Check out the companies that are trending in intraday trading: KULR Technology Group — The space technology company soared more than 26% after buying 217.18 Bitcoins worth about $21 million. The cryptocurrency purchase was the company’s first since announcing a new Bitcoin treasury initiative on December 4, the day Bitcoin reached the $100,000 level for the first time. KULR plans to take a page from MicroStrategy’s playbook and allocate up to 90% of its surplus cash to Bitcoin. HONDA — The U.S.-listed stock rose 4%, continuing its gains after Honda announced formal merger talks with fellow Japanese automaker Nissan earlier this week. This increase brings the week-to-date rise to more than 18%. Toyota Motor Corporation — Shares rose more than 8% after the Nikkei newspaper reported, citing unnamed executives, that the company plans to double its return on equity (ROE) target to 20%. Alibaba — Shares of the e-commerce giant rose about 1% following the announcement of a joint venture with South Korean retailer Shinsegae. Alibaba stock is still down more than 1% in December. GameStop — Shares of the video game retailer rose about 4%, extending gains from Tuesday. GameStop has risen for the fourth day in a row and is up nearly 85% year-to-date. Cryptocurrency stocks — Stocks linked to the price of Bitcoin cut losses early, but were still under pressure from cryptocurrencies. Bitcoin is hovering around the $96,000 level, down about 11% from its all-time high. Coinbase stock fell nearly 2%, and MicroStrategy fell about 3%. Miners Mara Holdings and Airen each fell more than 2%. Broadcom — Broadcom stock is up nearly 3%, building on strong gains from the start of the year through December. The stock is up about 51% this month, hitting new highs. In 2024, the stock price rose 119%. Assembly Biosciences — The biotech stock soared 4% after the company reported “encouraging” results in a clinical trial to treat chronic hepatitis B. We are currently accepting registration for the second batch of students. Kewaunee Scientific — The healthcare products maker rose 3% after Chief Financial Officer Donald Gardner disclosed the sale of 2,000 shares of common stock. Following the sale, Gardner will beneficially own 22,600 shares. —CNBC’s Pia Singh, Tanaya Macheel, Jesse Pound, Sean Conlon and Samantha Subin contributed reporting.