US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains
Invezz· 2025-12-19 19:41
Core Viewpoint - US stocks showed resilience on Friday, driven by Nvidia and other AI-focused semiconductor companies, leading to a tech-led rebound in the market [1] Group 1: Market Performance - The Nasdaq Composite index experienced a significant increase, reflecting strong performance from technology stocks [1] - The S&P 500 and Dow Jones also advanced, indicating a broader market recovery alongside the tech sector [1] Group 2: Sector Focus - Nvidia and other AI-focused semiconductor companies were pivotal in driving the market rebound, highlighting the growing importance of AI technology in the investment landscape [1]
CARMAX IMPORTANT DEADLINE: ROSEN, A LONGSTANDING LAW FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important January 2 Deadline in Securities Class Action First Filed by the Firm – KMX
Globenewswire· 2025-12-19 19:41
NEW YORK, Dec. 19, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of CarMax, Inc. (NYSE: KMX) between June 20, 2025 and November 5, 2025, both dates inclusive (the “Class Period”) of the important January 2, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased CarMax securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or co ...
Why Rivian Automotive Stock Keeps Going Up
The Motley Fool· 2025-12-19 19:40
Rivian grew sales nicely in Q3, but growing sales in 2026 could be harder -- even with a new electric SUV to sell.For the second day in a row, shares of Rivian Automotive (RIVN +8.41%) stock climbed higher Friday -- up 10.5% through 2:20 p.m. ET -- and for the same reason as yesterday:A Wall Street analyst is raising its price target on Rivian. Why Wall Street loves RivianYesterday, Baird analyst Ben Kallo raised his price target on Rivian stock from $14 to $25. Kallo cited Rivian's upcoming introduction of ...
Merck Reaches Agreement With U.S. Government to Expand Access to Medicines and Lower Costs for Americans
Businesswire· 2025-12-19 19:39
RAHWAY, N.J.--(BUSINESS WIRE)--Merck Reaches Agreement With U.S. Government to Expand Access to Medicines and Lower Costs for Americans. ...
Starbucks brings in new chief technology officer from Amazon Grocery
CNBC· 2025-12-19 19:38
Anand Varadarajan, Amazon Vice President of product and technology and worldwide grocery stores speaks during the Delivering the future conference in Mt. Juliet, Tennessee, on October 9, 2024.Starbucks announced Friday that it has hired its new chief technology officer, Amazon veteran Anand Varadarajan. Varadarajan, who spent nearly 19 years at Amazon, most recently led technology and supply chain for the tech giant's worldwide grocery stores business.Varadarajan, who also previously held software engineeri ...
Christopher Waller has ‘strong interview' with Trump for Fed chair job: report
New York Post· 2025-12-19 19:37
Core Insights - President Trump is actively interviewing candidates to succeed Fed Chairman Jerome Powell, with Federal Reserve Governor Christopher Waller being a prominent contender [1][4][6] - The candidate list has been narrowed down to four individuals: Waller, National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, and BlackRock's Rick Rieder [4][5] - Trump's discussions with Waller focused on the labor market and job creation, indicating a broader economic agenda rather than solely interest rate policies [7][8] Candidate Evaluation - Waller had a "strong interview" with Trump, emphasizing the importance of the labor market and job creation [1][3] - Hassett and Warsh have already been interviewed, while Waller and Rieder are the final candidates yet to complete the interview process [5] - Rieder is scheduled for an interview with Trump at Mar-a-Lago in the last week of the year [4] Economic Focus - Trump's conversations with candidates are described as "broad-based across a series of economic issues," countering the narrative that he seeks a Fed chair who will strictly follow his directives on interest rates [7][8] - In a recent speech, Trump indicated that the next Fed chair would support significantly lower interest rates, which he believes will lead to reduced mortgage payments [10] - Waller has expressed a belief that interest rates could decrease by 50 to 100 basis points and has voiced concerns about a weakening labor market [11]
Bitmine Invites Stockholders to Attend its Annual Meeting Held in Las Vegas on January 15, 2026; Encourages Stockholders to Cast Their Votes
Prnewswire· 2025-12-19 19:37
Stockholders have been notified of the Annual Meeting through mail, telephone/text, and email communications Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH ...
Did You Lose Money in Your Blue Owl Capital Inc. Investment? Contact Robbins LLP for Information About Your Rights Against OWL.
Businesswire· 2025-12-19 19:37
SAN DIEGO--(BUSINESS WIRE)---- $OWL #BlueOwl--Robbins LLP reminds stockholders that a class action was filed on behalf of Blue Owl Capital Inc. (NYSE: OWL) investors. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What is the class period? February 6, 2025 – November 16, 2025 What are the Allegations? Robbins LLP is Investigating Allegations that Blue Owl Capital Inc. (OWL) Misled Investors Regarding its Business Prospects According to the complain ...
Fatburger Owner Faces Allegations It Masked Liquidity Crunch
MINT· 2025-12-19 19:35
(Bloomberg) -- One of FAT Brands Inc.’s shareholders is suing the restaurant-chain owner for allegedly hiding the true extent of its debt amid a darkening financial outlook that saw its stock hit a multiyear low this week.The company, which owns Fatburger and Johnny Rockets, resorted to high-interest loans known as merchant cash advances as its finances deteriorated, according to a pair of complaints filed in Delaware Chancery Court since late November. The shareholder accuses FAT Brands of misrepresenting ...
Is OpenDoor Yesterday's News?
Yahoo Finance· 2025-12-19 19:35
Key Points The meme stock craze around Opendoor seems to be over. New CEO Kaz Nejatian is overhauling the company's strategy. The company seems likely to struggle as long as the housing market is weak. 10 stocks we like better than Opendoor Technologies › Opendoor Technologies (NASDAQ: OPEN) dazzled investors this summer after the stock jumped from $0.51 to more than $10 in less than three months, gaining more than 2,000%. Several factors played into that rally. First, the stock gained interest ...