt (ASBFY) as of November 10, 2025. The firm's one-year price target averages $29.62, implying about an 8.22% downside from the latest close of $32.27. Targets range from $23.67 to $43.58. Fintel cites an expected annual revenue of $19,966MM (up 2.61%) and a projected non-GAAP EPS of 1.40. Fund sentiment shows 9 institutions holding ASBFY, up 28.57% in the last quarter, with average portfolio weight around 0.01% and total shares held of about 18K. Notable holders include APIE – ActivePassive International Equity ETF (12K), Rhumbline Advisers (3K), SPWO (1K), and GAMMA Investing (1K).
SUMCO Revises FY2025 Dividend Forecast: Year-End 10 Yen, Annual 20 Yen; Hold Target ¥1,544
November 12, 2025, 2:38 AM EST. SUMCO Corporation (JP:3436) updated its dividend outlook for FY2025, setting the year-end dividend at 10 yen per share and an annual dividend of 20 yen per share. The move stems from its assessment of the profit forecast, future outlook, and financial needs, aiming to balance shareholder returns with growth investments. The latest analyst view remains Hold with a price target of ¥1,544. Trading data show an average volume around 7.7 million and a market cap near ¥506B. The stock also carries a Sell technical signal. SUMCO operates in the semiconductor space, producing silicon wafers and serving manufacturers globally.
Emmvee Photovoltaic IPO Day 2 LIVE: Slow Start, 9% Day-1 Sub, GMP Plunge
November 12, 2025, 2:35 AM EST. Emmvee Photovoltaic Power Ltd kicked off its ₹2,900 crore IPO with a 9% first-day subscription and moved to Day 2 on Nov 12. Anchor investors subscribed ₹1,305 crore ahead of the issue. The price band is ₹206-217 per share, valuing the company above ₹15,000 crore at the top end. The offer comprises a fresh issue of ₹2,143.86 crore and an OFS of ₹756.14 crore by promoters. Proceeds: about ₹1,621 crore to repay borrowings and interest, with the rest for general corporate purposes. The company operates a 7.8 GW PV module and 2.94 GW cell capacity. GMP today is about ₹5, implying a rough listing price of ₹222 and ~2.3% listing gain; earlier GMP hovered near ₹20. Listing is due on Nov 18.
Citigroup Maintains Neutral on J Sainsbury (JSNSF); 1-Year Target at $4.35 Indicates ~27% Upside
November 12, 2025, 2:12 AM EST. Citigroup reiterates a Neutral rating on J Sainsbury (JSNSF) as of November 10, 2025. The firm's price target is $4.35, implying about a 27% upside from the reported close of $3.42. The targets span $3.86 to $4.98 for the coming year. On the fundamentals side, analysts project annual revenue of roughly $31,879 million and an EPS of 0.21 (non-GAAP). Fund sentiment shows 262 institutions owning JSNSF, with an average portfolio weight near 0.15%. Total institution shares sit around 265.3 million, down slightly over the last quarter. Notable holders include VGTSX, BBIEX, VTMGX, IEFA and VHGEX with modest portfolio shifts.
JP Morgan Cazenove Reiterates Overweight on J Sainsbury (JSNSF) with ~27% Upside
November 12, 2025, 2:11 AM EST. JP Morgan Cazenove reiterates an Overweight rating on J Sainsbury (JSNSF). As of Nov 9, 2025, the analyst's one-year price target is $4.35, implying about 27.25% upside from the latest close of $3.42. The forecast envisions annual revenue of 31,879MM (down 2.84%) and non-GAAP EPS of 0.21. Fund sentiment remains constructive: 262 institutions hold JSNSF, with total shares owned at about 265.3M and average portfolio weight 0.15% (up 12.37%). Notable holders include VGTSX, BBIEX, VTMGX, IEFA and VHGEX, with modest quarterly changes. The note signals continued institutional interest and upside potential for Sainsbury in developed markets.
