UK Approves Paramount’s $110 Billion Warner Bros. Merger

The British government has approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, following assurances…

SoftBank Secures $10 Billion Loan Backed by OpenAI Stake

SoftBank Group Corp. has secured a $10 billion margin loan backed by its stake in OpenAI,…

Treasury Secretary Declares K-Shaped Economy Is Over

U.S. Treasury Secretary Scott Bessent declared the K-shaped economy is officially over during a CNBC interview…

Disney Q3 Earnings Beat Estimates, Shares Rise 3.65%

Walt Disney reported quarterly earnings that exceeded analysts' expectations on Wednesday, driven by strong performances in…

FTSE 100 Gains as Gold Prices Rise, Pru and HSBC Decline

The FTSE 100 rose by 51 points to 10,931 on August 5, 2026, buoyed by increases…

UK Service Sector Growth Hits Three-Month High in July

The UK service sector reported a growth rebound in July, reaching a three-month high with a…

AMD Reports Strong Q2 Earnings Amid AI Market Growth Outlook

Advanced Micro Devices (AMD) reported second-quarter revenue of $11.54 billion on Wednesday, surpassing Wall Street estimates…

U.S. Government Refunds $100 Billion of $165 Billion Tariffs

The U.S. government has refunded approximately $100 billion of the $165 billion collected from tariffs imposed…

Paramount Faces $1.18B in Fees Ahead of March 2027 Trial

Paramount's planned merger with Warner Bros. Discovery (WBD) faces significant financial implications as a federal judge…

Lucid Q2 Revenue Misses Estimates; Stock Faces Short Squeeze

Lucid Group reported a second-quarter revenue of $405.35 million, falling short of analyst expectations of approximately…