Federal judge pauses merger pending antitrust reviewThe proposed merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) has encountered a significant legal hurdle after a US federal judge temporarily halted the transaction, casting uncertainty over a deal valued at approximately $100 billion.
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Trump threatens 50% tariffs on Canada, Paramount's Warner Bros deal hits pause, and more news to start your day.
(Bloomberg) -- China’s unemployment among young people could be headed for levels last seen more than three years ago, as a record number of graduates prepare to enter the labor market at a time when AI is threatening to displace more entry-level jobs.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troop
Investors are awaiting The Trade Desk's second-quarter earnings, with analysts forecasting a double-digit increase in the company's bottom-line earnings.
A group backed by BlackRock and Abu Dhabi-based fund MGX on Tuesday committed an additional $5 billion in growth capital to Aligned Data Centers, after acquiring one of the world's biggest data center operators. (Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim ZAhid)
Monster Beverage is set to report its fiscal second-quarter results shortly, with analysts forecasting a double-digit rise in earnings, underscoring expectations of continued profit momentum.
September S&P 500 E-Mini futures (ESU26) are up +0.57%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.39% this morning, pointing to a higher open on Wall Street as a rebound in chipmakers gained momentum.
Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report. The technology behemoth touched an intraday all-time high of $334.99 on Friday, July 17, reflecting surging investor optimism in artificial intelligence and pushing the company to its “highest valuation level in company history.” Artificial Intelligence Drives Sentiment Shift Apple’s recent stock surge on
Markets look ahead to a pivotal week for technology companiesUS equity futures traded higher on Tuesday as investors prepared for a busy earnings calendar led by major technology companies, while continuing to monitor escalating tensions in the Middle East and questions surrounding the sustainability of artificial intelligence investment. By 02:49 ET (06:49 GMT), Dow Jones futures had gained 170 points, or 0.
Enterprise workflow automation company ServiceNow (NYSE:NOW) will be reporting results this Wednesday afternoon. Here’s what to expect.
Plus, American AI execs sound the alarm on Chinese models, and Christopher Nolan breaks down the epic scene at the center of “The Odyssey.”
Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off. CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots. However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.
Mickey Mouse, meet Kraft Mac & Cheese. Kraft Heinz and Disney struck a deal that gives the food conglomerate a foothold in one of America’s most enduring entertainment empires. Under the multiyear partnership, Disney will serve Kraft Heinz products at its properties throughout North America, and Kraft Heinz will be able to use Disney’s characters on some goods in stores.
Defense stocks jumped as investors bet the former defense secretary will oversee an increase in the department’s spending.
Credit rating agency Moody's (NYSE:MCO) will be announcing earnings results this Wednesday before market hours. Here’s what you need to know.
By Tim Hepher and David Shepardson FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a package of €3 billion ($3.43
As strange as it sounds. Tesla’s earnings aren’t that important on its second-quarter earnings report. Come to think of it, that isn’t that strange for Elon Musk’s EV maker.
Kyiv has signed a deal to make BAE Systems-designed howitzers, a potential test of the country’s ability to make other sophisticated foreign weapons.
Energy transition company GE Vernova (NYSE:GEV) will be announcing earnings results this Wednesday before the bell. Here’s what you need to know.
The rebound comes after weeks of intense selling, partly due to concerns that hyperscalers would continue investing the massive sums in AI development they had committed at the start of the year.
Tobacco company Philip Morris International (NYSE:PM) will be reporting results this Wednesday before market open. Here’s what to look for.
FRANKFURT, July 21 (Reuters) - A German corporate initiative called "Made for Germany" on Tuesday said its 139 member firms have committed to invest more than €800 billion in the country through 2028.
I've been a Costco member for about 20 years. And when I first signed up, my warehouse trips were pretty predictable. I'd stock up on bulk groceries, grab a few household essentials, and somehow leave with far more snacks than I ever intended to buy. Over time, though, Costco became much more ...
Prevalon was established as a JV between Mitsubishi Power Americas and EES.
By Tharuniyaa Lakshmi and Purvi Agarwal July 21 (Reuters) - European shares edged higher on Tuesday after kicking off the week on the back foot, as reports of U.S.-Iran mediation efforts pushed oil
TSMC, the world's largest contract chipmaker, plans to raise chipmaking prices by up to 10% from 2027 to offset rising costs for materials, manufacturing equipment and overseas plant construction, Nikkei Asia reported on Tuesday, citing multiple sources. • Negotiations began in June and concluded in July, with new pricing set to take effect at the start of 2027, Nikkei said. • TSMC does not comment on pricing, a company spokesperson said when contacted by Reuters.
The new Fed chair can impact interest rates without lifting a finger.
Intel confirmed that it is “aligning” its Data Center Group for “long-term success,” according to reports.