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After announcing an almost-$83 billion deal to buy most of Warner Bros. Discovery on Friday, Netflix’s top brass projected calm on Monday as Paramount Skydance lobbed a hostile bid to purchase all of WBD, and investors seemed to recoil at the sheer size of Netflix’s own offer. “Today’s move was entirely expected,” Co-CEO Ted Sarandos … Read more
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and … Read more
Investors took a cautious approach to transit software startup Via’s IPO on Friday, with shares opening below the company’s IPO price before recovering at end the day slightly higher. The company, which initially filed confidentially for IPO in July, priced its IPO at $46 per share, raising $492.9 million. Those shares slipped to $44 when … Read more
NEWYou can now listen to Fox News articles! Ken Martin, the chair of the Democratic National Committee (DNC), dismissed concerns over NYC Democratic mayoral candidate Zohran Mamdani’s unwillingness to explicitly condemn the slogan “globalize the intifada,” adding in an interview with PBS that the key to developing a winning coalition is through welcoming people with … Read more
Asian markets largely shrugged off the Trump administration’s latest announcement of tariff rates on some of its trading partners, as the U.S. president also seemingly pushed the start date for new taxes to Aug. 1. On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S’s trading partners. … Read more
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia shares rose nearly 3% on Wednesday and headed for a record close for the first time since … Read more
Former President Joe Biden early last year dismissed Special Counsel Robert Hur’s report that sparked additional concern about his mental acuity, just months after he was interviewed about his mishandling of classified documents. Axios on Friday released audio from Biden’s October 2023 interviews with Hur. In the recordings, Biden seemed to struggle to remember when … Read more
Philip Morris International boosted its annual profit guidance on Wednesday, thanks in large part to the skyrocketing popularity of Zyn nicotine pouches. The tobacco giant said it expects adjusted earnings of $7.36 to $7.49 per share for the year, an increase from its previous forecast of $7.04 to $7.17 per share. Philip Morris reported $9.3 … Read more
How does a restaurant conglomerate that relies on customers’ discretionary income earn a minor stock rally during a period of declining consumer confidence? By showing Wall Street that while consumers might be worried, they’re still hungry. Darden Restaurants, the parent company of popular chains like Olive Garden and Longhorn’s Steakhouse, saw its stock pop as … Read more
Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. Speculation that DeepSeek’s R1 model required far fewer chips to train fueled a record drop in Nvidia’s stock price last month. But during the earnings … Read more
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