SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provide its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The firm operationalizes artificial intelligence and machine learning at scale through its end-to-end data analytics platform. It deploys its observe, orient and dominate products to customers throughout the defense, intelligence, and commercial markets. The company was founded in 2020 and is headquartered in McLean, VA.

BigBear.ai Holdings Inc

BigBear.ai is trending due to an ongoing, contentious shareholder vote regarding an increase in authorized shares, with investors divided over its necessity for future growth and acquisitions versus concerns about potential dilution. This debate is further fueled by recent news of a strategic partnership for AI-enabled border security and strong community anticipation of major government contracts, leading to significant discussion around market dynamics and a potential short squeeze in the defense AI sector.

Grayscale Investments LLC - Grayscale Bitcoin Trust

Grayscale Bitcoin Trust

GBTC is actively trending amid intense debate regarding the onset of a "crypto winter" and predictions of a substantial Bitcoin price correction over the coming year, driven by historical market cycles. Community sentiment is largely bearish, fueled by recent Bitcoin ETF outflows and accusations of institutional manipulation, while some also discuss the trust's expense ratio compared to competitors. This broad market uncertainty and contrasting views on Bitcoin's immediate future are central to its current momentum.

Bitwise 10 Crypto Index ETF - Common Shares Of Beneficial Interest

Bitwise 10 Crypto Index Fund

The Bitwise 10 Crypto Index Fund (BITW) is a focal point in the heated market debate, with a prominent segment of the community predicting an impending 'crypto winter' and substantial corrections for Bitcoin and broader digital assets. Amidst these strong bearish sentiments, discussion also centers on BITW's persistent discount to Net Asset Value, with some investors seeing a structural arbitrage opportunity tied to the fund's ongoing efforts toward ETP conversion.

Voyager Technologies, Inc. engages in the defense technology and space solutions. It operates through the following segments: Defense & National Security, Space Solutions, and Starlab Space Stations. The Defense & National Security segment consists of innovative mission-critical solutions to protect dynamic and contested domains. The Space Solutions segment consists of space infrastructure, advanced space technology, science systems and mission services. The Starlab Space Stations segment consists of a commercial space station. The company was founded by Dylan Taylor and Matthew Kuta on August 15, 2019 and is headquartered in Denver, CO.

Voyager Technologies Inc. - Ordinary Shares - Class A

Voyager Technologies Inc

Voyager Technologies is garnering attention amid a flurry of strategic developments, notably securing a multi-million dollar Air Force Research Lab contract for AI-enabled systems and advancing its Starlab commercial space station with a critical design review and strategic investment. The community is actively discussing VOYG's long-term potential as a vertically integrated space and defense player, emphasizing its acquisitions in propulsion and AI, despite ongoing volatility and mixed sentiment regarding its post-IPO performance.

Uniting the six native Japanese dog breeds. Kendu is the keeper of peace, the preserver of life, and the protector of unity. Join the pack!!

Kendu

KENDU CRYPTO is trending due to its highly engaged and dedicated community, which is relentlessly building a 'permissionless brand' through extensive real-world initiatives like Kendu Spice products and various brand-expanding events. This strong focus on tangible ventures and widespread IRL presence is fostering deep conviction among holders, who see significant long-term growth and a path to becoming a recognized name in the crypto space.

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Kitchener, Canada.

Canadian Solar Inc

Canadian Solar Inc. is trending after a strong earnings report highlighted robust growth in its energy storage division and strategic expansion into U.S. manufacturing, positioning it for IRA incentives. The community is actively discussing the stock's significant undervaluation relative to its assets and its emerging role as a key energy infrastructure provider for burgeoning sectors like AI data centers.

Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet.   As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.  What is the Shiba Inu community working on right now? The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.

Shiba Inu

Shiba Inu is trending due to highly polarized community sentiment, with many debating its long-term viability and calling it "cooked" or a "scam" amidst recent performance. Conversely, a vocal group remains confident, viewing current levels as a prime accumulation opportunity and actively anticipating a significant rally, often comparing its potential to other popular meme tokens as the broader crypto market navigates its current phase.

The Goldman Sachs Group, Inc. engages in the provision of financial services. It operates through the following business segments: Global Banking and Markets, Asset and Wealth Management, and Platform Solutions. The Global Banking and Markets segment includes investment banking, global investments, and equity and debt investments. The Asset and Wealth Management segment relates to the direct-to-consumer banking business which includes lending, deposit-taking, and investing. The Platform Solutions segment includes consumer platforms such as partnerships offering credit cards and point-of-sale financing, and transaction banking. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.

Goldman Sachs Group, Inc.

Goldman Sachs is a focal point of market conversation, driven by its exceptional Q3 earnings, strong investment banking performance propelled by a robust M&A surge, and strategic moves like acquiring Innovator Capital to bolster its ETF offerings. The community is actively noting GS's impressive stock rally and aggressive options activity, with many seeing it as a leading indicator for broader capital markets strength and a key player in high-profile deals like the potential SpaceX IPO.

Chewy, Inc. operates as an online retailer of pet food and other pet-related products and services. It supplies pet medications, food, treats and other pet-health products and services for dogs, cats, fish, birds, small pets, horses, and reptiles. It has a portfolio of pet healthcare offerings that includes Chewy Pharmacy, Connect with a Vet, and CarePlus, an exclusive suite of pet-first insurance and wellness plans. The company was founded by Ryan Cohen and Michael Day in September 2011 and is headquartered in Plantation, FL.

