Netflix co-CEO Ted Sarandos defended the proposed $83 billion merger with Warner Bros. Discovery before a skeptical Senate panel, navigating questions on market dominance, content, and a pre-deal meeting with former President Trump.
The software sector has plunged into a bear market, with Anthropic's latest AI tool triggering a fresh wave of panic selling. As valuations crumble, investors grapple with existential questions about the industry's future in an AI-dominated landscape.
Shares of business software provider Pegasystems have tumbled nearly 30% year-to-date, sparking debate among investors. While recent volatility has rattled the market, a closer look at cash flow and earnings models suggests the sell-off may have created a significant valuation gap.
President Trump's nomination of Kevin Warsh to lead the Federal Reserve is seen by supporters as a move to bolster global confidence in the U.S. dollar and pursue responsible institutional reform, setting the stage for a pivotal Senate confirmation battle.
Pinterest's fair value estimate sees a modest downward revision as Wall Street weighs near-term advertising softness against the long-term potential of its AI initiatives. The evolving narrative highlights the platform's challenge in balancing current macro headwinds with future innovation.
With the 2026 tax filing season underway, many taxpayers are eager to track their 2025 income tax refunds. Here’s a guide to checking your refund status in Delaware, New Jersey, and Pennsylvania, along with insights on this year's refund trends.
In a Senate hearing scrutinizing Netflix's planned acquisition of Warner Bros. assets, Co-CEO Ted Sarandos addressed fears of post-merger price hikes by emphasizing the platform's easy cancellation policy, a remark that has drawn mixed reactions from industry watchers and subscribers alike.
U.N. Secretary-General Antonio Guterres has issued his starkest warning yet, stating the organization faces an imminent cash crisis due to unpaid member fees, primarily from the United States, and an internal budget rule forcing the return of unspent funds.
Skyward Specialty Insurance Group (SKWD) has launched a new Power Generation insurance solution aimed at small to mid-sized producers and brokers, offering customized coverage for a wide array of power assets and complementing its existing renewable energy program.
Morgan Stanley downgraded NetApp (NTAP) and slashed its price target, pointing to a CIO survey revealing the weakest hardware budget growth in 15 years. The move contrasts with a recent bullish initiation from Goldman Sachs.
Citadel founder Ken Griffin warns that an environment where corporate success depends on currying favor with the White House is 'incredibly distasteful' and undermines fair competition, even as he acknowledges regulatory relief under the current administration.
While a four-figure tax refund check feels rewarding, financial experts warn it often signals over-withholding, costing taxpayers monthly cash flow and financial flexibility.
In a pivotal Senate hearing, Netflix executives faced intense scrutiny over their proposed acquisition of Warner Bros. assets, ultimately persuading lawmakers that the vertical merger would fuel competition, preserve American jobs, and fortify the nation's cultural exports against global rivals.
A sharp selloff in software and professional services stocks rippled across global markets this week, fueled by investor fears that new AI agent capabilities from Anthropic could disrupt core business models. The downturn highlights growing market jitters over which traditional tech firms will survive the AI revolution.
A Moscow court has sentenced stand-up comedian Artemy Ostanin to five years and nine months in prison for jokes deemed to incite hatred and offend religious feelings, marking a stark application of wartime censorship laws.
Gunmen raided the remote village of Woro in Nigeria's Kwara State, killing over 30 people and torching homes and shops in one of the deadliest attacks this year in the region bordering Niger State.
Michael Burry, the investor famed for predicting the 2008 financial crisis, warns that Bitcoin's sharp decline could trigger cascading liquidations and expose vulnerabilities in corporate treasuries and tokenized markets.
In a stark earnings call, Palantir CEO Alex Karp framed the AI race as a clash between 'haves' and 'have-nots,' citing explosive U.S. growth and warning that reluctance in Canada and Europe could trigger political upheaval.
President Trump's nominee to lead the Federal Reserve, Kevin Warsh, faces a historically divided committee and a complex economic landscape, casting doubt on his ability to swiftly lower interest rates as the administration desires.
President Donald Trump has nominated former Fed Governor Kevin Warsh to lead the Federal Reserve, a move that could reshape monetary policy and ignite a contentious Senate confirmation battle amid ongoing political tensions.
