Group 1 - OpenAI is in discussions with Amazon regarding a potential investment that could exceed $10 billion, along with the use of Amazon's chips for OpenAI's technology [1] - Whimo, a self-driving car company, is planning to raise $15 billion in 2026, with a valuation potentially reaching $110 billion, through funding from its parent company Alphabet and outside investors [2] - Spirit Airlines is in negotiations to merge with Frontier Airlines, with a deal possibly being announced by the end of the month, leading to a 4.7% increase in Frontier's shares [3] Group 2 - LAR, a homebuilder, has missed fourth-quarter profit estimates, with co-CEO citing ongoing pressure in the housing market due to affordability issues and declining consumer confidence, resulting in a 4.3% drop in the company's stock [4] - The Trump administration is reportedly working on an executive order aimed at expediting production processes for defense contractors, which may include restrictions on stock buybacks and dividend payments [3]
5 Things To Know: December 17