Chewy Inc - Ordinary Shares - Class A

Chewy Inc

Chewy is actively trending following its earnings report, which highlighted strong Autoship growth and beats on estimates, yet the stock experienced a significant drop. This has sparked community debate, with many viewing the sell-off as an overreaction and a compelling buying opportunity, especially considering recent analyst upgrades and the company's expanding pet care ecosystem.

NovaBay Pharmaceuticals, Inc. engages in the development and sales of scientifically-created and clinically-proven eyecare and skincare. Its products include Avenova, NeutroPhase and DERMAdoctor. The company was founded on January 19, 2000 and is headquartered in Emeryville, CA.

Novabay Pharmaceuticals Inc

Novabay Pharmaceuticals Inc. is currently trending following a recent analyst upgrade and ongoing discussions surrounding its special cash dividend, with the community intensely focused on a potential strategic pivot to blockchain-based assets. While many investors are optimistic about the new CEO's turnaround capabilities and the prospects of this new venture, others express strong skepticism, warning of significant dilution and viewing the situation as a speculative 'pump' given the company's financial context.

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Zomato Ltd.

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HDFC Bank Ltd.

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<ul class="summary-bullets"><li>Oracle shares were up more than 8% in Friday’s midday trade after China’s ByteDance struck a deal to sell TikTok’s U.S. operations to a new entity, TikTok USDS Joint Venture, which includes the company.</li><li>CoreWeave shares were up nearly 20% in Friday’s midday session after Citi resumed the company’s coverage with a ‘Buy’ rating and a price target of $135.</li><li>Intuitive Machines shares were up more than 30% in Friday’s midday trade, with the company expected to benefit from the Trump administration’s new space policy that supports private companies and long-term activity on the Moon.</li></ul>U.S. equities traded in the green in Friday’s midday trade as Oracle shares jumped after China’s ByteDance signed a deal to approve the creation of a joint venture for TikTok in the U.S.Nvidia Corp. (NVDA) shares gained over 3% after a Reuters&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/world/china/us-launches-review-advanced-nvidia-ai-chip-sales-china-sources-say-2025-12-19/">report</a> stated that the U.S. has launched a review of sales of advanced chips from the company to China.The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which mirrors the S&amp;P 500 index, was up 0.83% at the time of writing, while the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ), which mirrors the Nasdaq 100 index, gained 1.16%. The&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA), which tracks the Dow Jones Industrial Average, rose 0.54%.<h2 class="st-heading-2">Here are the top stocks making the biggest moves in Friday’s midday trade:</h2><a href="https://stocktwits.com/symbol/NKE">Nike Inc. (NKE)</a>Nike shares were down more than 10% in Friday’s midday session after CEO Elliott Hill&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nike-comeback-isnt-a-sprint-china-is-turning-it-a-marathon/cLeinW4RErs">stated</a> that the company is still facing a “longer road to a healthier business” in China. In Greater China, second-quarter revenue declined 16% with Nike Direct falling 18% and Nike Digital down 36%.<a href="https://stocktwits.com/symbol/NKE">NKE stock</a> is down 22% year-to-date.<a href="https://stocktwits.com/symbol/ORCL">Oracle Corp. (ORCL)</a>Oracle shares were up more than 8% in Friday’s midday trade after China’s ByteDance&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/tiktok-stays-alive-in-us-under-new-deal-forged-by-trump-but-critics-warn-of-a-backroom-powerplay/cLeiYH7REru">struck</a> a deal to sell TikTok’s U.S. operations to a new entity, TikTok USDS Joint Venture, which includes Oracle. Other members of the joint venture include Silver Lake and MGX, existing ByteDance investors, as well as ByteDance.<a href="https://stocktwits.com/symbol/ORCL">ORCL stock</a> is up 16% year-to-date.<a href="https://stocktwits.com/symbol/CRWV">CoreWeave Inc. (CRWV)</a>CoreWeave shares were up nearly 20% in Friday’s midday session after Citi resumed the company’s coverage with a ‘Buy’ rating and a price target of $135, according to TheFly. The firm sees a “robust” demand outlook for CoreWeave.<a href="https://stocktwits.com/symbol/CRWV">CRWV stock</a> is up 108% year-to-date.<a href="https://stocktwits.com/symbol/LUNR">Intuitive Machines Inc. (LUNR)</a>Intuitive Machines shares were up more than 30% in Friday’s midday trade, with the company expected to benefit from the Trump administration’s new space policy that supports private companies and long-term activity on the Moon.On Thursday, Trump signed a sweeping space policy executive order, launching an ambitious blueprint to reinforce America’s dominance in space exploration, defense, and commercial development.<a href="https://stocktwits.com/symbol/LUNR">LUNR stock</a> is down 22% year-to-date.<a href="https://stocktwits.com/symbol/RIVN">Rivian Automotive Inc. (RIVN)</a>Rivian shares were up more than 11% in Friday’s midday session after Wedbush raised its price target for the stock to $25 from $16, while maintaining an ‘Outperform’ rating, according to TheFly.<a href="https://stocktwits.com/symbol/RIVN">RIVN stock</a> is up 69% year-to-date.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/el-erian-employment-decoupling-from-gdp-due-to-ai/cLeiHPbREs4">El-Erian Sees A New ‘Unsettling’ Economic Risk Emerging In 2026 – And It’s Not Inflation Or Affordability</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A bull statue and a bear statue stand outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany

Nike, Oracle, CoreWeave, Intuitive Machines, Rivian Automotive: Stocks Making The Biggest Moves Today

Nike shares were down more than 10% in Friday’s midday session after CEO Elliott Hill stated that the company is still facing a “longer road to a healthier business” in China.

