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U.S. Equities Extend Year-End Momentum in Light Holiday Trade

December 22, 2025 3:00 pm
Key Moments Major U.S. equity benchmarks opened higher, with the S&P 500 up 0.5% to 6,870.10, building on its strongest session in nearly a month. Investors are monitoring a delayed third-quarter GDP release and December consumer confidence data in a week marked by thin holiday trading. Renewed optimism around AI-related technology stocks and growing expectations […] Read more

Ellison Pledges Massive Equity Backstop to Reinforce Paramount’s Pursuit of Warner Bros Discovery

December 22, 2025 2:22 pm
Key Moments Larry Ellison agreed to personally guarantee $40.4 billion in equity financing to support Paramount Skydance’s $108.4 billion all-cash bid for Warner Bros Discovery. Meanwhile, Paramount kept its $30-per-share offer unchanged, raised its reverse termination fee to $5.8 billion, and extended the tender deadline to January 21, 2026. However, Warner Bros urged shareholders to […] Read more

Tech Strength Lifts U.S. Futures as Corporate Headlines Drive Premarket Moves

December 22, 2025 1:31 pm
Key Moments S&P 500 and Nasdaq 100 futures traded higher in early U.S. hours as investors showed renewed interest in technology stocks. Tesla (NASDAQ: TSLA), UniFirst (NYSE: UNF), and Clearwater Analytics (NYSE: CWAN) all advanced in premarket action on deal and legal news. Honeywell International (NASDAQ: HON) edged lower after updating its 2025 outlook to […] Read more

Italian Regulator Hits Apple With Major Fine Over App Tracking Rules

December 22, 2025 12:52 pm
Key Moments Italy’s competition authority fined Apple, Apple Distribution International and Apple Italia €98 million for alleged abuse of dominance in the iOS app distribution market. Regulators said Apple’s App Tracking Transparency framework forces developers to seek duplicate user consent, exceeding privacy law requirements. The ruling followed a joint probe with the European Commission and […] Read more

FTSE 100 Softens as Pound Climbs on Steady UK Growth Data

December 22, 2025 9:54 am
Key Moments The FTSE 100 was down about 0.4% as of 0923 GMT, while GBP/USD was up 0.2%, moving above $1.34. Final third-quarter 2025 UK GDP confirmed 0.1% quarter-on-quarter growth, with a notable shift away from government-driven expansion. Harbour Energy’s $3.2 billion deal, GSK’s U.S. pricing agreement, Uber-Baidu’s UK robotaxi trials, and AstraZeneca’s LATIFY trial […] Read more

Coty Names Markus Strobel to Lead Board and Serve as Interim CEO

December 22, 2025 8:56 am
Key Moments Coty Inc (NYSE:COTY) appoints Markus Strobel as executive chairman and interim CEO. Strobel assumes responsibilities previously held by Peter Harf and Sue Nabi. The beauty, cosmetics, and fragrance company announced the leadership change on Monday. Leadership Transition at Coty On Monday, Coty Inc (NYSE:COTY) named Markus Strobel as its new executive chairman and […] Read more

Interactive Brokers Seeks National Trust Bank Charter Amid Fintech Licensing Wave

December 22, 2025 8:22 am
Key Moments Interactive Brokers (NASDAQ: IBKR) submitted an application on December 20 to the OCC for a US national trust bank charter. The proposed Interactive National Trust Bank would provide custodial and securities lending services to mutual funds and exchange-traded funds. More than 30 firms have applied for US banking licenses this year, as fintechs […] Read more

Asian Equities Climb as AI Momentum Lifts Risk Appetite

December 22, 2025 7:19 am
Key Moments Major Asian benchmarks advanced, led by a 1.8% rise in Japan’s Nikkei 225 to 50,402.39 on strong semiconductor and AI-related gains. The Japanese yen remained weak around 157.40 per dollar despite the Bank of Japan’s rate hike to a 30-year high, prompting a warning from currency regulators. A rebound in U.S. technology names […] Read more

Conagra Absorbs $968 Million Charge While Holding Firm on Annual Outlook

December 19, 2025 3:18 pm
Key Moments Despite a soft quarter, Conagra maintained its full-year sales and earnings guidance. However, the company reported a $663.6 million quarterly net loss. This loss stemmed from a $968 million non-cash impairment charge tied to a prolonged share price decline. Meanwhile, quarterly volumes dropped 3% and net sales fell 6.8% to $2.98 billion. Adjusted […] Read more