Trump’s WLFI eyes expansion from tokenized commodities to crypto debit cards
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WBD urges shareholders to reject Paramount’s $30 bid, says Netflix deal is the safer path
LONDON — Warner Bros. Discovery’s board on Wednesday sent a formal letter to shareholders urging them to reject Paramount Skydance’s hostile $30-per-share tender offer and to support the company’s existing merger agreement with Netflix, arguing that the streaming giant’s binding cash-and-stock deal represents superior and more certain
Rising Leverage and Private Credit Strain Keep Pressure on AI Stocks
LONDON — Debt worries continued to weigh on AI-related stocks on Tuesday as investors fretted about heavy capital spending, rising leverage in the data-centre buildout and growing reliance on private and sponsor-backed debt to finance an industry already marked by high fixed costs. The sell-off in a subset of AI-exposed names
Broadcom beats estimates but tech stocks tumble as investors rotate out of AI hardware
NEW YORK — Investors sold off broad technology exposure this week even after Broadcom posted results that beat expectations, underscoring how fragile risk appetite has become amid margin worries, stretched valuations and rotation away from headline AI names. The semiconductor firm delivered solid top-line growth and flagged continuing demand for AI-related