Equity

<ul class="summary-bullets"><li>For investors, a 10% reduction in the expense ratio means more of their investment works for them to generate returns, and less money is used to pay the ETF.</li><li>The conversion of Invesco QQQ from a unit investment trust ETF to an open-ended structure will improve transparency for investors.</li><li>The company stated that this will allow it to enhance reporting, including semi-annual updates, and increase the board’s oversight.</li></ul>Invesco (IVZ) on Friday announced a 10% decrease in the expense ratio for the Invesco QQQ Trust Series 1 ETF, following a shareholder approval to convert it from a unit investment trust ETF into an open-ended structure.As a result, the investor fees will be reduced from 0.2% to 0.18%. Invesco expects QQQ to begin trading as an open-ended fund from December 22."I want to thank the shareholders who voted to transform Invesco QQQ into a modern ETF format. We are proud to deliver a ten percent reduction in fees to QQQ investors while creating more flexibility to utilize tools that could deliver better outcomes for investors," said Andrew Schlossberg, President and CEO of Invesco.<a href="https://stocktwits.com/symbol/IVZ">Invesco shares</a> were up more than 1% in Friday morning’s trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.<h2 class="st-heading-2">How Are Investors Affected?</h2>For investors, a 10% reduction in the expense ratio means more of their investment works for them to generate returns, and less money is used to pay the ETF.An ETF’s expense ratio is the annual percentage fee paid by investors to cover fund management and operating costs. This is deducted directly from the fund’s assets, which impacts the investor’s returns over time.Expense ratio covers management fees, administrative and marketing costs, among other expenses.&nbsp;<h2 class="st-heading-2">Why Is This Important?</h2>The conversion of Invesco QQQ from a unit investment trust ETF to an open-ended structure will improve transparency for investors. The company stated that this will allow it to enhance reporting, including semi-annual updates, and increase the board’s oversight.For shareholders, the conversion will not result in any tax consequences, the company added.<h2 class="st-heading-2">How Does It Benefit Invesco?</h2>During Invesco’s second-quarter (Q2) earnings call, management stated that converting QQQ into an open-ended ETF could boost net revenue and adjusted operating income by about four basis points.According to Bloomberg's analysis, this would unlock nearly $180 million in annual revenue for the company. Invesco QQQ has $399.38 billion in assets under management (AUM).Retail sentiment on Stocktwits around Invesco remained in the ‘bearish’ territory on Friday.<figure class="image"><img style="aspect-ratio:788/83;" src="https://news.stocktwits-cdn.com/Invesco_sentiment_jpg_3bcf13ad15.webp" alt="IVZ sentiment and message volume December 19, 2025, as of 11:30 am ET" width="788" height="83"><figcaption>IVZ sentiment and message volume December 19, 2025, as of 11:30 am ET | Source: Stocktwits</figcaption></figure><a href="https://stocktwits.com/symbol/IVZ">IVZ stock</a> is up 54% year-to-date and 60% over the past 12 months. The&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) was up 1.04% at the time of writing. Retail sentiment on Stocktwits around the ETF trended in the ‘bearish’ territory.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/el-erian-employment-decoupling-from-gdp-due-to-ai/cLeiHPbREs4">El Erian Sees A New ‘Unsettling’ Economic Risk Emerging In 2026 – And It’s Not Inflation Or Affordability</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the Invesco logo is seen displayed on a smartphone screen

Invesco Cuts QQQ Expense Ratio By 10% After Shareholders Approve Open-Ended ETF Conversion

Invesco expects QQQ to begin trading as an open-ended fund from December 22.

<ul class="summary-bullets"><li>Williams stated that the cuts so far have positioned the Fed really well.</li><li>He cited the lack of data collection in October and the first half of November as the reason behind the distortion.</li><li>The Fed official added that he wants inflation to be within the central bank’s target without causing undue harm to the labor market.</li></ul>John Williams, President of the Federal Reserve Bank of New York, reportedly stated on Friday that he sees no urgency to cut interest rates further following the 25 basis-point rate cut earlier this month.During an interview with CNBC, Williams added that the recent employment and inflation data did little to change his monetary policy outlook.“I don’t personally have a sense of urgency to need to act further on monetary policy right now, because I think the cuts we’ve made have positioned us really well,” he said.<h2 class="st-heading-2">‘Distorted’ November CPI</h2>Williams stated that some technical factors may have “distorted” November Consumer Price Index (CPI) data.“There were some practical factors that really are related to the fact that they weren’t able to collect data in October and not in the first half of November. And because of that, I think the data were distorted in some of the categories, and that pushed down the CPI reading, probably by a tenth or so,” he added.According to the Bureau of Labor Statistics, the CPI rose at an annualized rate of 2.7% in November, below the 3.1% Dow Jones estimate&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.marketwatch.com/economy-politics/calendar">compiled</a> by MarketWatch.<h2 class="st-heading-2">Balancing Act</h2>Williams stated that he wants inflation to be within the central bank’s target. “I want to see inflation come down to 2% without doing undue harm to the labor market. It’s a balancing act,” he added.The Fed has projected core inflation at 2.5% in 2026 and 2.1% in 2027, staying above its long-term target of 2%.Meanwhile, U.S. equities gained in Friday’s opening trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up by 0.75%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) rose 1.15%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) gained 0.59%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bearish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was down by 0.16% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/draft-kings-takes-on-kalshi-polymarket-with-new-prediction-app-in-a-push-beyond-sports-betting/cLeiwmOREsJ">DraftKings Enters Prediction Markets With Launch Of Dedicated App, Starting With Sports And Finance</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