Dragonfly Energy stock surges nearly 80% after $300K Nevada grant, signaling cleaner-energy optimism
November 12, 2025, 2:08 AM EST. Investors piled into Dragonfly Energy after a $300,000 non-dilutive grant from Nevada's Tech Hub Funding Program sparked a rapid stock move of roughly 79% in hours. The rally followed a climb from about $0.28 to a session high near $1.97 before settling around $0.90. The funds will upgrade the Reno facility to boost battery manufacturing capacity and support partnerships with local colleges to train workers, underscoring faith in renewable energy growth. The grant's non-dilutive nature means existing shareholders aren't diluted and the company expects to save six figures annually, reinvesting in operations. The move illustrates how targeted clean energy funding can lift investor confidence in solar storage uses and grid stability, expanding Dragonfly's addressable market beyond consumer electronics to industrial solar storage and more.
European markets set to open broadly higher as hopes of U.S. shutdown ending persist
November 12, 2025, 2:06 AM EST. European stocks are set to open broadly higher on renewed optimism that the U.S. government will reopen soon after a spending bill advanced to the House. The FTSE is seen flat, while Germany's DAX rises about 0.4%, France's CAC 40 ~0.25% higher and Italy's FTSE MIB ~0.22% higher. Key earnings due include Infineon, E.ON, Experian, Alcon, RWE and Bayer. In Asia, SoftBank fell after selling its Nvidia stake, highlighting ongoing AI-linked swings. U.S. futures were modestly mixed as investors weigh the AI cycle and a cautious tech stance, with focus returning to how green shoots in the market deliver momentum. Investors remain selective about which tech leaders can sustain the AI rally.
China accuses U.S. of $13B Bitcoin hack tied to Cambodia's Prince Group
November 12, 2025, 1:50 AM EST. China has accused the United States government of orchestrating a cyberattack that allegedly drained more than $13 billion in Bitcoin, targeting wallets linked to Cambodia's Prince Group. Beijing's charge escalates tensions over digital assets and cybersecurity between the two powers and could add uncertainty for crypto liquidity and investor sentiment. The allegation, described as a state-backed action, would have wide implications for sanctions policy, cross-border crypto flows, and risk management across exchanges and funds exposed to large, opaque holdings. Market watchers say the episode underscores the geopolitical risk embedded in crypto markets, even as regulators weigh safeguards and the resilience of major digital assets to cyber threats.
BSE stock jumps over 5% after Q2 profit up 61%; Jefferies bullish, Goldman neutral
November 12, 2025, 1:38 AM EST. BSE Ltd shares jumped about 5% in early trade after the exchange operator posted a 61% year-on-year rise in consolidated net profit to Rs 558 crore for Q2 FY26, helped by higher trading and platform revenues. The stock traded around Rs 2,770, up from the previous close, and has surged ~78% in the past year. Q2 revenue rose 44% to Rs 1,068 crore; EBITDA climbed 78% to Rs 691 crore, pushing margin to 64.7% from 52.4%. Growth came from trading segments, mutual fund and other platform services. Jefferies maintains a BUY with a target of Rs 2,930; Goldman Sachs is NEUTRAL with a target of Rs 2,460. Note: underlying EPS was Rs 13.6, about 3% above estimates.
Groww debuts with 14% premium on BSE, 12% on NSE; market cap at Rs 69,144 crore
November 12, 2025, 1:36 AM EST. Groww's parent Billionbrains Garage Ventures listed on November 12 at Rs 114 on BSE and Rs 112 on NSE, delivering a premium over the IPO price of Rs 100 and valuing the company at about Rs 69,144 crore at debut. The listing beat grey market premium expectations (GMP had weakened to around 5% pre-listing from ~17%), with strong demand as the IPO was subscribed nearly 18 times. Investors cited strong brand recall and rapid user growth in India's digital investing space. The Rs 6,632-crore IPO comprised a fresh issue and an OFS, with marquee backers including Peak XV Partners, YC Holdings, Tiger Global, and Sequoia Capital. Analysts' views ranged from positive on growth potential to concerns on valuation, with a key takeaway that Groww remains India's largest and fastest-growing investment platform by active users on NSE.
