NEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance Media.The potential deal had...
JPMorgan's Top Strategist Sticks To Bearish S&P 500 Forecast, Warns Of 2008-Like Crash: 'Equities Continue To Price In Little Downside Risk'JPMorgan Chase & Co. continues to hold one of the most pessimistic views on Wall Street regarding the U.S. stock...
(Bloomberg) -- A series of legal battles in Louisiana has slowed construction of pipeline projects worth more than $2 billion in the state. Yet the litigation wasn’t from environmentalists: It was spearheaded by one of the biggest natural gas pipeline...
WILMINGTON, Delaware (Reuters) -Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return "unlawful profits."The lawsuit comes...
AI prodigy Nvidia (NASDAQ:NVDA) stock has risen colossally from $15 (split-adjusted) when I first wrote about it to almost $121 currently. It surpassed Apple to become the world’s second-highest-valued company. I also predicted that NVDA could go for a stock split,...
(Reuters) - GameStop said on Tuesday it had completed an "at-the-market" equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill's first livestream in three years.Shares of the videogame retailer,...
A recent survey by the TIAA Institute and the Stanford-based Global Financial Literacy Excellence Center (GFLEC) reveals significant gaps in Americans’ knowledge about retirement essentials like Medicare, Social Security, and workplace savings plans.The survey, which polled nearly 3,900 people aged...
Paramount Global (PARA) shares sank nearly 8% on Tuesday after Shari Redstone, who controls Paramount through her family's holding company National Amusements (NAI), ended merger talks with Skydance Media, NAI confirmed in a statement.As first reported by the Wall Street...
(Bloomberg) -- GameStop Corp. raised roughly $2.14 billion from a share sale program as it capitalized on a stock rally after Keith Gill talked up the shares following his return to YouTube.Most Read from BloombergThe video-game retailer has now raised...
(Bloomberg) -- Oracle Corp. reported better-than-expected bookings, suggesting continued momentum for the company’s effort to compete in cloud computing against its larger tech rivals. The shares jumped about 9% in extended trading.Most Read from BloombergTotal remaining performance obligations, a measure...