John C. Williams, President and CEO of the Federal Reserve Bank of New York, speaks at the Milken Institute's Global Conference on May 6, 2024 in Beverly Hills, California. (Photo by Apu Gomes/Getty Images)

Fed's Williams Sees No Urgency To Cut Rates Again, Says November CPI Was 'Distorted' Downward Due To Technical Factors: Report

During an interview with CNBC, Williams said that the recent employment and inflation data did little to change his monetary policy outlook.

<ul class="summary-bullets"><li>UnitedHealth CEO Steve Hemsley said two independent consultancies found the company’s policies to be “robust, rigorous, and generally sound.”</li><li>The two firms involved in the investigation were FTI Consulting and The Analytics Group.</li><li>While FTI Consulting reviewed UnitedHealthcare’s risk assessment approach for Medicare Advantage programs, The Analytics Group reviewed Optum Rx's policies and processes.</li></ul>UnitedHealth Group Inc. (UNH) on Friday reportedly released the first results of an independent audit of its business practices and stated that it has adopted 23 ongoing “action plans” to track and implement the improvements recommended.According to a CNBC&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/12/19/unitedhealth-group-results-independent-audit-investigation.html">report</a>, UnitedHealth aims to complete 65% of the “action plans” by the end of 2025, and 100% of those recommendations by the end of March 2026.This comes after UnitedHealth announced in July the launch of a third-party review of its business practices and performance metrics. It had also announced the launch of investigations by the U.S. Department of Justice into the insurer’s Medicare billing practices.<a href="https://stocktwits.com/symbol/UNH">UnitedHealth shares</a> were up nearly 2% in Friday morning’s trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.<h2 class="st-heading-2">Findings Of The Investigation</h2>UnitedHealth CEO Steve Hemsley said two independent consultancies found the company’s policies to be “robust, rigorous, and generally sound,” according to the report.“We hope that you see these assessments as a commitment to setting a new standard of transparency for the health care marketplace, as we believe that you and every person who engages with our health system deserves to understand how we go about our work,” he said in a letter, according to the report.The two firms involved in the investigation were FTI Consulting and The Analytics Group. While FTI Consulting reviewed UnitedHealthcare’s risk assessment approach for Medicare Advantage programs, The Analytics Group reviewed Optum Rx's policies and processes.UnitedHealthcare is UNH’s insurance and managed care company, while Optum Rx is UnitedHealth’s own Pharmacy Benefit Manager (PBM).<h2 class="st-heading-2">DOJ Investigation</h2>UnitedHealth’s insurance and PBM operations came under DOJ investigation earlier this year, with President Trump calling PBMs middlemen and pledging to eliminate their role in a bid to lower drug prices.In response, UnitedHealth stated that it is complying with criminal and civil requests from the DOJ. It added that independent audits have confirmed that its practices are among the “most accurate” in the industry.UnitedHealth also pointed to a court-appointed Special Master concluding there was no evidence to support claims of wrongdoing, following a decade-long civil challenge by the DOJ to aspects of its Medicare Advantage business.<a href="https://stocktwits.com/symbol/UNH">UNH stock</a> is down 34% year-to-date and 32% over the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/el-erian-employment-decoupling-from-gdp-due-to-ai/cLeiHPbREs4">El Erian Sees A New ‘Unsettling’ Economic Risk Emerging In 2026 – And It’s Not Inflation Or Affordability</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, a smartphone displays the logo of UnitedHealth Group Incorporated. (Photo illustration by Cheng Xin/Getty Images)

UnitedHealth Adopts 23 Ongoing 'Action Plans' Following Independent Audit Of Its Practices: Report

The company aims to complete 65% of the “action plans” by the end of 2025, and 100% of those recommendations by the end of March 2026.

