πŸ“Š Social Commerce Partners' $100M IPO

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸš€ Social Commerce Partners closes $100M IPO
πŸ”‹ Stardust Power secures $15M for lithium refinery
πŸ“‰ U.S. unemployment claims drop, remain healthy
πŸ“Š American Battery sees rising short interest
πŸ“… OBOOK Holdings to announce financial results
🎁 +8 more stories you might like
πŸš€ Social Commerce Partners Launches $100 Million IPO Link
  • Social Commerce Partners Corporation has successfully closed its $100 million IPO.
  • The SPAC will focus on business combinations in the social commerce sector.
  • Units are trading on Nasdaq under the symbol 'SCPQU'.
πŸ”‹ Stardust Power Secures $15 Million for Lithium Refinery Link
  • Stardust Power has secured $15 million in convertible debt financing.
  • The financing supports early-stage construction of a lithium refinery in Oklahoma.
  • The project aims to bolster America's energy security through resilient supply chains.
πŸ“‰ U.S. Unemployment Claims Fall, Indicating Healthy Job Market Link
  • Unemployment claims fell by 10,000 to 214,000, indicating a strong job market.
  • The unemployment rate rose to 4.6%, the highest since 2021.
  • Federal Reserve concerns over job market weakness led to a rate cut.
πŸ“Š Rising Short Interest in American Battery Technology Co Link
  • American Battery Technology Co's short interest has risen by 21.96%.
  • Short interest indicates bearish market sentiment towards the company.
  • The company's short interest is higher than its peers, at 11.94%.
πŸ“… OBOOK Holdings to Release First Half 2025 Financial Results Link
  • OBOOK Holdings will announce its financial results for H1 2025 on December 30.
  • The blockchain technology company operates globally across multiple sectors.
  • OBOOK's webcast will discuss financial results and recent business developments.

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