Medline to Weigh Marketing $5 Billion IPO as Soon as Monday

Silver prices have stabilized near record highs after a significant rally of approximately 17% over the past week, driven by traders betting on lower interest rates and ongoing supply constraints in the market. Gold prices remained relatively flat during this period.

US Defense Secretary Pete Hegseth has defended the legality of recent US military strikes on boats suspected of drug smuggling in the Caribbean, amidst growing backlash regarding these actions. The invocation of the 'fog of war' suggests complexities in military engagement and the challenges of distinguishing between legitimate targets and civilian vessels.

Vikram Malhotra, a senior partner at McKinsey, discussed the increasing rate of CEO turnover during an appearance on Bloomberg's 'The Close,' emphasizing the need for companies to proactively plan for leadership transitions. He highlighted the impact of artificial intelligence and performance pressures on these changes.

Oil prices have continued to decline as traders assess the implications of ongoing high-level discussions between the U.S. and Russia regarding the Ukraine conflict. The market remains cautious amid persistent attacks on Russian energy assets, which contribute to uncertainty about future oil supply and demand dynamics.

Shaun Donovan, CEO of Enterprise Community Partners and former HUD Secretary, stated that the affordability crisis in the U.S. has reached unprecedented levels, marking it as the nation's top economic issue. He made these remarks during an interview with Katie Greifeld and Romaine Bostick on Bloomberg's 'The Close.'

More shipments of US soybeans to China are expected to occur through mid-December, reflecting a positive trend in agricultural trade between the two nations. This increase is significant as it indicates a strengthening of trade relations and a response to demand in the Chinese market.

Check Point Software Technologies Ltd. is set to raise $1.5 billion through the issuance of a five-year zero-coupon convertible bond, with a portion of the proceeds earmarked for share buybacks.

UltraGreen.ai is set to begin trading on Wednesday morning in Singapore, marking the largest initial public offering in the city-state since 2017, excluding real estate investment trusts. The IPO raised $400 million, highlighting the company's significant entry into the market.