Traders work on the floor of the New York Stock Exchange (NYSE) on March 31, 2026 in New York City. Spencer Platt | Getty Images Stocks extended their rally Thursday, even as oil prices gained, amid continued optimism among traders that the fragile two-week ceasefire between the U.S. and Iran could be sustained. The S&P…
Jeff Shell is unlikely to be directly replaced as president of Paramount, numerous insiders and people who do business with the company tell Deadline. Despite weeks of speculation about Shell’s future amid allegations that he leaked privileged information and possibly violated SEC rules, the news that he was out at Paramount still delivered a jolt…
US President Donald Trump, alongside Secretary of Health and Human Services Robert F. Kennedy Jr. and Medicare and Medicaid Administrator Mehmet Oz A surprise move from Washington has given Medicare Advantage plans a significant lift — and it could help shield seniors from some steep health-care costs. The Centers for Medicare & Medicaid Services (1)…
Experts also flagged potential near-term competitive pressure as SK Hynix moves toward a U.S. listing, which could give investors another way to gain exposure to memory chips. Bloomberg sources cited views that capital could rotate toward SK Hynix on valuation grounds. In contrast, others argued any impact on Micron may be short-lived as demand for…
Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. .wp-block-custom-everlit-iframe-embed{margin: 0 !important;} Audio recording is automated for accessibility. Humans wrote and edited the story. See our AI policy, and give us feedback. Texas hemp industry leaders and advocacy groups have sued the…
Meta has unveiled Muse Spark, the first AI model produced by its Meta Superintelligence Labs, the new AI research unit it created last year and has spent billions of dollars to staff and equip. The model is, according to benchmark tests that Meta published, competitive with leading AI models from OpenAI, Anthropic, and Google across…
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Adam Back, co-founder and chief executive officer of Blockstream, during the Bitcoin 2025 conference in Las Vegas, May 28, 2025. Ronda Churchill | Bloomberg | Getty Images A report in The New York Times says it has discovered the identity of the pseudonymous creator of…
As the battle between sports book and prediction markets continues to unfold, the head of one of the leading prediction-market companies has explained the differences in betting in the traditional sense and trading on prediction contracts. Appearing on The Axios Show, Kalshi CEO Tarek Mansour argued that sports books are “designed for customers to lose.”…
In a social media post on Tuesday evening, Trump said: “I agree to suspend the bombing and attack of Iran for a period of two weeks… subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz”.
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Palantir Technologies (PLTR 7.32%) is among the most popular investments in artificial intelligence (AI) that anyone can make, thanks to its dominant platform and emerging agentic AI service. It’s rapidly growing and has some Wall Street analysts placing lofty price targets on its stock. The most aggressive is Dan Ives from Wedbush, who has a…
The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to you, every weekday. Farmers have been fighting John Deere for years over the right to repair their equipment, and this week, they finally reached a landmark settlement. While the agricultural manufacturing giant pointed out in…
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range from a market “reckoning” to public investment being crowded out by spending on debt maintenance. Others suggest inflation will merely be allowed to rise, ultimately lowering the real value of the debt. JPMorgan Chase CEO…
There’s a lot of satisfaction and enjoyment that comes along with buying a new or used vehicle. Less appealing is the drop in value as your vehicle gets older. Depreciation is typically unavoidable, but certain vehicles tend to hold their value better than others once they enter the used car market. The reasons can vary,…
HONG KONG (AP) — A subsidiary of a Hong Kong-based conglomerate started arbitration proceedings against Danish logistics and port group Maersk, accusing the company of aligning with Panama in a scheme to take over its port operations on the Central American country’s critical canal. The Panama Ports Company, a unit of Hong Kong’s CK Hutchison…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. April 08, 2026 Minutes of the Federal Open Market Committee, March 17–18, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was…
Less than a year into the job, and with a mega merger looming, Paramount president Jeff Shell is exiting the company. The executive is set to leave the company imminently, according to multiple sources familiar with the matter. In a statement, Paramount’s board of directors said that Shell is stepping down as president of the…
The gold standard may have ended in the early 1970s, but something else quietly took its place for the next 50 years: oil. The so-called “petrodollar” system wasn’t well understood for most of this time, but a secret deal between Henry Kissinger and Saudi Arabia ensured the dollar would remain the dominant reserve currency. The…
Universal Music Group issued a brief statement Monday addressing Bill Ackman‘s proposal to acquire the record company, stating that the company’s board of directors and advisors “will review the proposal in accordance with its fiduciary duties and analyze its implications for shareholders, employees, artists, songwriters and other stakeholders.” “The Board of Directors has complete confidence…
Delivered March quarter earnings in line with initial guidance on broad demand strength driving better-than-expected revenue performance Guiding to low-teens revenue growth in the June quarter on flat capacity growth, reflecting strong demand momentum, meaningful capacity reductions, and rapid actions to recapture higher fuel Expect June quarter pre-tax profit of around $1 billion, on a…
Kite aerial of Brant Point and harbor and Coatue, Nantucket, MA. J. Greg Hinson, Md, Www.ackdoc.com | Moment | Getty Images The tiny island of Nantucket, Massachusetts, is home to some 14,000 year-round residents. Joining their ranks will cost you at least $1 million, according to a new list of luxury housing markets by Realtor.com….
