Exclusive: Morgan Stanley seen as front-runner for SpaceX IPO, sources say
Reuters· 2025-12-19 17:43
Morgan Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk give it an edge in his decision, according t... ...
Evaxion Seeks New Partner For Gonorrhea Vaccine After Merck Opts Out
Benzinga· 2025-12-19 17:43
Merck & Co. Inc. (NYSE:MRK) will not exercise its option for Evaxion A/S (NASDAQ:EVAX) Gonorrhea vaccine candidate EVX-B2.Gonorrhoea is a common, sexually transmitted infection caused by Neisseria gonorrhoeae.Consequently, Evaxion retains global rights to EVX-B2 and will look for another potential licensing partner.Gonorrhea infects more than 80 million people worldwide each year. Despite decades of research, no vaccine has been approved to date. Preclinical studies demonstrate that EVX-B2 protects against ...
DVYE: Unique Emerging Market Value Play
Seeking Alpha· 2025-12-19 17:42
Emerging markets have had a breakthrough year, and although valuations have stretched in many dominant emerging markets, there are still pockets of high-yielding, value plays in the market.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ha ...
Why is Truth Social owner Trump Media merging with a fusion energy firm?
The Guardian· 2025-12-19 17:42
Core Viewpoint - Trump Media & Technology Group is merging with TAE Technologies, a fusion energy company, in a $6 billion deal aimed at developing the world's first utility-scale fusion power plant by next year [1][3]. Company Overview - Trump Media, which owns the social media platform Truth Social, is diversifying its business interests beyond social media, which has struggled to compete with larger platforms [2][5]. - The merger will result in a new company where shareholders from both firms will own approximately 50% each, with a nine-member board including Donald Trump [3]. Financial Aspects - Trump Media has committed to providing TAE with $300 million in cash to support the development of fusion energy technology [4]. - The company reported a loss of $54.8 million in the three months ending September 30, which is more than double the losses from the same period in 2024 [6]. Industry Context - The merger aligns with increasing demand for new energy sources, particularly in light of the AI revolution, which has heightened pressure on the energy grid [4][10]. - TAE Technologies is among a few companies working on fusion energy, which differs from traditional nuclear energy by creating energy through the fusion of atoms rather than fission [8][9]. Regulatory Environment - The Trump administration has been supportive of nuclear energy technology, with initiatives aimed at deregulating the industry and accelerating development [11]. - TAE plans to begin construction on a fusion power plant that aims to be operational by 2031, with expectations of receiving political support from the Trump administration [12][13].
KB Home Analysts Slash Their Forecasts Following Q4 Earnings - KB Home (NYSE:KBH)
Benzinga· 2025-12-19 17:41
Core Viewpoint - KB Home reported strong fourth-quarter financial results, exceeding analyst expectations in both revenue and earnings per share [1][2]. Financial Performance - Fourth-quarter revenue reached $1.69 billion, surpassing analyst estimates of $1.66 billion [1]. - Adjusted earnings for the fourth quarter were $1.92 per share, exceeding the expected $1.80 per share [1]. Market Conditions - The housing market remains challenging due to lower consumer confidence, affordability issues, and high mortgage interest rates [2]. - Despite these challenges, KB Home assisted nearly 13,000 individuals and families in achieving homeownership during the year [2]. Future Guidance - For the first quarter, KB Home expects housing revenue between $1.05 billion and $1.15 billion [3]. - The company projects full-year 2026 housing revenue to be between $5.1 billion and $6.1 billion [3]. Stock Performance - Following the earnings announcement, KB Home shares fell by 9.3%, closing at $56.92 [3]. - Analysts have adjusted their price targets for KB Home, with Wells Fargo lowering it from $60 to $55 and RBC Capital from $59 to $54 [4].
Aflac Expands Digital Reach via Ethos Tie-Up in Supplemental Health
ZACKS· 2025-12-19 17:41
Key Takeaways AFL rolls out cancer insurance on Ethos' digital platform, expanding access to supplemental health products.Aflac policies pay cash benefits for medical and non-medical costs and include preventive screening benefits.Aflac gains a new digital channel to reach customers seeking fast, low-friction insurance purchases.Aflac Incorporated (AFL) recently took a strategic step toward modernizing insurance distribution by partnering with Ethos to provide its supplemental health products through a full ...
Mortgage Rates Continue to Ease: 3 mREIT Stocks to Bet on for 2026
ZACKS· 2025-12-19 17:41
Key Takeaways The mREIT industry rebounded in late 2025 as mortgage rates fell to 6.21% after multiple Fed rate cuts.Lower rates are expected to lift purchase originations and refinancing, easing earnings pressure for mREITs.TWO, NREF and EFC offer high dividend yields and improving financial trends as rates and volatility decline.The mortgage REIT (mREIT) industry experienced a volatile trend throughout 2025 due to macroeconomic uncertainty. Per the Freddie Mac report, the average rate on a 30-year fixed-r ...
IVZ or BLK: Which Is the Better Value Stock Right Now?
ZACKS· 2025-12-19 17:41
Investors with an interest in Financial - Investment Management stocks have likely encountered both Invesco (IVZ) and BlackRock (BLK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estim ...
CHDN vs. TTWO: Which Stock Is the Better Value Option?
ZACKS· 2025-12-19 17:41
Investors looking for stocks in the Gaming sector might want to consider either Churchill Downs (CHDN) or Take-Two Interactive (TTWO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight st ...
LSEGY vs. CME: Which Stock Is the Better Value Option?
ZACKS· 2025-12-19 17:41
Investors looking for stocks in the Securities and Exchanges sector might want to consider either London Stock Exchange Group plc - Unsponsored ADR (LSEGY) or CME Group (CME) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with pos ...