December 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 […]
Read moreDecember 16, 2025 1:53 pm
Key Moments PayPal has submitted an application to establish “PayPal Bank” as an industrial loan company in the United States. The move would allow PayPal to fund loans directly, hold deposits, and offer interest-bearing savings accounts. Mara McNeill has been named President of PayPal Bank, bringing more than 25 years of financial services experience. Strategic […]
Read moreDecember 16, 2025 12:46 pm
Key Moments Wells Fargo analysts expect a sharp reversal in tight liquidity as the Federal Reserve expands its balance sheet into early 2026. The Fed plans to buy about $40 billion per month in short-dated Treasury bills, with elevated purchases lasting several months. Wells Fargo sees stronger liquidity supporting S&P 500 dip-buying, while tight conditions […]
Read moreDecember 16, 2025 11:31 am
Key Moments Major U.S. exchanges aim for near-continuous weekday trading, with Nasdaq seeking approval for 23-hour sessions. Large banks, including JPMorgan, Bank of America, and Morgan Stanley, weigh technology and risk costs against uncertain revenue. DTCC and Ernst & Young project that 1%-10% of U.S. equity volume could shift to extended hours by 2028, potentially […]
Read moreDecember 16, 2025 10:21 am
Key Moments Deutsche Bank resumed coverage of RWE with a Buy rating and a €50 price target per share, citing a strong fundamental outlook. RWE shares are up 55% this year, delivering the second-best total shareholder return in the SX6P index; Deutsche Bank still sees further upside. Additionally, Deutsche Bank projects 17% upside to 2026 […]
Read moreDecember 16, 2025 9:39 am
Key Moments EDP stock rose 1% in Lisbon after ERSE issued its final decision on 2026 electricity tariffs and 2026-2029 regulatory parameters. ERSE set a 1.0% year-on-year increase in 2026 regulated tariffs for normal low voltage users, with grid access tariffs at €97.5/MWh. The nominal pre-tax rate of return was fixed at 6.70% for 2026, […]
Read moreDecember 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 […]
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