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The long-awaited U.S. antitrust case targeting Live Nation Entertainment and Ticketmaster officially enters its most consequential phase this week, with jury selection beginning in Manhattan federal court. Opening statements are expected Tuesday, marking the first time a jury will hear—under oath, and in public—the government’s argument that the dominant force in concert promotion, major venues,…
When Netflix co-CEO Ted Sarandos left the White House on Feb. 26, journalists tracking the streamer’s bid to buy Warner Bros.’ storied movie and TV studios, along with HBO Max, scoured photographs capturing his every expression, from the slightest hint of defeat to a smile. Ultimately, he looked like the cat who ate the canary….
Updated: March 3, 2026, at 5:29 p.m. GW sold the Virginia Science and Technology Campus for $427 million to Amazon Data Services, which plans to develop the site into a data or information technology center. Friday’s deal, which officials announced without disclosing the buyer or price point, transfers all of GW’s roughly 122 acres of…
The incidents occurred on Sunday morning, with Amazon Web Services (AWS) saying at the time that ”objects” had hit a data centre in the UAE, creating ”sparks and fire”. Also on Sunday, AWS said it was investigating power and connectivity issues at a facility in Bahrain.
UPDATED Multiple Amazon Web Services (AWS) availability zones in the Middle East are experiencing outages or degraded connectivity after objects struck a UAE facility, as Iranian retaliatory missile and drone attacks hit targets across the Gulf. The disruptions came a day after the US and Israel launched strikes on Iran. At 1251 UTC, Amazon began…
At the outset of any escalation in geopolitical conflict, the humanitarian cost of military action will be the first question for many. When tensions between the U.S. and Iran erupted into war this weekend, economists were mindful of the potential loss of life and livelihoods. Still, they observed that the reaction in financial markets was…
Analysts have warned that the loss of Qatari LNG could trigger a severe new energy crisis © Bloomberg US liquefied natural gas exporters are racing to capitalise on a 50 per cent price surge in European and Asian markets triggered by the conflict in Iran, which knocked out supplies from LNG powerhouse Qatar. Venture Global…
Palantir Technologies Inc. (NASDAQ:PLTR) stock was jumping in premarket trading on Monday, as the ongoing U.S.-Iran military conflict renewed investor appetite for defense-linked artificial intelligence companies. The move comes as broader markets slumped. Dow Jones futures fell 1.03%, S&P 500 futures dropped 1.12%, and Nasdaq 100 futures declined 1.35%, following confirmation over the weekend that…
Wagers on popular prediction markets tied to the fate of Iranian Supreme Leader Ayatollah Ali Khamenei and the timing of U.S. military strikes in the country are drawing scrutiny over possible insider trading and the ethics of betting on death. Users of Kalshi and Polymarket have flocked to the platforms in recent weeks to wager…
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares fell Monday after the conglomerate reported a sharp decline in fourth-quarter operating earnings, while new CEO Greg Abel…
Paramount executives stressed Monday that once merged with Warner Bros. Discovery, the company combined has no plans to unload any legacy cable networks. CEO David Ellison and COO and Chief Strategy Officer Andy Gordon were asked about that several times by analysts on a call. They have spoken frequently already about the logic of…
In the lead-up to the United States and Israel’s attack on Iran, prediction markets saw a frenzy of activity tied to the conflict. Speculators rushed to guess when the first missile strikes would begin and who might be impacted, placing trades worth hundreds of millions of dollars in total. There are already big winners—and some…
So long, 5.99%. Mortgage rates jumped on Monday as the US-Israeli strikes on Iran sent oil prices surging, and Treasury yields rose amid fresh concerns about inflation. The average 30-year mortgage rate jumped 13 basis points to 6.12%, according to Mortgage News Daily, pushing rates off 3.5-year lows. In the long-term, mortgage rates are influenced…
Did the promises of 5G ever happen? I don’t know. 5G is fine. It seems mostly mature at this stage and our wireless networks in the US are all pretty good. T-Mobile’s network wins awards, Verizon’s does too, and AT&T’s is right there with both of them. I see “5G UW” all of the time…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re coming off a weekend that could have long-term ramifications for world politics, so let’s dive in. Stock futures are tumbling this morning. The market notched a losing day and week on Friday. Here are five key things investors need…