<ul class="summary-bullets"><li>DraftKings’ entry into the predictions market comes after the company acquired Railbird Technologies, a federally regulated prediction market, in October.</li><li>Following the acquisition, Jefferies stated that it believes an offering in predictions is necessary to enter states in which online sports betting is illegal.</li><li>The Boston, Massachusetts-based company, known for its fantasy sports offerings, announced that its prediction markets launch is subject to oversight by the U.S. Commodity Futures Trading Commission (CFTC).</li></ul>DraftKings Inc. (DKNG) on Friday announced its entry into prediction markets with the launch of a dedicated app, beginning with sports and finance, taking on similar offerings from Kalshi and Polymarket.The Boston, Massachusetts-based company, known for its fantasy sports offerings, announced that its prediction markets launch comes under the oversight of the U.S. Commodity Futures Trading Commission (CFTC).Named DraftKings Predictions, the service is a standalone web and mobile app that allows users to trade on real-world outcomes across a wide range of markets, beginning with sports and finance, before expanding to other categories.<h2 class="st-heading-2">Railbird Acquisition</h2>DraftKings’ entry into the predictions market comes after the company acquired Railbird Technologies, a federally regulated prediction market, in October.“Along with our operational footprint, marketing and analytics infrastructure, and advanced in-house technology, we believe we are uniquely positioned to lead this space over the long term,” said Corey Gottlieb, chief product officer of DraftKings.Following the acquisition, Jefferies&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/draft-kings-stock-soars-on-railbird-deal-draws-investor-attention-as-jefferies-cheers/cLG5IQER3qP">stated</a> that it believes an offering in predictions is necessary to enter states where online sports betting is illegal.<h2 class="st-heading-2">Taking On Kalshi, Polymarket</h2>The launch of a predictions market will allow DraftKings to compete with Kalshi and Polymarket.Kalshi is currently valued at $11 billion, while rival Polymarket was&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://news.kalshi.com/p/kalshi-11-billion-valuation-series-e">reportedly</a> eyeing a valuation of $12 billion to $15 billion. Both Kalshi and Polymarket allow users to bet on a wide range of topics, including sports, politics, and other real-world events.<a href="https://stocktwits.com/symbol/DKNG">DKNG stock</a> is down 7% year-to-date and 12% over the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/el-erian-employment-decoupling-from-gdp-due-to-ai/cLeiHPbREs4">El-Erian Sees A New ‘Unsettling’ Economic Risk Emerging In 2026 – And It’s Not Inflation Or Affordability</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the logo of DraftKings Inc. is displayed on a smartphone screen. (Photo illustration by Cheng Xin/Getty Images)

DraftKings Takes On Kalshi, Polymarket With New Prediction App In A Push Beyond Sports Betting

Named DraftKings Predictions, the service is a standalone web and mobile app product that allows users to trade on real-world outcomes across a wide range of markets.

<ul class="summary-bullets"><li>El-Erian highlighted that a key shift in the economy is the emergence of an AI-driven growth dynamic.</li><li>AI capex bolstered U.S. economic growth in 2025, and the economist expects it to remain historically high in 2026 due to the dual imperative of working “on” and “with” AI.</li><li>El-Erian says the U.S. will move to the next stage in 2026, from building out data centers to their integration.</li></ul>Mohamed El-Erian, Chief Economic Advisor at Allianz, on Friday warned of an “unsettling” phenomenon of employment decoupling from Gross Domestic Product (GDP) due to the advent of artificial intelligence technology.The economist stated in an opinion&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.project-syndicate.org/commentary/2026-forecast-for-the-us-economy-includes-three-probable-scenarios-by-mohamed-a-el-erian-2025-12">piece</a> for Project Syndicate that forecasting a scenario for the U.S. economy won’t be as straightforward as it was before because of an increased probability of more extreme outcomes.“The US economy is not so much on a single trajectory as it is locked in a tense tug-of-war between three distinct futures: a ‘Goldilocks-lite' central baseline, a productivity-fueled upside scenario, and a volatile downside scenario,” El-Erian said.<h2 class="st-heading-2">What Is Changing?</h2>El-Erian highlighted that a key shift in the economy is the emergence of an AI-driven growth dynamic. Capital expenditure in AI has sustained the U.S. economy's growth in 2025, and the economist expects AI capex to remain historically high in 2026 due to the dual imperative of working “on” and “with” AI.However, while AI capex dominated 2025, El-Erian says the U.S. will move to the next stage in 2026, from building out data centers to their integration.<h2 class="st-heading-2">Consumer-Driven Strength Weakening</h2>El-Erian added that a resilient consumer base, coupled with the AI capex, complemented U.S. economic growth in 2025. However, he thinks that this consumer-driven strength is weakening.The economist added that with the Fed set to ease monetary policy, prices may remain elevated, hitting low-income households particularly hard.He expects inflation to remain above the Federal Reserve’s 2% target in 2026, too, and that lines up with the Fed’s forecast of core inflation hovering around 2.5% next year.<h2 class="st-heading-2">Decoupling Of Employment From GDP</h2>What’s worrying El-Erian is the decoupling of employment from GDP.“Historically, robust economic growth has been inextricably linked to strong job creation. But this relationship appears to be under pressure, meaning that growth in 2026 may be accompanied by a relatively stagnant labor market,” he said.The economist says jobless growth would keep affordability a political as well as a social flashpoint, with inequality likely to remain a hot-button issue.<h2 class="st-heading-2">Why Is It Important</h2>In a goldilocks scenario on steroids, El-Erian says the U.S. could experience a non-inflationary boom.But an equally probable situation is an increase in volatility due to politics, global economic developments, policy errors, and financial instability. This makes the task that much more difficult for policymakers, according to El-Erian, since they will have to account for these multiple possible outcomes.Meanwhile, U.S. equities gained in Friday’s pre-market trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up by 0.23%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) rose 0.4%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) gained 0.09%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bearish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was down by 0.17% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/waller-strong-interview-fed-chair-with-trump-100-bps-rate-cuts/cLeiuMgREsP">Waller Reportedly Had A ‘Strong Interview’ For Fed Chair Job With Trump On The Same Day He Said There’s Room For Up To 100 Bps Rate Cuts</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Dr. Mohamed El-Erian, President of Queen's College Cambridge, poses for a portrait during a conversation with Dambisa Moyo, Baroness Moyo, on May 11, 2023. 