– Acquisition Adds TUB-040, a NaPi2b Targeting ADC for Ovarian Cancer and other Solid Tumors, to Gilead Pipeline – – Industry Leading ADC Platform That Includes its Clinically-Validated Tubutecan Linker-Payload Technology and Next-Generation Platform to Expand Gilead’s ADC Capabilities – FOSTER CITY, Calif. & MUNICH–(BUSINESS WIRE)– Gilead Sciences, Inc. (Nasdaq: GILD) today announced it has…
Photo: Tesla Used EV sales are picking up serious momentum in the US – and now there’s hard data to back it up. According to Cox Automotive, used EVs had a standout first quarter at Manheim, the US’s largest wholesale auto marketplace. Sales hit a record in Q1, with nearly 37,000 EVs sold through Manheim’s…
Oil prices plunged in early Asian trade on Wednesday after the US and Iran agreed to a two-week ceasefire. Iran said it would allow ships to pass safely through the Strait of Hormuz for two weeks as part of the temporary truce, reopening a route that carries about one-fifth of global oil trade. Iranian Foreign…
Artificial Intelligence (AI) company Anthropic announced a new cybersecurity initiative called Project Glasswing that will use a preview version of its new frontier model, Claude Mythos, to find and address security vulnerabilities. The model will be used by a small set of organizations, including Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorgan Chase, the Linux Foundation, Microsoft, NVIDIA, and Palo Alto Networks, along with Anthropic,…
Thousands of men are members of Telegram groups and channels that advertise and sell hacking and surveillance services that can be used to harass friends, wives and girlfriends, and former partners, new research has uncovered. The findings, from a European nonprofit group, also say that the communities are involved in extensive trading, selling, and promotion…
Artificial intelligence will dramatically change the nature of work, but stop short of replacing most employees, according to a recent analysis. Over the next three years, AI will “reshape” between 50% and 55% of U.S. jobs, Boston Consulting Group researchers estimated. “What people do in these jobs will be different, even if the job is still…
Bill Ackman told investors on Tuesday (April 7) that he expects “overwhelming shareholder support” for Pershing Square‘s $64 billion takeover proposal for Universal Music Group [4,555 articles]” href=”https://www.musicbusinessworldwide.com/companies/universal-music-group/”>Universal Music Group — revealing that his first call before launching the bid was to UMG‘s largest single shareholder, and that he and proposed board chairman Michael Ovitz…
NEW YORK (AP) — Oil prices plunged below $95 per barrel, and stock markets surged worldwide Wednesday after President Donald Trump pulled back from his threat to destroy Iran. The S&P 500 leaped 2.5% after Trump announced a two-week ceasefire with Iran, less than 90 minutes before a deadline Trump had set for it to…
In late March, both Israel and Iran attacked gas fields in the Persian Gulf, the most dramatic escalation yet in the Iran war. By striking upstream energy infrastructure, the belligerents have ensured that the war will have global ramifications lasting beyond the end of the conflict. Even if the recently announced cease-fire holds and the…
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would implement certain requirements and standards under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The proposed rule would establish a prudential framework for FDIC-supervised permitted payment stablecoins issuers, including requirements related to reserve…
Today’s Change (11.42%) $6.04 Current Price $58.95 Key Data Points Market Cap $264B Day’s Range $54.80 – $59.17 52wk Range $17.98 – $59.17 Volume 185M Avg Vol 108M Gross Margin 35.24% Intel (INTC +11.42%), which designs and manufactures CPUs, GPUs, and related computing products, closed Tuesday at $52.91, up 4.19%. The stock moved higher on…
In this article .N225 @LCO.1 .NSEI Follow your favorite stocksCREATE FREE ACCOUNT Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets rallied on Wednesday after U.S. President Donald Trump said he had agreed to suspend planned attacks on Iranian infrastructure for two weeks. The move was…