Robot phones, a folding smartphone you can dunk, and a modular laptop concept that lets you swap in ports as needed. Robot phones, a folding smartphone you can dunk, and a modular laptop concept that lets you swap in ports as needed. Updated Mar 3, 2026, 3:34 PM UTC Andrew Liszewski is a senior reporter…
MCB Real Estate announced today that a new Costco Wholesale store is planned for the VIVA White Oak development. The proposed warehouse will be approximately 162,000 square feet and will serve as the first major retail anchor for the 280-acre mixed-use project. According to MCB, the addition of Costco reflects strong retail interest in the…
Paramount executives stressed Monday that once merged with Warner Bros. Discovery, the company combined has no plans to unload any legacy cable networks. CEO David Ellison and COO and Chief Strategy Officer Andy Gordon were asked about that several times by analysts on a call. They have spoken frequently already about the logic of…
Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news cycle very focused on developments in Iran, most coverage attempts to correlate geopolitical events with market movement. The only legitimate way to do this would be…
About CoherentCoherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth. Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global…
Smoke rises from buildings in Tehran after a strike on Monday. The mood among investors was quite fragile even before the strikes on Iran began © Mohsen Ganji/AP Reading too much into immediate short-term market reactions to major geopolitical news events is ghoulish and foolish. People are dying and no one knows what will happen…
Prediction markets are facing renewed scrutiny from federal lawmakers after wagers about the fate of Iranian leader Ayatollah Ali Khamenei, who was killed in the Saturday bombardment of Iran. “It’s insane this is legal,” said Sen. Chris Murphy, D-Conn., in a post to X, referring to another post highlighting people who had made money on…
On Dec. 31, billionaire Warren Buffett, who helped transform Berkshire Hathaway (BRKA +0.48%)(BRKB +0.61%) into a trillion-dollar business over more than half a century, called it a career. Wall Street’s preeminent buy-and-hold investor stepped down from the CEO role and handed the reins over to successor Greg Abel. Although the Oracle of Omaha has been…
About LumentumLumentum (NASDAQ: LITE) is a global leader in optical and photonic technologies that power the networks and infrastructure behind AI, cloud computing, and next-generation communications. Built on decades of photonics innovation, Lumentum delivers high-performance lasers, modules, and optical subsystems that enable scalable, energy-efficient data center connectivity, advanced telecom networks, industrial manufacturing, and sensing applications. Headquartered in San Jose, California, the company…
In this article VSNT Follow your favorite stocksCREATE FREE ACCOUNT Versant Media debuts it’s IPO at the Nasdaq on Jan. 5th, 2026. The Nasdaq Versant Media Group will release its first earnings report as a public company on Tuesday, giving Wall Street its first glimpse inside a company made up primarily of pay TV networks….
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Netflix co-chief CEO Ted Sarandos has spoken out for the first time since losing the bid to buy Warner Bros. Discovery. Sarandos gave the interview to Lucas Shaw at Bloomberg, where he didn’t mince words about losing out to Paramount. In the Q&A, Shaw mentioned that Sarandos was “dealing with an unusual other buyer.” Popular…
U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of Iran over the weekend. The selloff comes after President Donald Trump warned more casualties are likely from Operation Epic Fury, joining the first ones reported, while the FBI is investigating a mass shooting last night in Texas…
In this article Follow your favorite stocksCREATE FREE ACCOUNT Qatar said Monday it halted liquefied natural gas production due to attacks by Iran on two key operating facilities, as the Islamic Republic widened retaliatory strikes to target regional energy infrastructure of its Persian Gulf neighbors. Qatar is one of the world’s largest providers of LNG….
U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of Iran over the weekend. The selloff comes after President Donald Trump warned more casualties are likely from Operation Epic Fury, joining the first ones reported, while the FBI is investigating a mass shooting last night in Texas…
It’s been a rough year for Bitcoin (BTC +1.95%) and cryptocurrencies in general. Still the largest crypto asset globally, Bitcoin’s price has fallen to just $65,000 in recent weeks. Its total market cap is down to around $1.3 trillion. Another price surge, however, could be just around the corner, according to one Wall Street analyst….
In the hours after Netflix (NASDAQ:NFLX) walked away from its bid for Warner Bros. Discovery (NASDAQ:WBD) on Thursday, clearing the path for Paramount Skydance’s (NASDAQ:PSKY) $111 billion takeover of one of Hollywood’s most storied studios, a prominent film critic was already calling it a disaster in the making. On the latest episode of “The Big…