Joining us here at Post9 today, Steve Sosnik, chief strategist at Interactive Brokers, has a 6,500 year-end target for the S&P in 2026. That's a curious number, Steve. Good to have you. >> Good to see you.>> What What would lead us to that. >> A lot of a confluence of different factors. First of all, I'm an inherent contrarian, so let me start with that.And I I I I believe I'm kind of an outlier and I'm in being a little lower, but history, I think, is it points to caution. number one, secondyear presidenti ...

Core Insights - Wall Street banks are positioned to benefit significantly from Warner Bros. Discovery's (WBD) potential sale to either Netflix or Paramount Skydance, with a total of $225 million in fees expected to be paid to advisors if a deal is finalized [1][2]. Group 1: Deal Dynamics - WBD is currently evaluating competing offers from Netflix, which aims to acquire its studio and streaming business, and Paramount, which has made a bid for the entire company, including cable TV channels [2]. - WBD's board has expressed continued support for Netflix's offer following a hostile bid from Paramount [2]. - The advisory firms involved in the bidding process have played a crucial role in board meetings, negotiations, and evaluations of the offers [2][7]. Group 2: Advisory Fees - The fee structure for the advisory firms includes significant contingent payments, with Allen & Co. and J.P. Morgan each set to receive $85 million, of which $45 million and $50 million, respectively, are contingent on a successful deal [11]. - Evercore is expected to receive $55 million, also contingent on the deal's completion [11]. Group 3: Market Context - The investment banking sector has seen a surge in activity, particularly in media and telecom mergers and acquisitions (M&A), with a reported 61% increase in deal value from the second half of 2024 to the second half of 2025, excluding the WBD sale [9]. - PwC anticipates that robust M&A activity will persist in the coming years as investors seek value in content libraries, video games, and sports assets [10].

New York, New York--(Newsfile Corp. - December 17, 2025) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Stride, Inc. (NYSE: LRN) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Stride caused the company to misrepresent or fail to disclose that Stride was: (1) inflating enrollment numbers by retaining "ghost students"; (2) cutting staffing costs by assigning teachers' caseloads far beyon ...

Investor Ray Dalio will become the latest business executive to donate cash for President Donald Trump's investment account for kids. Treasury Secretary Scott Bessent announced on Wednesday that Dalio will be donating seed money for Connecticut kids under a new Trump administration initiative to rally philanthropists around the program. "Ray has made the first move, but we welcome other donors and foundations in Connecticut and across the country to join him in the 50 State Challenge," Bessent said at a ...

Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation beneficially owned by him, sold 14,868,200 common shares (Shares) of Amex Exploration Inc., through a private agreement, at $4.00 per Share for total consideration of $59,472,800. Prior to the disposition, Mr. Sprott beneficially owned and controlled 14,868.200 Shares and 435,000 Share purchase warrants (Warrants), representing approximately 10.5% of the outstanding Shares on a no ...

Gap Inc (NYSE:GAP) stock is up 2.3% to trade at $27.72 at last glance, after Baird and Telsey Advisory upgraded the retailer to "outperform" from "neutral" and "market perform," respectively. The latter hiked the security's price target to $32 from $26, and the former to $33 from $27.GAP earlier broke above $28 to hit its highest level since May. The stock is now on track for a third-straight gain and sports a 17.1% year-to-date lead. A short squeeze could pad those gains; short interest is rapidly unwindi ...

Key Takeaways CRWD's Falcon Flex ARR reached $1.35B in Q3 fiscal 2026, more than tripling from last year.Falcon Flex speeds adoption, with more than 200 customers expanding contracts and some doubling spending.The model supports growth across cloud, identity and endpoint security via easier multi-module adoption.CrowdStrike’s (CRWD) Falcon Flex model continues to grow quickly and is becoming a central part of the company’s expansion strategy. In the third quarter of fiscal 2026, Annual Recurring Revenue (AR ...

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...

India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%, a move that will help insure more people in the world’s most populous country.The increase in the FDI limit could boost investments and improve insurance penetration in the country, which stood at 3.8% of GDP in 2024, according to research firm Swiss Re Institute. “The amendments are expected to further strengthen job creation, skill development and formal employment,” Finance Ministe ...