First Citizens BancShares (FCNCA) Valuation Under Scrutiny Amid Recent Momentum
November 12, 2025, 1:04 AM EST. First Citizens BancShares (FCNCA) has seen ~6.8% momentum over the past month, though the stock's 1-year return is -16.1% while a strong 5-year return of 233% highlights long-term value. A valuation narrative pins a fair value of about $2,155 per share-implying the stock is undervalued versus the current price of roughly $1,817. The bull case hinges on a shrinking share count via buybacks and digital deposit growth leveraging a robust balance sheet to lift EPS and net interest income. Risks include macro shifts and potential rate cuts that could pressure earnings. The piece emphasizes a deeper dive into FCNCA's growth trajectory and potential mispricing.
Cogent Biosciences Prices Public Offerings of Common Stock and Convertible Notes for ~$475 Million
November 12, 2025, 12:38 AM EST. Cogent Biosciences priced a public offering of 9,677,420 shares of common stock at $31.00 and a $200 million aggregate principal amount of 1.625% convertible senior notes due 2031, targeting net proceeds around $475.3 million. The Equity Offering includes a 30-day over-allotment option for up to 1,451,613 additional shares; the Convertible Notes Offering has a corresponding option up to $30 million principal amount to cover over-allotments. Closings are expected Nov. 13, 2025 (equity) and Nov. 18, 2025 (notes). The notes are unsecured senior obligations, with semi-annual interest of 1.625% and an initial conversion rate of 22.2469 shares per $1,000 principal (roughly $44.95 per share).
Groww IPO Debuts with 14% Premium on BSE, 12% on NSE; Analysts Weigh In
November 12, 2025, 12:36 AM EST. Groww IPO debuted on Dalal Street with a premium listing: BSE at Rs 114 (+14% over issue price of Rs 100) and NSE at Rs 112 (+12%). The Bengaluru-based fintech's Rs 6,632 crore issue comprised a fresh issue of Rs 1,060 crore and an OFS of Rs 5,572 crore. The grey market premium (GMP) stood around Rs 3, suggesting a modest premium, yet the stock opened well above those levels. Analysts like Prashanth Tapse (Mehta Equities) and Raj Gaikar (Samco Securities) warn valuations are rich (about 33x FY25 earnings vs peers around 29x-31x) but remain cautiously optimistic; advise holding for 2-3 years and watching for post-listing dips as entry points. Groww is driven by rapid user growth, brand recall, expanding market share in F&O and mutual funds, and a scalable digital model with low incremental costs.
AI Analyst Trims BigBear.ai Price Target Despite Q3 Beat
November 12, 2025, 12:34 AM EST. TipRanks' AI analyst trims BigBear.ai stock target to $5.50 despite a Q3 FY25 beat on revenue. Revenue declined 20% YoY to $33.1 million, but topped estimates of $31.81 million. The net loss narrowed to $0.03 per share vs $0.07 expected. The new target implies about 9.24% downside from current levels with a Neutral rating. Positive catalysts include the Ask Sage acquisition adding roughly $25 million in annual recurring revenue in 2025 and a cash balance of $456.6 million. Risks include ongoing revenue weakness, weak cash flow, and potential goodwill impairment. Street consensus remains Moderate Buy with an average target near $6.33 (about 4.46% upside); YTD has risen about 36.18%.
SoftBank's Nvidia stake: why divesting could actually be good for both sides
November 12, 2025, 12:32 AM EST. Analysts say a SoftBank divestment of its Nvidia stake could reduce concentration risk and unlock capital for other bets. Trimming this exposure might strengthen SoftBank's balance sheet and fund new ventures or return cash to shareholders. For Nvidia, a sale by a single large holder could improve liquidity and broaden the investor base, while easing potential governance concerns. The move could show Nvidia's rally is sustainable beyond a single big holder, enabling the stock to trade more on fundamentals and broader AI demand. Timing and scale will matter, but even gradual divestment could recalibrate the AI stock landscape.
