📈 Today's Leading Market Themes and Surge Stocks Analysis Report

This report analyzes the input unstructured stock data, classifying it into three core themes based on industrial relevance and technical patterns: [Digital Finance & Fintech], [Deep Tech & Software], and [Regulatory Shift & Cannabis].

1. 💳 Digital Finance & Fintech

Sector Summary
Partnership expansions with traditional financial firms (Visa, Amazon, etc.) are acting as key momentum drivers, and the acceleration of payment infrastructure into the mainstream is leading investor sentiment.

Stock Name	Price	Supply/Demand Highlights	Technical Analysis
Circle Internet Group (CRCL)	83.40	Visa Partnership Signed	Technical indicators pending (Upward trend)
Affirm Holdings (AFRM)	73.80	Surge in Black Friday usage	Amazon partnership extended (to 2031)

Summary of Issues by Stock

Circle Internet Group (CRCL):
- Visa Collaboration: Visa's introduction of USDC stablecoin settlement services in the U.S. accelerates entry into traditional finance.
- Tech Momentum: Announcements of proprietary technology advancements and key acquisitions are positively influencing sentiment.
- Risk: High volatility observed over the last two years and issues regarding insider selling exist.
Affirm Holdings (AFRM):
- Partnership Extension: The partnership with Amazon has been extended by approximately 5 years, until January 2031.
- Strong Performance: BNPL (Buy Now, Pay Later) usage volume hit an all-time high during Black Friday and Cyber Monday.
- Concerns Alleviated: The CFO emphasized business stability by pointing out tracking errors in external data regarding transaction volumes.

2. 🧬 Deep Tech & Software - [Cup & Handle / J Pattern]

Sector Summary
Driven by expectations for the commercialization of advanced technologies such as AI and quantum computing, this sector has been identified with technical rebound signals forming a 'J Pattern (Cup & Handle)' on the charts.

Stock Name	Price	Supply/Demand Highlights	Technical Analysis
ServiceTitan (TTAN)	106.10	Target prices raised by major institutions	J Pattern (Cup & Handle) Completed
BTQ Technologies (BTQ)	13.79	Inclusion in ETF & MSCI Index	J Pattern (Cup & Handle) Forming

Summary of Issues by Stock

ServiceTitan (TTAN):
- Earnings Surprise: Q3 2025 earnings significantly beat expectations, leading to raised guidance for 2026.
- AI Leadership: Integrating AI and fintech features into its cloud platform for construction/HVAC is expanding market dominance.
- Supply Caution: Profit-taking following recent rallies and insider stake sales have been observed.
BTQ Technologies (BTQ):
- Index Effect: Inclusion in the Defiance Quantum ETF and MSCI Canada Small Cap Index is expected to drive passive inflows.
- Tech Progress: Proven technological capabilities through the launch of NVIDIA CUDA-Q compatible solutions and research on quantum-secure Bitcoin.
- Technical Resistance: Caution is needed due to trading below the 200-day moving average and volatility from short-term profit-taking.

3. 🌿 Regulatory Shift & Cannabis

Sector Summary
With the possibility of U.S. administration policy changes (drug rescheduling) being raised, expectations for regulatory barrier relief and tax benefits across the industry are triggering a surge in stock prices.

Stock Name	Price	Supply/Demand Highlights	Technical Analysis
Tilray Brands (TLRY)	13.73	Buying pressure due to policy expectations	Short-term surge pattern

Summary of Issues by Stock

Tilray Brands (TLRY):
- Trump Executive Order: Strong upward momentum driven by news that the administration is considering an executive order to reschedule marijuana under federal law.
- Market Expansion: Expectations for fundamental improvements, including reduced tax burdens and expansion of the medical market upon deregulation.
- Business Diversification: Holds a strong portfolio as the 4th largest craft beer manufacturer in the U.S. and a global leader in the cannabis market.