December 17, 2025 10:23 am
Key Moments OpenAI is reportedly in discussions with Amazon (NASDAQ:AMZN) to raise $10 billion or more, according to The Information. The potential funding round would value OpenAI at over $500 billion, reflecting sustained investor demand for leading AI players. Amazon shares rose 1.4% in premarket trading by 04:53 ET on Wednesday following the report. Reported […]
Read moreDecember 17, 2025 9:53 am
Key Moments Ford Motor canceled a 9.6 trillion won (approximately $7.2 billion) battery supply contract with LG Energy Solution. The original 2024 agreement has now officially ended. LG Energy Solution cited Ford’s EV production halt, policy changes, and revised demand forecasts as the reasons for ending the deal. Overview of the Contract Termination LG Energy […]
Read moreDecember 17, 2025 9:09 am
Key Moments Nvidia plans to construct the largest server farm in Israel. The total project cost will likely reach approximately 4.84 billion shekels ($1.5 billion), covering both building and computing equipment. Nvidia expects to complete the facility roughly 18 months after signing the agreement. Planned Server Farm in Israel Investing.com – Nvidia intends to establish […]
Read moreDecember 17, 2025 8:02 am
Key Moments Robinhood rolled out new player performance-based sports event contracts, expanding beyond game outcome wagers. The expansion comes as regulators in some states seek tighter scrutiny of sports-linked event contracts. Monthly prediction market trading value has risen to over $13 billion from less than $100 million in early 2024, according to a Keyrock and […]
Read moreDecember 16, 2025 3:12 pm
Key Moments Morgan Stanley sees U.S. defense stocks as undervalued relative to projected growth in the defense budget. The bank upgraded L3Harris Technologies and General Dynamics to Overweight, while lowering Lockheed Martin to Equal-weight. Northrop Grumman remains the firm’s top defense pick, supported by its portfolio outlook and trading history. Valuation Case for U.S. Defense […]
Read moreDecember 16, 2025 2:37 pm
Key Moments Kraft Heinz appointed former Kellogg leader Steve Cahillane as CEO, effective January 1, to oversee its planned separation into two independent companies. The split will create a sauces and spreads business and a grocery-focused business, with completion expected by the second half of 2026. Kraft Heinz shares have fallen about 75% from their […]
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