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NASDAQ:ORIS 4 November 2025 - 31 December 2025

Oriental Rise (ORIS) stock jumps premarket after Daguan Tea acquisition LOI

Oriental Rise (ORIS) stock jumps premarket after Daguan Tea acquisition LOI

Oriental Rise Holdings shares rose 36.9% to $1.67 in premarket trading after announcing a non-binding letter of intent to acquire a controlling stake in Hubei Daguan Tea Industry Group. The company did not disclose financial terms and said due diligence is pending. The move follows a 1-for-20 reverse stock split effective Dec. 30. Investors await further details on the deal’s terms, financing, and timeline.
31 December 2025
Oriental Rise’s Wild Tea Ride: From $56 High to Penny Stock – 2025’s Shocking Ups and Downs Revealed

Oriental Rise’s Wild Tea Ride: From $56 High to Penny Stock – 2025’s Shocking Ups and Downs Revealed

Oriental Rise Holdings (NASDAQ: ORIS) closed at $0.19 on Nov 4, 2025, down 95% from its IPO, after a year of extreme volatility and a July share offering that triggered a 66% one-day crash. The China-based tea company reported 2024 revenue of $15 million (–38% YoY) and net income of $2.09 million (–82%), despite holding $43 million in cash and no debt. ORIS risks Nasdaq delisting unless it regains compliance by Dec 29.
4 November 2025

Stock Market Today

  • SpaceX IPO raises $75 billion at $135 share price on Nasdaq debut
    June 12, 2026, 5:02 AM EDT. SpaceX priced its IPO at $135 a share, raising $75 billion by selling 555.6 million Class A shares. The company, trading under ticker SPCX on Nasdaq Global Select Market and Nasdaq Texas, reaches a $1.77 trillion valuation, surpassing Saudi Aramco's 2019 IPO as the largest ever. The offering positions SpaceX, led by Elon Musk, among the top U.S.-listed firms with business segments in space, satellite broadband Starlink, and AI. Market opinions vary, with some analysts forecasting up to 41% upside, while others urge caution. SpaceX reported $18.7 billion in 2025 revenue but a $4.9 billion net loss, highlighting growth challenges. Inclusion in major indexes like S&P 500 will require ongoing profitability and extended public trading.

Latest articles

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

12 June 2026
Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
SpaceX lands $75 billion IPO at $135 a share

SpaceX lands $75 billion IPO at $135 a share

12 June 2026
SpaceX raised $75 billion in the world’s largest IPO, pricing 555,555,555 Class A shares at $135 each for a $1.77 trillion valuation; SPCX begins trading Friday on Nasdaq, with the first trade set to reveal if public investors accept the IPO price amid analyst targets up to $190 and concerns over current losses and index inclusion delays.
AAL rallies 9% as airline stocks surge and Google inks SAF deal

AAL rallies 9% as airline stocks surge and Google inks SAF deal

12 June 2026
American Airlines shares soared 9.17% to $14.65 after announcing a sustainable aviation fuel agreement with Google covering 35 million gallons over three years, as part of a broad airline and stock market rally; early premarket trading indicated a further rise to $14.75, with investors also digesting new shareholder-meeting results and record first-quarter revenue despite a net loss.
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