Netflix has agreed to acquire the studios and streaming businesses of Warner Bros Discovery (WBD) in a deal valued at $83 billion, marking one of the most consequential consolidation moves in Hollywood’s modern era. The massive takeover will position the streaming giant as the industry’s most powerful entertainment company. A deal that reshapes Hollywood The
With hybrid and other flexible work models becoming a defining feature of India’s corporate landscape, business travel is emerging as more indispensable than ever. A Deloitte report projects the corporate travel market to grow at a 10.1% CAGR, doubling to US$20.8 billion by FY2030. Meanwhile, India’s overall travel market is expected to reach US$97 billion,
Bitcoin (BTC) and Ethereum (ETH) traded slightly lower on Friday, but as a new report by Bybit and Block Scholes points out, the top coins are holding onto recent gains amid signals of a market recovery. Many other altcoins have also maintained the upward structure after Monday’s crash, with momentum likely to be anticipated if
SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year. So, is the ongoing sell-off warranted? SoFi stock price tanks amid dilution fears SoFi, a top American fintech, came under
Hewlett Packard Enterprise (NYSE: HPE stock) tumbled 9% on Friday after the company revealed that its blockbuster AI server story is hitting speed bumps. The development came as HPE reported its Q4 earnings, which displayed a mixed picture. The company posted solid profit margins but a revenue shortfall that signaled trouble ahead. HPE missed Wall
While bears dominated the broader crypto market on Friday, IOTA took it to X to celebrate ten years of operation by opening a new chapter, one that prioritizes institutional-level engagement, regulatory alignment, and scaling. According to today’s, December 5, official blog, BitGo has added support for IOTA’s Mainnet, consequently offering American businesses a compliant and
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
Snowflake stock (NYSE: SNOW) continued its plunge in the pre-market trading on Thursday, after delivering a textbook “beat-and-drop” performance on Wednesday night. The 8% pre-market drop came after the company posted its third-quarter results that comfortably topped Wall Street estimates yet failed to satisfy a market hungry for perfection. The data-cloud giant reported revenue of
Cambricon Technologies Corp. is preparing a major production increase for 2026 as China’s artificial intelligence hardware sector accelerates efforts to replace Nvidia Corp.’s technology. According to a Bloomberg report, the Beijing-based chip designer plans to more than triple its output next year, aiming to take market share from Huawei Technologies Co. and meet rising domestic
Alphabet’s growing focus on its own AI chips is changing how investors view the race for leadership in the semiconductor industry, a Bloomberg report said on Thursday. What began as an internal effort to support Google’s AI models and cloud workloads is now shaping expectations across the wider market. The company’s tensor processing unit chips