The tech boom, changing leadership in Asia, and political crisis in the US — investment forecasts from Cathie Wood, Mark Mobius, Ray Dalio, Tom Lee, and David Rosenberg

Goldilocks, fiscal deadlock, and Buffett's shadow: what do investment gurus expect from 2026?

Silver hit a new all-time high, going over $80 an ounce because of shortages, speculative demand, and geopolitical tension; copper got close to $13,000 a ton because of production disruptions and expectations of possible US import duties, which are pushing stocks into the American market. These and other topics are covered in our review of key events as of the morning of December 29.

Main news by morning: silver and copper hit new highs, Bitcoin surpassed $90,000 in Asia

Medline Inc.

Andersen

SpaceX has entered a "quiet period" ahead of its IPO. Shares of medical supplies provider Medline jumped almost 1.5 times in debut trading after the year's main listing. The placement of US mortgage giants Fannie Mae and Freddie Mac has been postponed to 2026 and risks not taking place at all. The main events on the IPO market during the week are in our selection.

SpaceX in 'quiet period,' Medline had the listing of the year: what's important about the IPO by Dec. 21

Citigroup Inc.

Coinbase Global, Inc.

MARA Holdings, Inc.

Strategy Inc

The value of bitcoin will reach $143,000 next year, Citi analysts predicted. The price will grow due to the further inflow of money into exchange-traded funds related to the largest cryptocurrency by capitalization, the bank believes. Bitcoin is now worth less than it was at the beginning of 2025.

Citi has predicted bitcoin to rise to $143,000 in 2026. That's 62% higher than the current price

Deutsche Bank initiated coverage of the company's stock with a buy recommendation

Cryptocurrency exchange Coinbase announced the launch of stock trading and the entry of a prediction marketplace

Bitmine Immersion Technologies, Inc.

Circle Internet Group

Bullish

ARK Invest fund managed by Cathie Wood on December 15 began buying shares of cryptocurrency companies after their multi-day decline, CoinDesk <a href="https://www.coindesk.com/markets/2025/12/16/ark-steps-in-as-crypto-stocks-extend-multi-day-selloff">noted</a>. The attention of the fund Cathie Wood, in particular, attracted the attention of the securities of Coinbase, Bullish and Circle, which were under pressure.

Cathie Wood's fund is buying up crypto stocks on the downturn. Should we follow her example?

PayPal Holdings, Inc.

The news helped PayPal stock move into the plus side in the postmarket, offsetting the drop after a downgrade from Baird

PayPal has applied to set up a bank in the US. Why would the company do that?

The premium on Strategy's common stock over its enterprise value is now about 1.1

Strategy continued to buy up falling bitcoin. Its shares fell in value

Sharplink, Inc.

ALT5 Sigma Corporation

The emergence in recent years of public companies whose primary business is acquiring and holding cryptocurrencies, and the rise of their own stocks, has been one of the highlights of enthusiasm in the digital asset market this year. But the collapse that began in October knocked the ground out from under many enthusiasts' feet. By the end of the year, the situation probably won't improve, and most publicly traded cryptocurrency companies will leave investors with losses.

Investors are getting out: most cryptocurrency companies will bring them losses

One of the world's largest asset managers, Vanguard Group has compared bitcoin to a collectible asset like the viral toy Labooboo, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-12-12/vanguard-equity-quant-says-bitcoin-still-a-digital-labubu-toy-for-now">writes</a>. The token lacks the characteristics such as income, compound interest and cash flow that Vanguard looks for in long-term investments, explained its top manager John Ameriks.

A Vanguard analyst compared bitcoin to popular Labooboo toys

Coinbase follows in the footsteps of Trump Media

Coinbase is preparing to enter a hot new market, Bloomberg has learned. What to do with the stock?

ASML Holding N.V.

SAP SE

SoftBank Group Corp.

The technology sector in Europe and Asia was also pressured by weak sales and earnings figures from US-based Oracle