01
Wall Street Hit by Tech Rout as AI Winners Tumble: Markets Wrap
Volatility lashed Wall Street, pushing high-valuation technology shares and crypto lower while bonds pared losses after a senior Federal Reserve official signaled room for rate cuts.
Bloomberg Markets - Wednesday, December 17, 2025
10 stories~15 min
Stories Covered
02
SpaceX’s Record IPO Plan Pushes Obscure ETF Into the Spotlight
A bid by individual investors to grab a sliver of SpaceX before it goes public has propelled a niche ETF into the spotlight, highlighting retail euphoria over Elon Musk’s business empire and the scramble for private-company exposure.
03
Could Be At Start Of Prediction Market Supercycle: Tenev
Robinhood rolls out updates to its AI assistant and prediction market offerings. Robinhood CEO Vlad Tenev calls prediction markets a disruptive new market structure that can be applied to many scenarios and says the company may be at “the very beginning of a prediction-market supercycle.” He discusses it on "Bloomberg Markets" with Scarlet Fu and Tim Stenovec. (Source: Bloomberg)
04
Oil Climbs as Geopolitical Risks Mount From Russia to Venezuela
Oil rose from a four-and-a-half-year low after the US signaled tougher measures against Russia to spur a peace deal in Ukraine and declared a blockade of Venezuelan oil exports.
05
Broadcom and Oracle Debacles Put Micron Earnings Under Microscope
Micron Technology Inc., one of the hottest stocks in the market this year, is reporting earnings after the close on Wednesday, and the pressure is on with investors growing increasingly skeptical about the artificial intelligence trade.
06
US CLO Sales Reach Fresh Record in 2025 as Demand Stays Strong
Money managers have sold a record amount of bonds backed by portfolios of leveraged loans this year, profiting from heavy demand from investors for higher-yielding loans funding buyouts in a form that offers extra protections.
07
Financial Markets Have Best Regulatory Tools: Tenev
Robinhood rolls out updates to its AI assistant and prediction market offerings. Robinhood CEO Vlad Tenev addressed concerns about integrity and consumer protection in prediction markets. He said that sports-prediction markets are regulated entirely differently from sports betting, and have had the proper infrastructure in place “for decades” to manage threats from corporate insiders trading based on proprietary information. (Source: Bloomberg)
08
Standing Ready To Help With Trump Accounts: Tenev
Robinhood CEO Vlad Tenev told Bloomberg he has spoken directly with President Trump and government officials about the administration’s “Trump accounts” initiative, saying Robinhood stands ready to support the program at scale. He emphasized that the company is focused on how it can help the broader country participate in the financial system, not just its own workforce. He discusses it on "Bloomberg Markets" with Scarlet Fu and Tim Stenovec. (Source: Bloomberg)
09
UK Startup Awendio Plans $725 Million Solar-Cell Plant in Quebec
British startup Awendio Solaris is drafting plans to invest as much as C$1 billion ($725 million) into a solar technologies factory in Canada, though it still needs to secure power supply and financing.
10
Medline Jumps 30% After Raising $6.26 Billion in Year’s Top IPO
Medline Inc. shares surged 30% in their trading debut, after the medical supplier raised $6.26 billion in the year’s biggest initial public offering.