3 Payment Stocks to Buy as Their Bull Run Extends Into 2026
ZACKS· 2025-12-16 18:11
Key Takeaways Digital wallets, cards and online checkouts keep replacing cash, lifting payment volumes into 2026.Lower interest rates will improve consumer spending and credit conditions across the payments industry.COF, SOFI and OPFI are leveraging tech, scale and innovation to tap long-term payment demand.The global payments industry is gearing up for 2026 with a positive growth environment, driven by the ongoing transition to digital and electronic payment methods. While consumer spending continues to gr ...
Allogene Arbitration Victory Pressures Cellectis Shares Tuesday
Benzinga· 2025-12-16 18:09
Shares of Cellectis S.A. (NASDAQ:CLLS) tanked on Tuesday after Allogene Therapeutics Inc. (NASDAQ:ALLO) cited a favorable arbitration outcome for partner Servier in its dispute with Cellectis related to the CAR-T therapy cemacabtagene ansegedleucel (cema-cel).The win reconfirmed Allogene’s full development and commercial control of cema-cel in the U.S., the EU and the U.K., while clearing the path to obtain full global commercialization rights from Servier.Also Read: Why Cellectis Stock Is Trading Higher To ...
Surprise FirstEnergy Foundation "Gifts of the Season" Make Spirits Bright for Two Ohio Nonprofits
Prnewswire· 2025-12-16 18:07
As part of a commitment to help address food and housing insecurity, the Foundation awarded grants to organizations in Ohio that meet critical needs through programs that provide food, shelter and other essential services: Rescue Mission of the Mahoning Valley ($10,000): The grant supports programs that provide meals, shelter and vital resources to those experiencing homelessness in the Youngstown area. In the last year, the Rescue Mission has provided more than 130,000 meals to local people in need and s ...
Surprise FirstEnergy Foundation "Gifts of the Season" Make Spirits Bright for Two Pennsylvania Nonprofits
Prnewswire· 2025-12-16 18:07
As part of a commitment to help address food and housing insecurity, the Foundation awarded grants to organizations in Pennsylvania that meet critical needs through programs that provide food, shelter and other essential services: Since 2016, the FirstEnergy Foundation's "Gifts of the Season" program has supported local nonprofits and community initiatives that bring people together and make our neighborhoods stronger. Now celebrating its 10th year, the program continues to grow and adapt to meet community ...
Is Chewy's Autoship Penetration the Core Long-Term Growth Engine?
ZACKS· 2025-12-16 18:06
Key Takeaways CHWY Autoship sales hit $2.61B, up 13.6% and representing 84% of total Q3 net sales.Gross margin expanded 50 bps to 29.8% as Autoship mix and disciplined marketing lifted EBITDA 30%.Chewy drove higher order frequency and Autoship use, with paid members delivering margins in line.Chewy, Inc.’s (CHWY) Autoship program is evolving as a key long-term growth driver, as reflected in its third-quarter fiscal 2025 results, which demonstrate the program's strong performance. Autoship generated $2.61 bi ...
Darden Gears Up to Post Q2 Earnings: Here's What You Must Know
ZACKS· 2025-12-16 18:06
Key Takeaways DRI reports Q2 FY26 results Dec. 18, with EPS consensus at $2.10 and revenues projected at $3.08B.Darden's Q2 likely benefited from menu innovation, digital and off-premise growth, including Uber Direct.DRI faced margin pressure from higher beef and labor costs, even as Olive Garden and LongHorn supported sales.Darden Restaurants, Inc. (DRI) is scheduled to report second-quarter fiscal 2026 results on Dec. 18, 2025, before the opening bell.In the last reported quarter, the company’s earnings m ...
ULTY: Major Changes To The ETF Powerhouse
Seeking Alpha· 2025-12-16 18:06
The YieldMax Ultra Option Income Strategy ETF ( ULTY ) has been among the most popular high-yield income ETFs since they were introduced. Assets under management come in at $1.3 billion, with a distribution yield of $129.22%.I am a former investment advisor and owner of several businesses. These days I invest only for myself while continuing to write on a variety of financial and economic topics.Analyst’s Disclosure:I/we have a beneficial long position in the shares of ULTY either through stock ownership, o ...
Kraft Heinz Shakes Up Leadership Ahead of Company Split
Investopedia· 2025-12-16 18:06
Key Takeaways Kraft Heinz (KHC) is changing its recipe for leadership ahead of a planned split next year. The food and beverage giant on Tuesday said Steve Cahillane will become its CEO, effective Jan. 1. Cahillane, who was Kellanova's chief executive until its recent acquisition by Mars, also will join its board and serve as CEO of "Global Taste Elevation Co." following Kraft's planned split into two independent, publicly traded companies. Global Taste will take on the company's sauces and spreads business ...
Ford Is Rolling Back Some of Its EV Plans. Here's What You Need to Know
Investopedia· 2025-12-16 18:05
Key Takeaways Ford's (F) electric vehicle strategy is changing gear. The automaker announced a major shift in its EV plans late Monday, with the company expecting to take on about $19.5 billion in one-time charges to account for the costs of a restructuring plan that will see the automaker focus more on hybrid and plug-in vehicles, while pulling away from pure EVs. Ford said it plans to recognize most of the $19.5 billion in charges during the fourth quarter, with about $5.5 billion in cash effects to be pa ...
STMicroelectronics (NYSE:STM) Overview and Financial Highlights
Financial Modeling Prep· 2025-12-16 18:04
Core Viewpoint - STMicroelectronics (STM) is a prominent player in the semiconductor industry, with a strong focus on various sectors including automotive, industrial, and consumer electronics, and has established a significant partnership with SpaceX for satellite communication [1][2]. Company Overview - STM has shipped over five billion radio-frequency antenna chips to SpaceX for the Starlink satellite network over the past decade, indicating a robust demand in the satellite communication sector [2][5]. - Mizuho Securities has set a price target of $26 for STM, with the stock currently trading at $26.47, slightly above the target [1][5]. Stock Performance - The current stock price of STM is $26.47, reflecting an increase of 1.81% or $0.47, with fluctuations between a low of $26.29 and a high of $26.96 during the trading day [3]. - Over the past year, STM's stock has experienced a high of $33.47 and a low of $17.25, showcasing both growth potential and inherent risks in the semiconductor market [4][5]. - The company's market capitalization is approximately $23.62 billion, indicating its significant presence in the semiconductor market [4].