Home prices just turned negative for first time in 2 years, stirring fears of 2008-style crash. Shockproof your wealth
Yahoo Finance· 2025-12-17 13:11
If you share these concerns, now may be a good time to start preparing.And Wright isn’t the only one sounding alarms. “Rich Dad, Poor Dad” author Robert Kiyosaki has also warned that the “biggest crash in history” is beginning — adding that “residential real estate crashes” in this scenario as well.When asked how far prices would need to fall to restore balance, Wright didn’t mince words: “It's going to be near your 50% — and much greater in certain areas.”“I think we're going to correct all the way to a po ...
OpenAI and Amazon in talks for $10 billion funding deal
Yahoo Finance· 2025-12-17 13:10
OpenAI is in talks with Amazon for a $10 billion investment from the e-commerce giant, according to a new report, in a deal that could also let the ChatGPT maker use Amazon's AI chips. Reuters, citing an unnamed source familiar with the matter, reports that the funding deal is not yet finalized and discussions remain fluid, but that it would value OpenAI at about $500 billion. OpenAI completed a restructuring in October that was designed to give it more freedom to pursue deals like this to raise capital ...
Unemployment rate rises, Tesla's 2025 turnaround, Siri's AI upgrade and more in Morning Squawk
CNBC· 2025-12-17 13:10
Market Overview - The S&P 500 experienced its third consecutive day of losses, influenced by recent jobs data indicating low hiring and firing rates, which did not significantly alter expectations for a potential interest rate cut in January [1][5]. Tesla - Tesla's shares rose by 3%, achieving new intraday and closing highs, driven by optimism surrounding the company's robotaxi initiatives [2][3]. - Year-to-date, Tesla's stock has increased by 21%, recovering from a 36% decline in the first quarter, following CEO Elon Musk's announcement of testing driverless vehicles in Austin [3]. - However, Tesla faces challenges as a California judge ruled its marketing of "Autopilot" and "Full Self-Driving" features as deceptive, with a 60-day deadline to address the issues or risk a sales license suspension [4]. Warner Bros. Discovery - The board of Warner Bros. Discovery unanimously advised shareholders to reject Paramount Skydance's takeover bid, labeling the offer as "inadequate" [4]. - Paramount's hostile bid followed Netflix's announcement of a $72 billion deal for Warner Bros. Discovery's film and streaming assets, which was characterized by a compelling cash offer and high termination fee [4][6]. Affordable Care Act - The U.S. House Speaker announced that there would be no vote on extending enhanced Affordable Care Act tax credits this week, likely leading to the expiration of these subsidies at year-end [7][8]. - Approximately 22 million Americans benefit from these enhanced subsidies, and their expiration could result in average premium increases of over 100% next year [8]. Apple - Apple has plans to launch an upgraded version of its AI voice assistant, Siri, in 2026, after delaying the original release scheduled for 2025 [10][11]. - This upgrade is viewed as a strategic move for Apple to compete with other major players in the AI space, such as OpenAI and Google [11]. Luxury Market - Auction prices for iconic Birkin and Kelly bags are declining, attributed to reduced demand from aspirational luxury consumers facing inflation and a slowing labor market, alongside an increase in secondhand Birkins available [12].
Electronics firm Jabil forecasts upbeat annual results on booming data center demand
Reuters· 2025-12-17 13:08
Core Insights - Jabil forecasts annual revenue and profit exceeding Wall Street estimates, driven by demand for data centers fueled by artificial intelligence [1] Group 1: Company Performance - Jabil anticipates strong financial performance, with revenue and profit projections above market expectations [1] Group 2: Market Trends - The company aims to leverage the increasing demand for electronic components in data centers, particularly due to the rise of artificial intelligence applications [1]
Moody's Ratings Upgrades Diebold Nixdorf's Credit Rating to B1
Prnewswire· 2025-12-17 13:07
NORTH CANTON, Ohio, Dec. 17, 2025 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Moody's Ratings (Moody's) upgraded the credit ratings of Diebold Nixdorf, Incorporated, to B1 from B2 with a stable outlook. According to Moody's, the upgrade reflects the company's improved leverage, strengthened liquidity position and consistent positive free cash flow in 2025. Moody's also recognized Diebold Nixdorf's leading market share in the ...
What Makes Mayville Engineering Company (MEC) a Good Long-Term Holding?
Yahoo Finance· 2025-12-17 13:05
Riverwater Partners, an investment management company, released its “Micro Opportunities Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. The strategy reported solid absolute returns in the quarter but lagged the benchmark as it did not keep pace with the strong rally. The strategy continues to focus on quality companies in the volatile environment. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-quarter 2025 investor ...
