Netflix has agreed to acquire the studios and streaming businesses of Warner Bros Discovery (WBD) in a deal valued at $83 billion, marking one of the most consequential consolidation moves in Hollywood’s modern era. The massive takeover will position the streaming giant as the industry’s most powerful entertainment company. A deal that reshapes Hollywood The… Continue reading Netflix says it plans to buy Warner Bros studio and streaming business
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EU hits Elon Musk’s X with $140M fine in first-ever Digital Services Act enforcement
The European Union’s first penalty under its online content law has placed new pressure on Elon Musk’s X platform as regulators move to shape how major tech firms operate in Europe. The €120 million ($140 million) fine, announced on Friday, has become a test case for how the bloc plans to enforce the Digital Services… Continue reading EU hits Elon Musk’s X with $140M fine in first-ever Digital Services Act enforcement
Cristiano Ronaldo invests in Perplexity to tap the fast-growing AI search boom
Cristiano Ronaldo has entered the artificial intelligence sector through a new stake in Perplexity AI. The move links one of the world’s most recognisable sports figures with a rapidly expanding search company that is positioning itself as a major challenger in the race for more conversational and efficient digital discovery tools. Perplexity announced the partnership… Continue reading Cristiano Ronaldo invests in Perplexity to tap the fast-growing AI search boom
Hugo Boss stock plunges 11%: is the fashion giant risking too much on strategy reset?
Hugo Boss stock (ETR: BOSS) plummeted 11% on Wednesday, their steepest single-day drop in over a year, wiping hundreds of millions from the German retailer’s market value. The sell-off was triggered by a stark warning from management: sales are projected to fall by single digits in 2026 as the company executes an aggressive “strategy reset.”… Continue reading Hugo Boss stock plunges 11%: is the fashion giant risking too much on strategy reset?
Trump signals Kevin Hassett as top pick to replace Powell, markets brace for shift
President Donald Trump gave his clearest signal yet that National Economic Council Director Kevin Hassett is the favourite to succeed Jerome Powell as chair of the Federal Reserve, sharpening market focus on the central bank’s future path for interest rates. The remarks deepen Trump’s long-running campaign against Powell, whom he has repeatedly castigated for keeping… Continue reading Trump signals Kevin Hassett as top pick to replace Powell, markets brace for shift
Why is Salesforce stock being called ‘historically cheap’: is now the time to buy?
After a choppy year for enterprise software, Salesforce (NYSE: CRM) is suddenly wearing a new label: value stock. With shares drifting near 52-week lows and valuation multiples compressing to levels rarely seen in its two-decade run, Wall Street is buzzing about a potential bargain. But in a market obsessed with immediate AI returns, “cheap” on… Continue reading Why is Salesforce stock being called ‘historically cheap’: is now the time to buy?
The AI race heats up as bubble fears continue to worry investors
The past few months have felt like watching a new industrial revolution develop at fast-forward speed. Each week, another breakthrough model arrives. Another tech giant hints at a new data centre the size of a town. Another start-up floats a valuation that would have seemed absurd a year ago. Investors have been trying to ride… Continue reading The AI race heats up as bubble fears continue to worry investors
Amazon Trainium3 AI chip: 5 ways it threatens Nvidia
Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after the tech titan unveiled its next-gen AI accelerator – Trainium3 – that may challenge Nvidia’s (NASDAQ: NVDA) dominance in high-performance computing. With promise of lower costs, massive scalability, and seamless integration into AWS infrastructure, Trainium3 could reshape the economics of training frontier artificial intelligence models.… Continue reading Amazon Trainium3 AI chip: 5 ways it threatens Nvidia
BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks
Bank of America Global Research boosted its year-end projection for the STOXX 600 index to 530 from 500 on Friday, citing sustained resilience in global GDP following a recent truce in US-China trade talks. The pan-European benchmark, which closed Thursday at 535.86, is still around all-time highs, indicating market optimism amid persistent geopolitical uncertainties. According… Continue reading BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks
