December 16, 2025 7:56 am
Key Moments Ford recorded a $19.5 billion charge tied to electric-vehicle investments, mainly from canceled EV programs and battery ventures. As a result, the company halted development of its next-generation EV lineup, including a large pickup planned for Tennessee. Meanwhile, Ford plans to invest $2 billion in battery production for energy-storage services over the next […]
Read moreDecember 15, 2025 3:16 pm
Key Moments Morgan Stanley upgraded Hershey to Overweight, noting an earnings recovery not yet reflected in consensus estimates. The firm projects roughly 20% total return, including dividends, as earnings rebound from a period of heavy cost inflation and downward estimate revisions. Analysts expect earnings to reaccelerate sharply from fiscal 2026, with potential for sustained double-digit […]
Read moreDecember 15, 2025 2:40 pm
Key Moments Nvidia introduced a new generation of its open-source “Nemotron” large-language models, touting higher speed, lower operating costs and improved capabilities over earlier versions. The smallest model, Nemotron 3 Nano, was released on Monday, with two larger variants scheduled for launch in the first half of 2026. The rollout comes as open-source models from […]
Read moreDecember 15, 2025 1:55 pm
Key Moments Western Digital Corp. (NASDAQ:WDC) gained 1.7% after Nasdaq named it to the Nasdaq-100 Index during the annual reconstitution. At the same time, Nasdaq added six companies, including Seagate Technology Holdings (NASDAQ:STX) and Alnylam Pharmaceuticals (NASDAQ:ALNY), while removing six others such as Biogen (NASDAQ:BIIB) and lululemon athletica (NASDAQ:LULU). The updated Nasdaq-100 composition will take […]
Read moreDecember 15, 2025 1:44 pm
Key Moments Phillips 66 projected higher overall spending in 2026 compared with the current year. The U.S. refiner expects increased disbursements in its midstream and refining segment. Total spending is forecast at $2.4 billion for 2026 versus $2.1 billion projected for this year. Spending Outlook for 2026 Phillips 66 said on Monday that it anticipates […]
Read moreDecember 15, 2025 11:01 am
Key Moments U.S. stock index futures rose, with Dow Jones Futures up 205 points, S&P 500 Futures up 32 points, and Nasdaq 100 Futures up 123 points at 05:30 ET (10:30 GMT). Markets are bracing for key U.S. economic releases, including the November jobs report and consumer price index. This follows last week’s 25-basis point […]
Read moreDecember 15, 2025 8:37 am
Key Moments Major European equity benchmarks traded modestly higher. Germany’s DAX and France’s CAC 40 each rose 0.4%, while the U.K.’s FTSE 100 gained 0.5%. The European Central Bank and Bank of England will deliver policy decisions this week. Several other central banks and key U.S. economic releases are also on the agenda. Oil prices […]
Read moreDecember 15, 2025 7:58 am
Key Moments Jefferies expects U.K. disposable income growth to slow to 1.9% in fiscal 2026/27 from 2.6% the previous year. Tesco and Next are downgraded to Hold, while Associated British Foods is cut to Underperform on sector and company-specific pressures. Marks & Spencer remains Jefferies’ only Buy-rated U.K. retail stock and its top pick in […]
Read moreDecember 12, 2025 2:36 pm
Key Moments Lululemon Athletica’s shares climbed 10% in premarket trading after announcing a CEO transition and renewed focus on growth and transformation. Outgoing CEO Calvin McDonald is set to step down on January 31 after about seven years, as the company struggles with slowing U.S. momentum and rising competition. Founder Chip Wilson criticized the board […]
Read moreDecember 12, 2025 2:17 pm
Key Moments Wells Fargo moved up to eighth place in the global M&A league table by volume this year, from 17th in 2024, according to preliminary Dealogic data. The bank has hired more than 125 managing directors across corporate and investment banking since 2019, with plans to keep expanding. Wells Fargo’s stock has gained almost […]
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