How Much Cash Women Really Have Saved — and Why It Falls Short
Yahoo Finance· 2025-12-17 13:05
More than 1 in 5 women have no cash savings at all — and even those who do may not have enough. A recent Fidelity study found that women have an average of $54,000 saved, compared to $62,000 for men. But with rising costs, economic uncertainty and the gender pay gap, that cushion might not go as far as you think. Read Next: 6 Things You Must Do When Your Savings Reach $50,000 Be Aware: 4 Surprising Things That Could Impact Your Wallet If a Recession Hits In this “Financially Savvy Female” column, we’re c ...
Critical Infrastructure Technologies Executes a Confidentiality Agreement with Aegis Critical Energy Defence Corp.
Thenewswire· 2025-12-17 13:05
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Non-Disclosure Agreement (NDA) with Aegis Critical Energy Defence Corp. to explore collaboration opportunities in secure energy and digital platforms [1][2][3] Group 1: Agreement Details - The NDA allows both companies to exchange confidential information and assess potential collaboration in areas such as secure energy, digital platforms, and critical infrastructure applications [2][3] - The agreement does not commit either party to a transaction but facilitates structured discussions while protecting proprietary information [3] Group 2: Company Profiles - Aegis Critical Energy Defence Corp. specializes in advanced battery energy storage systems for various applications, including defence and critical infrastructure [5] - CiTech focuses on developing autonomous, high-capacity mobile communications technology, targeting sectors like mining, defence, and emergency services with its product, the Nexus 16 [7] Group 3: Strategic Importance - The collaboration aims to align the capabilities of both organizations in secure energy and digital domains, which is crucial for regulated and critical infrastructure environments [4] - Aegis emphasizes its commitment to delivering secure energy systems through partnerships with Indigenous communities and global technology leaders [5][6]
StorONE Announces Technology Partnership and Hardware Validation with HPE
Globenewswire· 2025-12-17 13:05
Core Insights - StorONE's platform has been validated through the HPE Partner Ready for Technology Partner Program, confirming its seamless performance on HPE ProLiant Gen11 servers [1] - The integration with HPE GreenLake provides unified visibility and simplified management across on-premises and hybrid cloud environments [3] Company Overview - StorONE offers a cost-efficient enterprise storage platform designed to meet modern economic and security challenges, leveraging intelligent auto-tiering to reduce flash dependency while delivering enterprise-class performance [6][7] - The platform supports all major storage protocols and operates on any server and disk media, providing flexibility and freedom from vendor lock-in [7] Product Features - The unified architecture of StorONE converges block, file, and object services on one platform, featuring AI Smart Auto-Tiering that optimizes data placement and integrated data protection for resilience [2] - Key advantages include resilient data protection with direct-to-disk writes, flexible per-volume erasure coding, and over one hundred thousand immutable snapshots per volume [4] - Significant cost reduction is achieved through AI-enabled Smart Auto-Tiering, which can lower storage spending by up to sixty percent and drive utilization rates up to ninety-five percent [8] Market Demand - The validation from HPE reflects the current market demand for modern storage solutions that provide high performance without the need for all-flash architectures, especially as flash prices rise [5]
Paramount just didn't measure up to Netflix on its bid: Warner Bros. chairman Samuel Di Piazza

Youtube· 2025-12-17 13:05
Core Insights - The board of Warner Brothers expressed concerns regarding the financing proposals from Larry Ellison, indicating a lack of confidence in the guarantees provided for the deal [2][4][6] - Netflix's offer was highlighted as more compelling due to its cash-heavy structure, certainty of closing, and a high termination fee, which addressed operational issues that the board was concerned about [3][6] - The board emphasized the importance of having a reliable equity stack and direct communication with key stakeholders to ensure deal closure, which was not adequately addressed in Ellison's proposals [4][5][10] Financing Concerns - The board questioned the reliability of financing from one of the wealthiest individuals, citing that no guarantees were made in the proposals that would ensure the deal's success [2][4][6] - Investors perceived the $30 per share cash offer from Ellison as attractive, but the board remained cautious about the potential risks associated with the financing structure [7][8] Shareholder Sentiment - Shareholders expressed satisfaction with the board's decision, indicating a positive reception to the strategic changes being implemented after a prolonged period of uncertainty [9][10] - The board acknowledged the need for change and the importance of delivering value to investors, which led to the decision to pursue a spin-off [9][10]