Latest Updates Around The World
New on the block Mercedes-Benz Group AG is planning to sell part of his 35% stake in Daimler Truck Holding AG to raise money, valuing the stake at around €12 billion ($14.2 billion). Proceeds will be returned to shareholders and details of the sale will be provided in May. Despite the cash flow, Mercedes-Benz is […]
Of Netflix Inc. (NASDAQ:NFLX) will report earnings on January 20, prediction market traders Kalshi demonstrate high confidence that executives will highlight subscriber trends, pricing strategy and live content during the call. Prediction markets point to profits and call focus Markets that track whether specific terms will be mentioned show strong opportunities for ‘subscriber’ and ‘Hollywood’, […]
Donald Trump’s son-in-law, Jared Kushner’s private equity firm, Affinity Partnersreportedly leaves the fight to acquire Warner Bros. Discovery (NASDAQ:WBD). Affinity Partners leaves the Paramount-backed bid Earlier this month, Paramount Skydance Corp (NASDAQ:PSKY) launched a $108 billion hostile bid for Warner Bros. Discovery. They leveraged the backing of Affinity Partners and Middle Eastern sovereign wealth funds. […]
Sunday, Chairman Donald Trump said he plans to play a direct role in the federal review of Netflix Inc (NASDAQ:NFLX) takeover of Warner Bros. Discovery (NASDAQ:WBD)even as he praised the former’s co-CEO, Ted Sarandos. Trump signals a practical assessment of Netflix’s offer “I will be involved in that decision,” Trump said told Deadline’s Ted Johnson […]
Economic uncertainty and changing market dynamics have increased investor sensitivity recently, leading to notable swings in stock prices. This volatility, driven by a mix of company-specific developments and broader sector trends, has resulted in significant losses for some large-cap stocks over the past week (December 1-5). Are these stocks in your portfolio? Symbotic Inc. (NASDAQ:SYM) […]
New on the block Swiss life sciences giant Lonza group is shopping the capsules and health ingredients division, and the shortlist is full of private equity heavy players. In the running: Altar, Lone Star FundsAnd One rock capital. Expected sales price: minimum €2.5 billion (US$2.8 billion). Think of it as a showdown along the supplements, […]
Economist Justin Wolfers has issued a stark warning that white-collar professionals are now facing their ‘Detroit auto worker’ moment due to the rise of artificial intelligence (AI). AI comes before cognitive jobs Wolfers argued on MSNBC that, unlike every major technological shift in the past, AI is the first to replace cognitive work in place […]
Thursday is the Walt Disney Company (NYSE:DIS) made clear that it has no plans to join the increasingly intense merger and acquisition talk in the sector. Disney is confident in its IP portfolio as rivals explore options During the company’s fourth-quarter earnings call BofA securities analyst Jessica Reif Cohen asked whether Disney saw a role […]
It’s been a busy week in the world of technology and entertainment. Here’s a look at the top Apple stories you might have missed. The Trump Administration’s Influence on Warner Bros. Discovery Warner Bros. Discovery (NASDAQ:WBD) is considering bids for its assets Paramount Skydance (NASDAQ:PSKY) and Apple Inc. (NASDAQ:AAPL) are potential buyers. The Trump administration […]
Microsoft Corp MSFT Was a beneficiary of a hit Box Office film earlier this year, with “a Minecraft film” as one of the most profitable adjustments of video games of all time. The Tech Gigant hopes to have another cash register break with his new collaboration with Paramount Skydance Prassy. MSFT shares shows upward bias. […]
