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Like a thrilling corporate drama, the battle for Warner Bros Discovery acquired a sensational new subplot last week when, not willing to let go, Paramount Skydance made a comeback with a $108.4 billion all-cash hostile bid for the studio powerhouse, just days after WBD had sealed a deal with Netflix. Paramount went straight to investors… Continue reading A tale of two bids: What Netflix and Paramount’s pursuit of WBD means for Hollywood, viewers and investors

Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving. At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription service slated for 2026.… Continue reading Rivian stock soars on ambitious self-driving ambitions

Shares of Fermi plunged 40% on Friday after the data-center real estate investment company disclosed that a prospective anchor tenant had terminated a funding agreement tied to its marquee Texas project. The decision, affecting a commitment of up to $150 million for construction of Project Matador, marks the sharpest setback yet for the newly listed… Continue reading Fermi stock crashes 40% as $150M funding deal collapses

Investors often attribute moderating growth at Adobe Inc. (NASDAQ: ADBE) to the absence of an aggressive artificial intelligence (AI) strategy. In fact, they’ve punished it this year for not spending as ambitiously on AI as some of its software peers. However, Oracle earnings this week reinforced bubble concerns as the giant’s management raised its guidance… Continue reading Adobe stock: why its measured AI strategy may prove ‘winner’ in long run

Bitcoin price has surged back to the $90,000 zone, but traders warn that a mix of stretched long positions, brittle macro catalysts, and mixed ETF flows could turn today’s rally into a deeper retracement. The world’s largest cryptocurrency has become a macro-sensitive asset, and the $90,000 level may prove to be more of a false… Continue reading Can Bitcoin hold above $90K levels, or is a deeper pullback coming next?

The European Union plans to ease compliance for companies under its methane emissions law on oil and gas imports.  This change could boost US gas exports to the EU, following pressure from the Trump administration for an amendment to the policy. Starting this year, the European Union has implemented a significant regulatory change targeting methane… Continue reading EU eases methane law compliance for oil, gas imports, potentially boosting US gas

Oracle (NYSE: ORCL) crashed as much as 14% on Thursday morning after the legacy technology company raised its guidance for AI spending, even as revenue fell short of expectations in its fiscal Q2. The giant’s $16.06 billion in quarterly revenue missed estimates by some $150 million. Still, ORCL management raised its outlook for capital expenditures… Continue reading Oracle’s AI spending spree sparks biggest sell-off in months

Gold prices were slightly higher on Thursday after the US Federal Reserve cut interest rates. Meanwhile, silver prices continued to rally with the metal hitting a fresh record high on COMEX, buoyed by lower interest rates and a supply crunch. Oil prices were in the red with investors focusing on peace talks between Russia and… Continue reading Commodity wrap: silver hits record high, gold rises after divided Fed rate cut; oil prices fall

Broadcom is set to report its fiscal fourth-quarter results after the market close today, with investors closely watching whether the semiconductor giant can extend a rally that has made it one of the strongest performers in the S&P 500 this year. Fueled by enthusiasm around artificial-intelligence infrastructure, the stock has surged nearly 76% year-to-date and… Continue reading What to expect from Broadcom’s Q4 results?