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Investing.com -- DDC Enterprise Limited (NYSEAMERICAN:DDC) stock gained 2.4% on Thursday after the global Asian food platform and digital asset treasury company announced the acquisition of 100 additional Bitcoin (BTC), bringing its total holdings to 1,783 BTC.

This marks DDC’s second Bitcoin purchase this week as part of its structured accumulation program. The company has successfully added 600 BTC to its treasury in the first month of 2026 alone. According to data from Bitcointreasuries.net, DDC’s ranking among publicly listed companies worldwide in terms of Bitcoin holdings has improved from 44th to 36th since the beginning of the year.

The latest acquisition reflects DDC’s systematic approach to building its Bitcoin treasury as a strategy to enhance balance sheet resilience and diversify its liquidity profile. The company currently maintains an average cost per Bitcoin of $88,170 and has achieved a Bitcoin yield of 50.7% year-to-date. DDC’s holdings now represent approximately 0.059925 BTC per 1,000 DDC shares.

"Each acquisition represents a deliberate step in strengthening our Bitcoin treasury and balance sheet," said Norma Chu, Founder, Chairwoman, and Chief Executive Officer of DDC. "We continue to execute a consistent accumulation strategy supported by prudent risk management and a long-term focus on enhancing shareholder value."

The company views Bitcoin as a scarce, long-duration asset that can help navigate evolving macroeconomic and monetary conditions while complementing its core operations in the Asian food platform space.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- RBC Capital Markets downgraded OMV AG to “underperform” from “sector perform” on Thursday, citing near-term earnings pressure across chemicals, European gas and refining, despite what it described as improvements to the company’s longer-term investment case.

The brokerage cut its price target on OMV shares to €46 from €50. OMV shares were trading at €49.74 at the time of the report.

The downgrade follows a strong rally in OMV shares through 2025, which RBC said has left the stock “looking extended,” even as several operating segments face headwinds. 

RBC said chemicals, where OMV has a relative overweight compared with peers, remain in an extended downcycle, with recent trading updates indicating margins are likely to stay depressed through 2026 due to global overcapacity.

OMV has also flagged that stronger sales volumes were offset by lower polyolefin indicator margins and reduced cracker utilization, partly in response to weak market conditions.

RBC said the near-term upside from the Borouge Group International, or BGI, transaction is limited. 

While the transaction is expected to raise OMV’s chemicals earnings over time, RBC noted that OMV’s policy caps its payout from the BGI dividend at 50%, with the dividend itself expected to remain at its floor level over the next two to three years. As a result, RBC said shareholder returns remain undifferentiated in the near term.

The brokerage also highlighted OMV’s exposure to European gas. RBC said OMV is among the most exposed companies to European gas prices in its coverage universe, behind only Equinor. 

RBC said a weaker outlook for European gas prices could weigh on earnings at a time when OMV is increasing its focus on gas, which management has described as a “significant” opportunity.

Refining margins were another factor behind the downgrade. RBC said refining margins are expected to normalize in 2026, reducing earnings contribution from the segment. 

The analysts noted that OMV’s cash flow from operations is particularly sensitive to changes in refining margins, ranking behind only Repsol and Galp among integrated peers for the impact of a $1 change in margins.

RBC said it updated its forecasts following OMV’s fourth-quarter trading update and revised commodity price assumptions. 

The changes lowered RBC’s 2026 net income estimate for OMV by 15%, leaving it 11% below consensus. RBC’s updated estimates assume Brent crude at $60 per barrel and TTF gas at $8.8, alongside lower refining margin assumptions.

Based on these revisions, RBC said OMV trades at 6.2x EV/DACF for 2026, compared with 5.8x for European integrated peers, and offers a 5.7% free cash flow yield, versus 5.9% for peers. 

Investing.com -- Copper mining stocks surged on Thursday as the price of the industrial metal soared to an all-time high above $14,000 a metric ton, driven by speculative buying and expectations of robust demand.

Freeport-McMoRan (NYSE:FCX) stock jumped 5%, Southern Copper (NYSE:SCCO) shares rose 5.5%, while ERO Copper (NYSE:ERO) saw the largest gain at 7%. Other copper miners also rallied, with Hudbay Minerals (NYSE:HBM) up 6%, Ivanhoe Electric (NYSE:IE) gaining 3%, and Taseko Mines (NYSE:TGB) advancing 4%.

Benchmark three-month copper on the London Metal Exchange surged as much as 7.9% to $14,125 a metric ton during Asian trading before trimming gains to $13,935, still up 6.5%. The Shanghai Futures Exchange’s most-active copper contract closed 6.7% higher at 109,110 yuan ($15,708.77).

Analysts attribute the price surge to several factors beyond supply-demand fundamentals, including spillover interest from other hard assets like gold and silver, which have also hit record highs amid geopolitical tensions. A weaker dollar, hovering near multi-year lows, has further supported copper prices by making the metal cheaper for buyers using other currencies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 1.97% to hit a new 3-months low.

The best performers of the session on the IDX Composite Index were Asia Sejahtera Mina Tbk (JK:AGAR), which rose 24.46% or 68.00 points to trade at 346.00 at the close. Meanwhile, Geoprima Solusi Tbk PT (JK:GPSO) added 24.47% or 115.00 points to end at 585.00 and Argo Pantes Tbk (JK:ARGO) was up 20.36% or 225.00 points to 1,330.00 in late trade.

