Stenn Technologies, a financial technology loan company, has collapsed and most of its employees will lose their jobs. In early December, HSBC Holdings pushed the troubled trade finance company into bankruptcy.Raw sugar futures fell by 1.7%, coffee C fell by more than 0.6%, and new york cocoa rose by 1.9%, which once reached a record high. At the end of new york on Thursday (December 12), ICE raw sugar futures fell by 1.69% and ICE white sugar futures fell by 1.29%. ICE coffee "C" futures fell by 0.64% and rose to 348.35 cents/pound on December 10, and continued to pull back. Robusta coffee futures rose 0.45%. New york cocoa futures rose 1.93% to US$ 10,781/ton, and rose to US$ 10,900 at 23:23 Beijing time, a record high after a trading day. London cocoa futures rose 2.54% to 8063, and also rose to 8680 at 23:25, a record high for three consecutive days. ICE cotton futures fell 0.14%.Barclays raised the target price of MicroStrategy from $275 to $515; BTIG Research raised the target price of MicroStrategy from $290 to $570, giving it a "buy" rating.
The Dow Jones Industrial Average is now at 43,983.32 points, down 165.24 points.IBM and Illinois will establish a national quantum algorithm center with universities and industries in Chicago. On December 12th, local time, IBM and Illinois Governor JB Pritzker announced that they would cooperate to establish a new national quantum algorithm center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago. The center is jointly supported by IBM and other quantum computing pioneers, including the University of Chicago and the University of Illinois at Urbana-Champaign, and will be supported by IBM's next-generation quantum computer, IBM Quantum System Two, which the company plans to deploy in Chicago next year.Venezuelan authorities said that 103 people arrested after the July elections were released this week.
There is still a worry about the imbalance between supply and demand. There is limited room for alumina futures to continue to fall. Since the intraday record of 5,540 yuan/ton on December 5, the main contract price of domestic alumina futures has started to fluctuate and fall, reaching a minimum of 5,077 yuan/ton on December 12, with the cumulative maximum decline exceeding 8%. According to industry insiders, the increase of alumina registered delivery brands and the sharp drop in overseas alumina spot quotations have led to the recent decline in alumina futures prices. Although the short-term news in the market is intertwined, the imbalance between supply and demand in the alumina market has not fundamentally improved, so there is limited room for the subsequent decline of alumina futures prices. (CSI)Texas will generate about 150 GW of electricity annually by 2003.The Israeli army said that it "seriously damaged" the Syrian air defense system and destroyed more than 90% of its surface-to-air missiles. The Israel Defense Forces issued a statement on the 12th that it had "seriously damaged" the Syrian air defense system and destroyed more than 90% of the identified surface-to-air missiles. The statement said that in recent weeks, the Israel Defense Forces have been conducting a comprehensive assessment of the situation in Syria. The Israeli Air Force has formulated a "comprehensive strike plan" aimed at destroying Syria's powerful military capabilities in the face of escalating regional tensions. In the past few days, hundreds of Israeli air force fighters and other aircraft launched coordinated strikes, which dealt a major blow to Syria's "most strategic weapon system."