PhysicsWallah IPO Day 2 LIVE: 7% Subscribed, GMP Drops, Review & Subscriptions
November 12, 2025, 12:20 AM EST. PhysicsWallah's IPO entered Day 2 with ~7% overall subscription as of now, while GMP slipped to about ₹1.5. The offer window runs from Nov 11-13 with a price band of ₹103-₹109. In the retail segment, bids are at 33%, NII at 2%, and QIB subscriptions have not yet opened; the employee portion is fully subscribed at 1.11x. The issue comprises a fresh issue of ₹3,100 crore and an OFS up to ₹380 crore from founders Alakh Pandey and Prateek Boob, who each own ~40.31%. The company, backed by WestBridge Capital, Hornbill, and GSV Ventures, narrowed FY2025 losses to ₹243 crore while revenue rose to ₹2,887 crore. Stay tuned for more updates.
Groww IPO Listing: GMP Dips Ahead of Debut as 17.6x Subscription Attracts Investors
November 12, 2025, 12:18 AM EST. Groww's parent Billionbrains Garage Ventures made its stock market debut after a ₹6,632 crore IPO that drew a 17.6x overall subscription. Investors bid for 641 crore shares vs 36.47 crore on offer. The institutional portion reserved 75% was subscribed about 22x, the non-institutional portion ~14.2x, and retail bids roughly 9.4x of the tranche. Ahead of listing, Groww's Grey Market Premium (GMP) slipped to around ₹6 from ₹17 earlier, though GMP is speculative and the listing price can differ from GMP. Watch this space for live updates on the debut.
Hong Kong IPO Market to Extend Hot Streak into 2026, Says CICC
November 12, 2025, 12:16 AM EST. CICC says Hong Kong's IPO market will extend its hot streak into 2026, driven by a pipeline of over 100 IPOs and demand from Chinese issuers seeking international capital. Mainland fundraising has risen to about ¥90 billion this year, but regulators remain cautious, making a full shift away from Hong Kong unlikely. Hong Kong had raised HK$216 billion from IPOs in the first 10 months. Shi Qi, deputy head of capital markets at CICC, notes Hong Kong remains attractive for quality issuers seeking global investors and valuation flexibility, especially in sectors aligned with national priorities such as robotics and advanced manufacturing. The market's allure persists even as the A-share bull run continues.
Groww IPO Listing Live: GMP, Listing Gains & Expert Reviews on D-Street
November 12, 2025, 12:05 AM EST. Groww, established in 2017 and Bengaluru-based fintech, is set to debut on the D-Street with its IPO. The platform blends mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and even U.S. stocks, with its mobile app favored by retail investors. Beyond core trading, Groww offers Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions. The IPO marks a milestone for a digital investment platform aiming to broaden access to capital markets. Markets will monitor GMP, listing gains, and expert reviews as Groww transitions from a private fintech to a publicly traded company. Investors should weigh growth prospects, risk factors, and competitive positioning in this fast-moving fintech space.
Tenneco Clean Air IPO Day 1: GMP, Price Band, Anchor Investors & Key Dates
November 12, 2025, 12:02 AM EST. Shares of Tenneco Clean Air India Ltd opened for public subscription from November 12 to 14, with an issue price band of ₹378-₹397 per share. The current GMP stands at about ₹61, signaling a potential listing near ₹458 (roughly 15.4% above the upper band). The anchor book raised about ₹1,080 crore from 58 investors, including SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, SBI Life, Norway's GPFG, and Goldman Sachs. The issue allocates 50% to QIBs, 35% to retail, and 15% to NII; the minimum bid is 37 shares. Promoters include Tenneco Mauritius Holdings and related entities. Lead broker notes from ICICI Direct and SBICAP Securities advocate subscribing, citing robust fundamentals and FY25 multiples around P/E ~29x and EV/EBITDA ~19x. Final details may change.