The worst performers of the session were Pt Intra Golflink Resorts Tbk (JK:GOLF), which fell 15.00% or 48.00 points to trade at 272.00 at the close. PT VKTR Teknologi Mobilitas (JK:VKTR) declined 14.93% or 165.00 points to end at 940.00 and PT Royaltama Mulia Kontraktorindo Tbk (JK:RMKO) was down 14.89% or 195.00 points to 1,115.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 606 to 180 and 61 ended unchanged.

Shares in Asia Sejahtera Mina Tbk (JK:AGAR) rose to 52-week highs; up 24.46% or 68.00 to 346.00.

Crude oil for March delivery was up 1.60% or 1.01 to $64.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.41% or 0.95 to hit $68.32 a barrel, while the April Gold Futures contract rose 4.11% or 219.64 to trade at $5,559.84 a troy ounce.

USD/IDR was up 0.17% to 16,740.80, while AUD/IDR rose 0.72% to 11,841.33.

The US Dollar Index Futures was down 0.28% at 96.00.

Investing.com -- Serina Therapeutics Inc (NYSE:SER) stock surged 30.2% in after-hours trading Wednesday following FDA clearance of its Investigational New Drug application for SER-252, a treatment for advanced Parkinson’s disease.

The regulatory green light allows Serina to proceed with site-level activities to initiate its planned Phase 1b registrational clinical study. The company has already begun clinical site start-up and regulatory activities in Australia to support its global registrational program.

"FDA clearance of the IND is a major milestone for Serina and underscores the promise of the SER-252 program," said Steve Ledger, Chief Executive Officer of Serina Therapeutics. "As we initiate our registrational study, we will begin generating meaningful clinical data for SER-252 in patients with advanced Parkinson’s disease."

The company noted that it has engaged in multiple regulatory interactions with the FDA regarding the SER-252 program. These discussions resulted in FDA feedback supporting the proposed registrational clinical trial design under a 505(b)(2) NDA pathway, which could provide a more efficient route to potential approval.

Serina Therapeutics is a clinical-stage biotechnology company developing treatments using its proprietary POZ Platform technology. The company claims this platform has the potential to improve efficacy and safety profiles across multiple therapeutic modalities including small molecules, RNA-based therapeutics, and antibody-based drug conjugates.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com – U.S. stocks were mixed after the close on Wednesday, as gains in the Telecoms, Oil & Gas and Basic Materials sectors led shares higher while losses in the Consumer Services, Industrials and Healthcare sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average added 0.02%, while the S&P 500 index lost 0.01%, and the NASDAQ Composite index added 0.17%.

The best performers of the session on the Dow Jones Industrial Average were Unitedhealth Group (NYSE:UNH), which rose 4.00% or 11.32 points to trade at 294.02 at the close. Meanwhile, NVIDIA Corporation (NASDAQ:NVDA) added 1.59% or 3.00 points to end at 191.52 and Johnson & Johnson (NYSE:JNJ) was up 1.46% or 3.28 points to 227.72 in late trade.

The worst performers of the session were Amgen Inc (NASDAQ:AMGN), which fell 2.59% or 9.10 points to trade at 342.22 at the close. Honeywell International Inc (NASDAQ:HON) declined 1.93% or 4.27 points to end at 216.64 and Nike Inc (NYSE:NKE) was down 1.35% or 0.85 points to 62.24.

The top performers on the S&P 500 were Seagate Technology PLC (NASDAQ:STX) which rose 19.14% to 442.93, Intel Corporation (NASDAQ:INTC) which was up 10.99% to settle at 48.76 and Western Digital Corporation (NASDAQ:WDC) which gained 10.70% to close at 279.69.

The worst performers were Amphenol Corporation (NYSE:APH) which was down 12.19% to 145.99 in late trade, Axon Enterprise Inc (NASDAQ:AXON) which lost 9.89% to settle at 549.86 and Skyworks Solutions Inc (NASDAQ:SWKS) which was down 7.94% to 55.28 at the close.

The top performers on the NASDAQ Composite were Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) which rose 311.21% to 1.32, ENvue Medical Inc (NASDAQ:FEED) which was up 119.87% to settle at 2.31 and Linkers Industries Ltd (NASDAQ:LNKS) which gained 60.35% to close at 0.77.

The worst performers were CalciMedica Inc (NASDAQ:CALC) which was down 75.35% to 1.25 in late trade, Masonglory Ltd (NASDAQ:MSGY) which lost 67.25% to settle at 2.05 and FAT Brands Inc (NASDAQ:FATBB) which was down 38.61% to 0.62 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1634 to 1103 and 96 ended unchanged; on the Nasdaq Stock Exchange, 2287 fell and 1082 advanced, while 175 ended unchanged.

Shares in Seagate Technology PLC (NASDAQ:STX) rose to all time highs; rising 19.14% or 71.17 to 442.93. Shares in Western Digital Corporation (NASDAQ:WDC) rose to all time highs; gaining 10.70% or 27.03 to 279.69. Shares in Johnson & Johnson (NYSE:JNJ) rose to all time highs; rising 1.46% or 3.28 to 227.72. Shares in CalciMedica Inc (NASDAQ:CALC) fell to all time lows; falling 75.35% or 3.82 to 1.25. Shares in FAT Brands Inc (NASDAQ:FATBB) fell to all time lows; losing 38.61% or 0.39 to 0.62.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.18% to 16.38.

Gold Futures for April delivery was up 5.80% or 297.20 to $5,417.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.84% or 1.15 to hit $63.54 a barrel, while the April Brent oil contract rose 1.58% or 1.05 to trade at $67.64 a barrel.

EUR/USD was down 0.81% to 1.19, while USD/JPY rose 0.79% to 153.45.

The US Dollar Index Futures was up 0.14% at 96.19.