AI Power Stocks for 2026
Barrons· 2025-12-17 17:59
Electricity is a hot commodity in the age of artificial intelligence. ...
AM Best Revises Outlooks to Positive for Hagerty Reinsurance Limited and Drivers Edge Insurance Company
Businesswire· 2025-12-17 17:57
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of "a- †(Excellent) of Hagerty Reinsurance Limited (Hagerty Re) (Hamilton, Bermuda) and its reinsured affiliate, Drivers Edge Insurance Company (Drivers Edge) (Littleton, CO). Hagerty Re and Drivers Edge are both wholly owned subsidiaries of Hagerty Insurance Holdings Inc. The Credit Ratings (ratings) reflec ...
2026 Can Be a Great Year for Banks: 3 Solid Stock Picks
ZACKS· 2025-12-17 17:56
3 Solid Bank Stocks for 2026 Key Takeaways This year has had no shortage of surprises for investors. It began with optimism as President Donald Trump's return fueled expectations of a more business-friendly environment. That confidence was shaken in April by the much-publicized "Liberation Day" tariff rollout, which rattled markets and created significant volatility. Since then, markets have mounted a strong recovery, reaching record highs, supported by the Federal Reserve's interest rate cuts. The central ...
Southwest's stock flies to multiyear high. This analyst sees the airline set for even more profit.
MarketWatch· 2025-12-17 17:56
Southwest Airlines' stock was riding a wave of renewed optimism about U.S. airlines in the new year, including a prediction from Barclays that the once no-frills air carrier will be more profitable in... ...
Amazon says AI chief Rohit Prasad is leaving, Peter DeSantis to lead 'AGI' group
CNBC· 2025-12-17 17:55
Rohit Prasad, Senior VP & Head Scientist for Alexa, Amazon, on Centre Stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal.Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving the company at the end of this year, the company confirmed Wednesday.As part of the move, Amazon CEO Andy Jassy said in a blog post that the company is reorganizing the AGI unit under a more expansive division that will also include its silicon development and ...
Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon
CNBC· 2025-12-17 17:54
While much of the market has bulked up on artificial intelligence and large technology companies in 2025, billionaire fund manager Ron Baron said on this week's CNBC "ETF Edge" that investors should be looking across more market caps and sectors for the best opportunities. That is starting to happen, as many investors rotate out of tech stocks and search for value across the market, including in the financial sector. Baron cited two financial sector companies that his firm Baron Capital owns, MSCI and FactS ...
Worthington Steel Declares Quarterly Dividend
Businesswire· 2025-12-17 17:54
Date: Thursday, December 18, 2025 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2553 ...
Hut 8 Secures $7B AI Data Center Lease With Fluidstack: What Investors Need To Know
Seeking Alpha· 2025-12-17 17:53
Core Insights - Hut 8 Corp. has signed a long-term, 15-year, triple-net lease valued at $7.0 billion with Fluidstack, which is expected to significantly impact its stock performance [1] Company Summary - The lease agreement involves 245 MW, indicating a substantial commitment to infrastructure and operational capacity [1] Industry Context - The deal reflects ongoing trends in the technology and energy sectors, particularly in the context of data centers and cryptocurrency mining, where companies are seeking long-term partnerships to secure energy resources [1]
Upwork: Execution Has Improved, Upside Now Depends On Demand (NASDAQ:UPWK)
Seeking Alpha· 2025-12-17 17:51
The freelance marketplace leader Upwork ( UPWK ) had a strong rally over the past year, reaching roughly 29% and outperforming the benchmark. The company's rebound signals a shift in sentiment, which may support that a turnaround may be inDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background covers both institutional and p ...
ArrowMark Financial Corp. Announces Monthly Cash Distribution Schedule for 2026
Globenewswire· 2025-12-17 17:51
DENVER, Dec. 17, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, announced that its Board of Directors has approved a change in the Fund’s cash distribution frequency from quarterly to monthly, beginning with the January distribution. “We are pleased to announce the transition to a monthly distribution schedule,” said Chairman & CEO Sanjai Bhonsle, “This change reflects the Fund’s income-g ...