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This week's financial press releases highlight PayPal's application to establish an industrial bank, Paramount's $30 per share offer for Warner Bros. Discovery, and J.P. Morgan's launch of a tokenized money market fund. Other notable stories include Goldman Sachs and T. Rowe Price's joint product offerings, BOXABL's board appointment, and Zillow's 2025 home search trends. Additionally, ISM reports economic growth for 2026, and.B. Corporation introduces automated payment switch technology.
T. Rowe Price Group, Inc. has reduced its indirect voting rights in Kion Group AG to 4.99%, now holding 6,544,197 voting rights attached to shares. A negligible amount of voting rights are held through shares on loan. This change was disclosed by Kion Group AG via EQS News on December 19, 2025.
Data center deals reached a record $61 billion in 2025, driven by AI infrastructure needs despite investor concerns over AI valuations and debt financing. Hyperscalers are increasingly using private equity for funding. Oracle shares fell after a report of a deal withdrawal, but analysts expect AI demand to grow. Debt issuance doubled, with Meta and Google leading. The U.S. outpaces Europe in data center growth, with the Middle East emerging as a new hub. M&A activity is expected to rise in 2026.
Elon Musk commented on a post by Pieter Levels, who invested $1 million in Alphabet Inc. after previously criticizing the company. Levels praised Alphabet's AI advancements and hardware, attributing improvements to Sergey Brin's leadership. Musk emphasized the importance of hardware, aligning with Tesla's AI chip ambitions. Alphabet and Tesla shares rose following these developments.
PepsiCo's shares have risen 5% over the past three months, attracting attention from income-focused investors. Despite a modest 1-year return of 2.55%, the company is seen as undervalued with a fair value estimate of $154.41, compared to its current price of $149.37. Strategic international expansion and disciplined growth are driving revenue, though risks include slower adoption of healthier products and cost-cutting challenges. The P/E ratio of 28.6 suggests a thin margin for error. Simply Wall St provides analysis but not financial advice.