Tesla trades at new record highs, AI stocks CoreWeave and Oracle under scrutiny
Youtube· 2025-12-16 16:14
Good Tuesday morning and welcome to opening bid. I'm YF's executive editor Brian Sazi. I am moments away from a big chat on the future of oil with the CFO of Philip 66.The company has spent a good chunk of this year trying to fend off or a feared activist investor uh in Elliot Management. I'll drill into what this company has planned for 2026 with oil prices well off their annual highs. Here's a rapid fire on what I'm thinking about right now, though.The jobs numbers for November are out, showing an increas ...
Visa Begins US Stablecoin Settlement via USDC on Solana
Yahoo Finance· 2025-12-16 16:13
Visa is expanding its stablecoin pilot to include settlements in the United States using Circle's USDC on the Solana blockchain. The expansion will allow U.S. acquirer and issuer partners of the payments giant to settle in USDC, starting with initial banking partners Cross River Bank and Lead Bank. The firm is expecting a broader rollout in 2026. “Visa is expanding stablecoin settlement because our banking partners are not only asking about it—they’re preparing to use it,” said Visa’s Global Head of Grow ...
Asante Gold Increases Previously Announced Bought Deal Private Placement to C$156 Million
Globenewswire· 2025-12-16 16:13
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (TSX-V: ASE | GSE: ASG | OTCQX: ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an agreement with BMO Capital Markets ("BMO"), pursuant to which BMO has agreed to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together with BMO, the "Underwriters"), t ...
Snowflake Rival Databricks Raising New Funds At $134 Billion Valuation For AI Startup
Investors· 2025-12-16 16:11
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Viasat Launches Advanced Global Ka-band Network for Government SATCOM
ZACKS· 2025-12-16 16:11
Key Takeaways Viasat unveiled a unified global Ka-band SATCOM network for government and military customers.VSAT's network integrates its satellites, Global Xpress assets and partner systems into one architecture.Viasat's Ka-band network delivers up to 200 Mbps speeds with enhanced resilience and global coverage.Viasat, Inc. (VSAT) announced a major upgrade to its network capabilities for government and military customers. The company is unifying its Viasat Ka-band satellites, the Global Xpress satellite fl ...
Transcat (TRNS) Soars 5.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-12-16 16:11
Transcat, Inc. (TRNS) shares rallied 5.4% in the last trading session to close at $59.24. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.5% gain over the past four weeks.The uptrend in shares was primarily attributable to optimism regarding a likely rebound in the sagging stock prices owing to a holistic growth model. It is focused on providing best-in-class services and products to pharmaceutical, biotech ...
4 Tech Stocks That Doubled in 2025 With More Room to Run
ZACKS· 2025-12-16 16:11
Key Takeaways MU, CLS, COMM and ASTS each gained more than 100% in 2025, fueled by strong tech demand and innovation.CLS and MU saw sharp EPS estimate hikes as AI drove demand for compute, storage, and networking gear.COMM and ASTS surged on 5G, satellite tech and product rollouts addressing high-bandwidth global coverage.The outgoing year witnessed some of the intense volatilities in the equity market in recent memory due to incessant threats of tariffs and counter-tariffs on one hand and market resilience ...
Phillips 66 Unveils $2.4 Billion Capital Spending Plan for 2026
ZACKS· 2025-12-16 16:11
Key Takeaways PSX plans $2.4B in 2026 capital spending, up from $2.1B in 2025, signaling stronger focus on core operations.PSX allocates $1.1B to midstream, backing NGL plants, pipelines and a proposed fractionator. PSX earmarks $1.1B for refining, sustaining work, and the Humber gasoline quality project starting in 2027.Phillips 66 (PSX) , released a glimpse of its $2.4 billion capital budget for 2026, of which $1.1 billion is allocated to maintenance capital and the remaining $1.3 billion for growth capit ...
KYTX Stock Rallies 23% on Upbeat Stiff Person Syndrome Study Data
ZACKS· 2025-12-16 16:11
Key Takeaways KYTX surged 23% after its registrational phase II KYSA-8 study met the primary endpoint in SPS.Kyverna Therapeutics reported a 46% median T25FW improvement, with 81% of patients exceeding a 20% gain.KYTX showed broad functional gains, 67% shed walking aids by Week 16 with a manageable safety profile.Shares of Kyverna Therapeutics (KYTX) surged 23.2% on Monday after the company reported positive top-line data from a registrational mid-stage study of its investigational candidate, mivocabtagene ...
Mouser Electronics Shares Insights on Industrial Automation in New eBook from STMicroelectronics
Businesswire· 2025-12-16 16:10
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today announces a new eBook in collaboration with a global semiconductor leader, STMicroelectronics, that explores how advancements in automation, sensing, and intelligent systems are solving today's manufacturing challenges. In "Autonomy Meets Intelligence: Enabling the Future of Factory Automation", ten industry experts discuss h ...