El-Erian Sees A New ‘Unsettling’ Economic Risk Emerging In 2026 – And It’s Not Inflation Or Affordability

The economist stated that forecasting a scenario for the U.S. economy won’t be as straightforward as it was before because of an increased probability of more extreme outcomes.

<ul class="summary-bullets"><li>According to the report, officials said that President Trump’s discussion with Waller showed that he was not seeking a candidate who would defer to his demands on monetary policy.</li><li>In an interview with The Wall Street Journal last week, President Trump stated that he wants to be “listened to” by the Fed Chair when it comes to setting interest rates.</li><li>BlackRock’s Chief Investment Officer of Global Fixed Income, Rich Rieder, is set to be interviewed by President Trump for the Fed Chair job during the last week of 2025.</li></ul>Federal Reserve Governor Christopher Waller reportedly had a “strong interview” with President Donald Trump for the Fed Chair position on Wednesday.According to a CNBC&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/12/19/waller-had-a-strong-interview-for-fed-chair-with-trump.html">report</a> citing senior officials in the Trump administration, Waller’s interview was conducted at President Trump’s residence. It was concluded before the President’s address to the nation on Wednesday night.This interview was conducted on the same day on which&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/waller-fed-chair-odds-surge-after-dovish-comments/cLeOjlBREqg">Waller spoke</a> at the Yale School of Management CEO Summit in New York. The Fed Governor stated that rates could be cut by 50 to 100 basis points (bps) on expectations of a decline in inflation.<h2 class="st-heading-2">Misplaced Criticism</h2>According to the report, officials said that President Trump’s discussion with Waller showed that he was not seeking a candidate who would defer to his demands on monetary policy.In an interview&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/economy/central-banking/trump-says-he-is-leaning-toward-warsh-or-hassett-to-lead-the-fed-34a200e5">with</a> The Wall Street Journal last week, President Trump stated that he wants to be “listened to” by the Fed Chair when it comes to setting interest rates. “It doesn’t mean—I don’t think he should do exactly what we say. But certainly we’re—I’m a smart voice and should be listened to,” he said.In 2019, President Trump nominated Waller to be a Fed Governor.<h2 class="st-heading-2">Rick Reider To Be Interviewed Next</h2>BlackRock’s Chief Investment Officer of Global Fixed Income, Rich Rieder, is set to be interviewed by President Trump for the Fed Chair job during the last week of 2025, the report said.The list of Fed Chair candidates has now been narrowed to four, with Fed Governor Michelle Bowman out of the race, according to the report.White House National Economic Council Director Kevin Hassett and former Fed Governor Kevin Warsh have already been interviewed for the position.Meanwhile, U.S. equities gained in Friday’s opening trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up by 0.67%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) rose 0.95%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) gained 0.53%. Retail sentiment on Stocktwits regarding the S&amp;P 500 ETF was in the ‘bearish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was down by 0.1% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/abbvie-merck-top-drugmakers-lower-us-drug-prices-trump-mfn-deal/cLeitzkREsG">AbbVie, Merck, Other Top Drugmakers To Lower Prices Of US Drugs In MFN Deal With Trump Administration: Report</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Christopher Waller, governor of the U.S. Federal Reserve, arrives during the Federal Reserve Board open meeting on October 24, 2025 in Washington, DC

Waller Reportedly Had A ‘Strong Interview’ For Fed Chair Job With Trump On The Same Day He Said There’s Room For Up To 100 Bps Rate Cuts

Conducted at President Trump’s residence, Waller’s interview was concluded before the President’s address to the nation on Wednesday night.

