latest news in companies

Databricks Hits $134 Billion Valuation Driven by Surge in AI Revenue

Databricks Hits $134 Billion Valuation Driven by Surge in AI Revenue

San Francisco, Tuesday, 16 December 2025.
Securing over $4 billion in Series L funding today, Databricks reports a 55 percent revenue jump to $4.8 billion, with its AI products alone now generating over $1 billion annually.

Morgan Stanley Double Upgrade Sparks Rally in Roku Shares

Morgan Stanley Double Upgrade Sparks Rally in Roku Shares

New York, Tuesday, 16 December 2025.
Morgan Stanley shifted Roku to an Overweight rating with a $135 target, predicting 19% platform revenue growth in 2026—significantly outpacing previous consensus estimates.

Ford Replaces All-Electric F-150 Lightning With 700-Mile Extended Range Model

Ford Replaces All-Electric F-150 Lightning With 700-Mile Extended Range Model

Dearborn, Tuesday, 16 December 2025.
Ford’s strategic shift replaces the all-electric Lightning with a generator-backed model, boasting a massive 700-mile range to eliminate towing anxiety while retaining electric performance.

Titan Mining Secures Capital to Restore Domestic Graphite Production

Titan Mining Secures Capital to Restore Domestic Graphite Production

Gouverneur, Tuesday, 16 December 2025.
This $15 million investment positions Titan to become the first end-to-end US graphite producer in seven decades, marking a pivotal shift for domestic battery supply chains.

Amazon Targets 2026 Growth Through AI Expansion and Faster Retail Delivery

Amazon Targets 2026 Growth Through AI Expansion and Faster Retail Delivery

Seattle, Tuesday, 16 December 2025.
Driven by a $125 billion capital investment and a new one-hour “Rush” pickup service, Amazon targets a 29% stock upside, positioning itself to dominate 2026’s AI landscape.

Lightwave Logic Prices $35 Million Stock Offering to Double Cash Reserves for AI Expansion

Lightwave Logic Prices $35 Million Stock Offering to Double Cash Reserves for AI Expansion

Englewood, Tuesday, 16 December 2025.
On December 15, 2025, Lightwave Logic (NASDAQ: LWLG) priced a $35 million underwritten public offering, a pivotal financial maneuver projected to double its cash position to approximately $70 million. This substantial liquidity injection is strategically earmarked to accelerate the commercialization of electro-optic polymers, a key technology for enhancing speed and power efficiency in generative AI data centers. While the immediate market reaction reflects typical volatility associated with equity dilution—with shares trading around $3.26—the long-term play focuses on expanding U.S. manufacturing capacity and securing design-ins. By terminating its previous equity line of credit in favor of this offering, management signals a commitment to a robust balance sheet capable of supporting aggressive scaling and potential M&A activity in the rapidly evolving photonics sector.

Canopy Growth Solidifies Market Leadership with Strategic Acquisition of MTL Cannabis

Canopy Growth Solidifies Market Leadership with Strategic Acquisition of MTL Cannabis

Smiths Falls, Tuesday, 16 December 2025.
The $179 million enterprise-value deal positions Canopy as Canada’s leading medical provider, offering MTL shareholders a 45% premium while targeting $10 million in operational synergies.

iRobot Files for Chapter 11 to Facilitate Acquisition by Key Supplier Picea

iRobot Files for Chapter 11 to Facilitate Acquisition by Key Supplier Picea

Bedford, Monday, 15 December 2025.
On December 14, 2025, iRobot Corporation filed for Chapter 11 bankruptcy in Delaware, initiating a restructuring process that will see the Roomba maker acquired by its primary manufacturer and lender, Shenzhen PICEA Robotics. This filing represents a critical pivot for the Massachusetts-based company, occurring just 11 days after a speculative 74% stock rally driven by political headwinds. The decision follows a tumultuous period marked by the collapse of a $1.7 billion Amazon acquisition in early 2024 and severe liquidity constraints, with cash reserves dwindling to under $25 million by September. Under the agreement, Picea will convert roughly $264 million of debt into 100% equity, effectively taking iRobot private and delisting it from Nasdaq. While the move aims to secure operational continuity and eliminate debt, it signals the end of iRobot’s era as an independent public entity.

Analysts Project Strong Income Potential for Devon Energy, CVS, and EOG Resources

Analysts Project Strong Income Potential for Devon Energy, CVS, and EOG Resources

New York, Sunday, 14 December 2025.
Following the Federal Reserve’s third 2025 rate cut, analysts project enhanced returns for these equities, citing robust asset bases and attractive valuations for income-focused investors.

Kinder Morgan Forecasts $3.1 Billion Profit and Dividend Hike in 2026 Outlook

Kinder Morgan Forecasts $3.1 Billion Profit and Dividend Hike in 2026 Outlook

Houston, Sunday, 14 December 2025.
Kinder Morgan projects $3.10 billion in 2026 income while targeting a ninth consecutive year of dividend growth, signaling strong confidence in its fee-based infrastructure model.