End of Day Market with BABA, PYPL, JANX, and More

BABA's IPO Plan

Alibaba (BABA) is preparing to go public with its artificial intelligence chip unit T-Head. This unit produces chips used in Alibaba Cloud, Tmall, and Alimama. The company's move is seen as an important strategy to increase its market value.

PayPal Acquires Cymbio

On the other hand, PayPal (PYPL) has acquired the Cymbio platform, which enables brands to expand their e-commerce activities through artificial intelligence-based platforms. This move is expected to enhance PayPal’s competitiveness in the e-commerce market.

JANX Collaborates on Cancer Treatment

Janus Therapeutics (JANX) announced that they have signed a collaboration and licensing agreement with Bristol Myers Squibb (BMY) to develop a new cancer treatment. This agreement stands out as an important step in developing innovative methods for cancer treatment.

New Contract from SMRTG

Smart Güneş Enerjisi (SMRTG) has signed a plant installation contract worth 13.83 million euros with a company established abroad. This development aims to enhance the company's impact in the international market.

Hun Renewable Energy and Storage Project

Hun Yenilenebilir Enerji (HUNER) signed a protocol with PurpleGreen Wind for the installation of a 33 MW capacity energy storage system in Latvia, through Storemate Technology. The value of this project is set at 8.2 million dollars.

DURKN's International Contract

Durukan Şekerleme (DURKN) has signed a contract with a foreign-based company through A2Z Confectionery for the sale of coated product groups. The contract is expected to have a revenue impact of 1.5 million pounds in 2026.

The information provided here does not constitute investment advice. We recommend that you make your investment decisions carefully.