latest news in companies

Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split

Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split

Chicago, Tuesday, 16 December 2025.
Effective January 1, 2026, former Kellanova chief Steve Cahillane takes the helm at Kraft Heinz, leveraging his specific experience leading Kellogg’s breakup to guide the food giant’s own strategic separation.

Ellomay Capital to Sell Controlling Stake to Nofar Energy in $310 Million Deal

Ellomay Capital to Sell Controlling Stake to Nofar Energy in $310 Million Deal

Tel Aviv, Tuesday, 16 December 2025.
Ellomay Capital executes a definitive agreement to sell its controlling stake to Nofar Energy at a $310.4 million valuation, triggering a 10% stock surge while ensuring leadership continuity.

Tesla Shares Rally Near Record Highs as Fully Driverless Robotaxi Testing Begins in Austin

Tesla Shares Rally Near Record Highs as Fully Driverless Robotaxi Testing Begins in Austin

Austin, Tuesday, 16 December 2025.
Shares rallied over 3 percent as Tesla confirmed a major milestone: Robotaxis are now navigating Austin traffic with zero occupants, signaling accelerated autonomous deployment.

Mick Foley Severs Ties With WWE Over Company's Relationship With President Trump

Mick Foley Severs Ties With WWE Over Company's Relationship With President Trump

Stamford, Tuesday, 16 December 2025.
Citing President Trump’s comments on Rob Reiner as the final straw, Mick Foley refuses to represent WWE or renew his contract while the current administration remains in power.

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.