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Evercore Strategist Predicts Continued Market Gains Due to Missing Recession Signals
New York, Tuesday, 16 December 2025.
Evercore ISI projects an 8.5% S&P 500 rise through 2026, arguing that despite high valuations, the systemic forces that typically trigger bear markets are currently absent from the financial landscape.
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latest news in companies
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.
latest news in politics
Trump's Unscripted South Lawn Remarks Offer Critical Market Signals
Washington D.C., Sunday, 14 December 2025.
President Trump’s impromptu comments serve as a primary economic indicator, framing narratives on the Warner Bros. bidding war and Venezuela tensions to signal shifting executive priorities.
latest news in global
Venezuela Blames US for Cyber Attack on State Oil Company Amid Export Stoppage Reports
Caracas, Monday, 15 December 2025.
On December 15, 2025, Venezuela’s state-run oil company, PDVSA, formally accused the United States of orchestrating a cyber attack to paralyze its administrative systems. While officials insist operational continuity remains intact to calm market fears, internal sources contradict this narrative, reporting a total system shutdown that has effectively halted cargo deliveries. This digital incursion marks a severe escalation in geopolitical tensions following the recent U.S. seizure of the Skipper tanker and reports of military buildup in the Caribbean. As Caracas alleges a calculated strategy by Washington to seize energy assets, the discrepancy between official denials and reported export stoppages presents a critical risk to global supply chains.