<ul class="summary-bullets"><li>Novartis is already in discussions with the Trump administration, with the Switzerland-based company backing President Trump’s efforts to lower the prices of drugs in the country, according to the report.</li><li>Roche, too, backed the Trump administration and stated that it is working with policymakers to craft “sustainable” solutions to protect innovation while protecting patient care.</li><li>President Trump had also asked drugmakers to guarantee that they would not launch new drugs at prices higher than those in other high-income countries.</li></ul>Several top drugmakers, including AbbVie Inc. (ABBV) and Merck &amp; Co. Inc. (MRK), are reportedly expected to announce agreements with the Trump administration on Friday to lower prices of certain drugs in the U.S.According to a Reuters&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/legal/litigation/several-top-drugmakers-lower-us-prices-some-drugs-sources-2025-12-19/">report</a> citing people familiar with the matter, Novartis AG (NVS), Roche Holdings AG (RHHBY), Gilead Sciences Inc. (GLD), Glaxosmithkline Plc. (GSK), Regeneron Pharmaceuticals Inc. (REGN), among others, is expected to announce deals.This comes after President Donald Trump urged drugmakers in July to lower prices of their drugs for the U.S. government’s Medicaid program. The President had also asked drugmakers to guarantee that they would not launch new drugs at prices higher than those in other high-income countries.<a href="https://stocktwits.com/symbol/ABBV">AbbVie shares</a> were down 0.2% in Friday’s pre-market trade, while&nbsp;<a href="https://stocktwits.com/symbol/MRK">Merck shares</a> were down 0.1%. Retail sentiment on Stocktwits around ABBV was in the ‘bullish’ territory, while users felt ‘bearish’ about MRK. At the time of writing, Merck was among the top ten trending tickers on Stocktwits.<h2 class="st-heading-2">Which Companies Have Announced Deals?</h2>So far, Pfizer Inc. (PFE), AstraZeneca Plc. (AZN), Novo Nordisk AS (NVO), Eli Lilly &amp; Co. (LLY), and EMD Serono have announced Most-Favored Nation (MFN) deals with the Trump administration.Novartis is already in discussions with the Trump administration, with the Switzerland-based company backing President Trump’s efforts to lower the prices of drugs in the country, according to the report. Roche, too, supported the Trump administration and stated that it is working with policymakers to craft “sustainable” solutions to protect innovation while protecting patient care.<h2 class="st-heading-2">Pfizer, Eli Lilly, Novo On Board Already</h2>Pfizer, Eli Lilly, and Novo Nordisk are already on board, having announced a cut in prescription drug prices in the Medicaid program.In October, President Trump announced that Pfizer would offer most-favored-nation pricing on all new drugs launched in the U.S. The company would also be a part of the White House’s new direct-to-consumer website, TrumpRx, scheduled to launch in 2026.Eli Lilly and Novo Nordisk entered an agreement with the Trump administration in November, announcing price cuts for some of their upcoming pills and for existing obesity drugs. The two companies will also offer their pills on the TrumpRx portal.<a href="https://stocktwits.com/symbol/ABBV">ABBV stock</a> is up 25% year-to-date, while&nbsp;<a href="https://stocktwits.com/symbol/MRK">MRK stock</a> is up over 1%.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/waller-fed-chair-odds-surge-after-dovish-comments/cLeOjlBREqg">Waller's Odds For Fed Chair Nomination Surge After The Fed Governor's Dovish Comments On Rate Cuts</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Medicine - Tablet - Capsule - Capsule arranged with breal drugs at Glenmark R&D centre. (Photo by Soumitra Ghosh/Hindustan Times via Getty Images)

AbbVie, Merck, Other Top Drugmakers To Lower Prices Of US Drugs In MFN Deal With Trump Administration: Report

This comes after President Donald Trump urged drugmakers in July to lower drug prices for the U.S. government’s Medicaid program.

<ul class="summary-bullets"><li>Hut 8 shares were up more than 11% in Wednesday’s midday trade after the company announced that it is building an AI data center for Anthropic.</li><li>Processa Pharmaceuticals' shares were up nearly 95% after early Phase 2 data showed that its NGC-Cap therapy boosts capecitabine exposure without added side effects compared with standard treatment.</li><li>Recursion Pharmaceuticals shares jumped over 16% by midday Wednesday after Morgan Stanley upgraded the stock to ‘Overweight’ and raised its price target to $11, citing strong efficacy for its drug REC-4881.</li></ul>U.S. equities were in the red in Wednesday’s midday trade as investors exercised caution amid a broader decline in artificial intelligence stocks, with Oracle and Broadcom shares declining by nearly 5% each.The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which mirrors the S&amp;P 500 index, was down 0.68% at the time of writing, while the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ), which mirrors the Nasdaq 100 index, declined 1.28%. The&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA), which tracks the Dow Jones Industrial Average, fell 0.2%.<h2 class="st-heading-2">Here are the top stocks making the biggest moves in Wednesday’s midday trade:</h2><a href="https://stocktwits.com/symbol/ORCL">Oracle Corp. (ORCL)</a>Oracle shares were down over 5% in Wednesday’s midday session after the company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/oracle-s-ai-expansion-hits-snag-as-key-investor-pulls-back-report/cLeO1HSREqa">faced</a> a setback in its AI data center expansion efforts after Blue Owl Capital reportedly withdrew from a $10 billion investment in the company’s new facility in Saline Township, Michigan.<a href="https://stocktwits.com/symbol/ORCL">ORCL stock</a> is up 8% year-to-date.<a href="https://stocktwits.com/symbol/HUT">Hut 8 Corp. (HUT)</a>Hut 8 shares were up more than 11% in Wednesday’s midday trade after the company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/hut-shares-soar-over-24-percet-today-whats-the-deal-involving-google-and-anthropic/cLeO1aZREqJ">announced</a> that it is building an AI data center for Anthropic, and that it had signed a 15-year, $7 billion lease with Fluidstack. The company added that the lease would be worth up to $17.7 billion if all renewal options are exercised.<a href="https://stocktwits.com/symbol/HUT">HUT stock</a> is up 100% year-to-date.<a href="https://stocktwits.com/symbol/PCSA">Processa Pharmaceuticals Inc. (PCSA)</a>Processa Pharmaceuticals share price nearly doubled, hovering at gains of 95% in Wednesday’s midday trade after the company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-did-processa-pharmaceuticals-stock-surge-160-today/cLeOVJlREqV">stated</a> that its early Phase 2 trial data showed that its NGC-Cap therapy significantly increases exposure to capecitabine cancer-killing drug metabolites without increasing the severity of side effects compared to standard monotherapy capecitabine therapy.<a href="https://stocktwits.com/symbol/PCSA">PCSA stock</a> is down 73% year-to-date.<a href="https://stocktwits.com/symbol/RXRX">Recursion Pharmaceuticals Inc. (RXRX)</a>Recursion Pharmaceuticals shares were up over 16% in Wednesday’s midday session after Morgan Stanley upgraded the stock to ‘Overweight’ from ‘Neutral’, according to TheFly. The firm also hiked its price target for the RXRX stock to $11 from $10, citing “strong and durable” efficacy in familial adenomatous polyposis from the company's small-molecule drug, REC-4881.<a href="https://stocktwits.com/symbol/RXRX">RXRX stock</a> is down 28% year-to-date.<a href="https://stocktwits.com/symbol/UDMY">Udemy Inc. (UDMY)</a>Udemy shares were up more than 22% in Wednesday’s midday session after the company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/cour-udmy-stock-premarket-coursera-udemy-announce-merger/cLeOKUtREq4">announced</a> a merger with Coursera Inc. (COUR), with an implied equity value of the combined entity of approximately $2.5 billion.<a href="https://stocktwits.com/symbol/UDMY">UDMY stock</a> is down 20% year-to-date.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/waller-fed-chair-odds-surge-after-dovish-comments/cLeOjlBREqg">Waller's Odds For Fed Chair Nomination Surge After The Fed Governor's Dovish Comments On Rate Cuts</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Oracle, Hut 8, Processa Pharmaceuticals, Recursion Pharmaceuticals, Udemy: Stocks Making The Biggest Moves Today

