Core Viewpoint - Round-the-clock trading is nearing implementation in U.S. stock markets, but there is a lack of consensus among Wall Street participants regarding this shift [1] Group 1 - The introduction of 24/7 trading could enhance market accessibility and liquidity for investors [1] - Some market participants express concerns about the potential impact on market volatility and the overall trading environment [1] - The move towards continuous trading reflects a broader trend in the financial industry towards increased flexibility and responsiveness to global market demands [1]

Group 1 - Progress in talks to end the war in Ukraine has fueled optimism among traders [1] - A potential deal could lead to the lifting of U.S. sanctions on Russian oil companies [1]

Core Viewpoint - A new White House order aims to increase oversight of proxy advisory firms, reflecting a broader Republican effort to diminish investor influence and enhance the authority of CEOs and corporate governance [1][2]. Group 1: Impact on Proxy Advisory Firms - The order targets major proxy advisers like Institutional Shareholder Services and Glass, Lewis & Co, which play a crucial role in guiding institutional investors on corporate voting [2]. - The directive suggests that proxy firms may prioritize politically motivated agendas over shareholder returns, particularly concerning environmental and social issues [3][5]. Group 2: Shareholder Influence and Corporate Governance - The order could potentially limit shareholder power by complicating the process for investors to exert pressure on companies through proxy campaigns [6]. - Shareholder proposals, which often advocate for measures like CEO pay limits and board director voting, may be at risk if the SEC revises or rescinds existing rules [5][6]. Group 3: Perspectives on ESG Issues - There is a divide among shareholders regarding the relevance of environmental and social governance (ESG) issues to financial performance, with some arguing that strong ESG policies can enhance long-term company value [7]. - The order reflects a belief that issues like diversity and environmental concerns do not correlate with financial outcomes, contrary to the views of many investors and proxy advisers [7].

Core Insights - Three stocks are highlighted with a buy rank and strong income characteristics for investors to consider on December 16 Group 1: Flushing Financial Corporation (FFIC) - Flushing Financial Corporation is a bank holding company for Flushing Bank with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased nearly 6% over the last 60 days [1] - The company has a dividend yield of 5.2%, significantly higher than the industry average of 2.8% [1] Group 2: TIM S.A. (TIMB) - TIM S.A. is a telecommunications company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 7.6% over the last 60 days [2] - The company offers a dividend yield of 4.4%, compared to the industry average of 2.6% [2] Group 3: TriNet Group, Inc. (TNET) - TriNet Group, Inc. is a human capital management services company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 8.7% over the last 60 days [2] - The company has a dividend yield of 1.9%, which is higher than the industry average of 0.0% [3]

Tesla Inc. (NASDAQ:TSLA) is reportedly considering launching the six-seater Model Y L in Europe as sales continue to decline.Model Y L In Europe?Tesla has received approval from the EU to bring the Model Y L to the region, German news outlet Ecomento reported on Monday. The report also suggests that the company may introduce a larger battery pack in the vehicle with 4,600 cells instead of the 4,416 cells currently on offer in China.The company could introduce the model in Europe during the first half of 202 ...

By Douglas Gillison WASHINGTON, Dec 16 (Reuters) - Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees during the first nine months of the year, while two big banks reported sharp declines, according to a Reuters analysis. The data reveals growing industry divergence on ​such fees at a time when broader economic and regulatory shifts make it more likely consumers will encounter them. It also highlights that some banks still rely ‌on ov ...

Soon after ChatGPT’s launch, companies worldwide created task forces dedicated to finding ways to embrace generative AI, a type of AI that can create original content like essays, software code and images through text prompts.Whether these investments can be justified will be determined by companies’ ability to figure out how to use AI to boost revenue, fatten margins or speed innovation. Failing that, the infrastructure build-out could trigger the kind of crash reminiscent of the dot-com bust in the early ...

Core Insights - Amazon's Climate Pledge Fund is investing in Mill Industries to develop a commercial device aimed at reducing food waste at Whole Foods Market [1][5] - The initiative represents the grocery industry's first on-site food waste conversion technology, transforming food scraps into chicken feed [3][4] - Mill's technology is expected to reduce waste volumes by up to 80%, lower transportation costs, and enhance food safety [4][6] Company Collaboration - The partnership between Amazon and Mill aims to create a more circular supply chain, benefiting customers, communities, and the environment [5][8] - Whole Foods Market is set to deploy Mill's automated food recycling infrastructure starting in 2027 [1][3] - Mill's technology will provide insights into food waste management, enabling smarter inventory decisions and operational efficiencies [4][6] Environmental Impact - The collaboration is aligned with Whole Foods Market's goal of cutting food waste in half by 2030 [8] - Mill's approach combines innovative hardware with AI to reduce food waste dramatically, turning waste into a valuable resource [7][8] - The initiative is expected to cut carbon emissions associated with food waste management [5][7]

Core Insights - The global oil market is experiencing an oversupply situation, leading to significant price pressures and potential implications for various stakeholders in the industry [1] Group 1: Market Dynamics - The current oil supply exceeds demand, resulting in a surplus that is affecting pricing strategies across the board [1] - Major oil-producing countries are facing challenges in managing production levels to stabilize prices [1] Group 2: Economic Implications - The oversupply of oil is likely to impact the revenues of oil companies, particularly those heavily reliant on high prices for profitability [1] - Consumers may benefit from lower fuel prices, which could stimulate economic activity in other sectors [1]

Cryptocurrency market liquidity is tightening as a key measure of capital inflows shows a pronounced slowdown ahead of the holiday season. The 60-day market cap change of Tether’s USDT, the world’s largest stablecoin, has dropped from $15.38 billion on November 1 to $4.83 billion as of Monday, according to on-chain analytics platform CryptoQuant. This sharp deceleration in new stablecoin issuance reflects a broader contraction of available capital, signaling that the market is entering a low-volume, low- ...