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Paramount Skydance reported first-quarter results that exceeded Wall Street expectations, driven by growth in its streaming and film businesses. The media company posted revenue of nearly $7.35 billion for the quarter, marking a 2% increase from the same period last year. The performance was supported by gains in its direct-to-consumer streaming division, which includes Paramount+,… Continue reading Paramount Skydance earnings surpass expectations amid merger shifts

European shares moved slightly lower on Tuesday as investors remained cautious following fresh attacks involving the United States and Iran in Gulf waters. Elevated global oil prices also added to market uncertainty. The pan-European STOXX 600 index declined 0.1% to 604.68 points as of 0704 GMT. The index had already recorded its steepest drop in… Continue reading European shares slip as US-Iran tensions escalate, oil stays elevated

UniCredit has turned its long pursuit of Commerzbank into a formal takeover fight. On Tuesday, the Italian lender said it had launched its €35 billion all-share offer for the German bank just one day after UniCredit shareholders approved the capital increase needed to back the deal. The takeover bid came as UniCredit reported record first-quarter… Continue reading What UniCredit’s $28B Commerzbank bid mean for European banking?

UniCredit delivered the strongest quarterly earnings in its history on Tuesday, posting a first-quarter net profit that significantly exceeded market expectations and prompted a further upgrade to full-year guidance. The results came on the same day it formally launched a takeover offer for Commerzbank, the German lender it has pursued for more than a year… Continue reading UniCredit posts record €3.2B Q1 profit, its 21st straight winning quarter

HSBC delivered a broadly flat first-quarter profit that fell short of analyst expectations, as a specific fraud-related credit charge in its UK institutional banking unit and rising provisions linked to the US-Iran conflict pushed credit losses sharply higher. The result underscores how geopolitical turbulence and isolated credit events can rapidly erode what might otherwise be… Continue reading HSBC stock outlook: can it hold gains despite Q1 profit miss?

Over the past year, OpenAI has expanded well beyond chatbots, operating more like a broad technology company with multiple business lines. A Wall Street Journal report says CEO Sam Altman briefly considered spinning off the company’s robotics and consumer hardware divisions in an Alphabet-style structure. The idea is to give those businesses their own capital-raising… Continue reading OpenAI IPO push sparks plans for robotics, hardware spinoff: report

Asian markets opened on a cautious note on Tuesday, with traders keeping one eye on oil and the other on geopolitics. The tensions between the United States and Iran continued to unsettle global markets. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% in early trade, while Australia’s benchmark slipped 0.4%. With Japan… Continue reading Hang Seng slides as Asian markets turn cautious on oil, geopolitics

US software stocks have endured a brutal valuation reset in early 2026. Protracted inflation data and shifting interest rate expectations, especially amidst the Iran conflict, have severely compressed forward multiples, prompting investors to rotate out of high-beta cloud names. Still, Ritholtz’s chief executive Josh Brown hasn’t thrown in the towel on all of them. There’s… Continue reading Josh Brown now has just one software name in his ‘best stocks’ list