Oracle shares were down over 5% in Wednesday’s midday session after Blue Owl Capital reportedly withdrew from a $10 billion investment in the company’s new facility in Saline Township, Michigan.

<ul class="summary-bullets"><li>Waller stated that he expects inflation to cool and that he has not seen any evidence that inflation expectations are taking off.</li><li>However, he noted that the labor market is not seeing a dramatic decline, so the Fed could ease policy at a moderate pace.</li><li>The Fed Chair candidate added that he thinks interest rates are still 50 to 100 basis points off the neutral point.</li></ul>Christopher Waller’s odds of being nominated by President Donald Trump as the next Fed Chair soared on Wednesday after the Federal Reserve Governor’s dovish comments on the central bank’s monetary policy stance.Waller now has a 26% chance of being nominated by President Trump for the Fed Chair position, up from 8% a day ago, while White House National Economic Council Director Hassett leads with a 55% chance. Former Federal Reserve Governor Kevin Warsh is now in the third spot, with a 20% chance.<figure class="image"><img style="aspect-ratio:1111/582;" src="https://news.stocktwits-cdn.com/Waller_Kalshi_Fed_Chair_jpg_62e15478c2.webp" alt="Kalshi prediction market bets on Fed Chair pick on Dec. 17" width="1111" height="582"><figcaption>Kalshi prediction market bets on Fed Chair pick on Dec. 17 | Kalshi</figcaption></figure>Polymarket users think there is a 92% chance that President Trump won’t announce the Fed Chair nominee by Dec. 31, 2025. Hassett has a 3.5% chance, Warsh has a 2.7% probability, while Waller is in third place with a 2% chance, according to Polymarket data.<figure class="image"><img style="aspect-ratio:1172/597;" src="https://news.stocktwits-cdn.com/Waller_Polymarket_Fed_Chair_jpg_67268b97a8.webp" alt="Polymarket prediction market bets on Fed Chair pick on Dec. 17" width="1172" height="597"><figcaption>Polymarket prediction market bets on Fed Chair pick on Dec. 17 | Polymarket</figcaption></figure><h2 class="st-heading-2">Dovish Outlook</h2>Speaking at the Yale School of Management CEO Summit in New York, Waller said he expects inflation to cool and that he has not seen any evidence that inflation expectations are taking off. “The labor market is telling us that we should continue cutting the rates, and that’s kinda my view about things,” he said.However, he noted that the labor market is not seeing a dramatic decline, so the Fed could ease policy at a moderate pace. “I don’t think we have to do anything dramatic,” he added.Waller also said that his view of the neutral rate is below the midpoint of 3%. “I still think we’re probably, you know, maybe we’re 50 to 100 basis points off of neutral,” he stated, while adding that there is still some room for further cuts.<h2 class="st-heading-2">Fed’s Independence</h2>Waller also emphasized the importance of the Fed’s independence. “I spent 20 years of my life working on central bank independence and why it was important. I have a long paper trail on this,” he said.Meanwhile, U.S. equities were mixed in Wednesday’s opening trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up by 0.01%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) declined 0.23%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) gained 0.43%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bullish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was down by 0.05% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/cour-udmy-stock-premarket-coursera-udemy-announce-merger/cLeOKUtREq4">UDMY, COUR Stocks Surge After Online Learning Rivals Announce AI-Focused Merger</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 Christopher Waller testifies before the Senate Committee during a hearing on nomination to be a member-designate on the Federal Reserve Board of Governors on February 13, 2020, in Washington, DC. 

Waller's Odds For Fed Chair Nomination Surge After The Fed Governor's Dovish Comments On Rate Cuts

Christopher Waller’s odds of being nominated by President Donald Trump as the next Fed Chair soared on Wednesday after the Federal Reserve Governor’s dovish comments on the central bank’s monetary policy stance.

Waller now has a 26% chance of being nominated by President Trump to serve as Fed Chair.