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Business

A tale of two bids: What Netflix and Paramount’s pursuit of WBD means for Hollywood, viewers and investors

Like a thrilling corporate drama, the battle for Warner Bros Discovery acquired a sensational new subplot last week when, not willing to let go, Paramount Skydance made a comeback with a $108.4 billion all-cash hostile bid for the studio powerhouse, just days after WBD had sealed a deal with Netflix. Paramount went straight to investors

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Trader’s playbook: why Fed liquidity cues matter more than ever for crypto

Digital currencies are experiencing significant bearishness, with faded liquidity preventing upsides and accelerating every dip. Cryptocurrencies remained unmistakably cautious the past week, with major headlines failing to spark rallies, at least as analysts and traders expected. The rate cut that failed to lift crypto All eyes remained on the December 10 FOMC this week. You

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Apple stock seen entering ‘AI revolution’ in 2026: here’s what it may look like

Apple Inc. (NASDAQ: AAPL) faces frequent criticism for lagging in artificial intelligence innovation compared to aggressive moves by Microsoft, Google, and Meta. However, 2026 will finally mark the giant’s entry into an “AI revolution”, argues Wedbush’s senior analyst, Dan Ives. Ives maintained his “outperform” rating on AAPL shares this week, raising his price target to

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SpaceX to OpenAI: Mega IPOs set to debut in 2026

The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anticipated domestic offerings, investor appetite is building ahead

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BBVA integrates ChatGPT into daily banking operations

BBVA is moving artificial intelligence from limited trials into everyday banking work by extending access to ChatGPT across almost its entire organisation. The Spanish lender is giving more than 120,000 employees access to ChatGPT Enterprise after an internal pilot showed measurable efficiency gains, reports Bloomberg. The expansion reflects a broader shift in the financial sector,

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Russian oil exports shift in November: Baltic surge counters southern collapse

Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations.  This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the completion of maintenance work at several refineries. Despite the small change in

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ZEC surges 10%, eyes the $500 psychological level

The cryptocurrency market has performed positively over the past 24 hours, with Bitcoin and other major coins currently in the green.  ZEC, the native coin of the Zcash blockchain, is the best performer among the top 20 cryptocurrencies by market cap. The coin is now trading around $450 and could rally towards the $500 psychological

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India’s retail inflation rises to 0.71% in November as food deflation eases

India’s annual retail inflation increased to 0.71% year-on-year in November, rising from a record low of 0.25% in October, according to government data released on Friday. The figure was broadly in line with consensus polls, which had forecast inflation at 0.7%. Despite the uptick, November marked the third consecutive month in which inflation remained below

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Goldman Sachs sees S&P 500 to jump 10% in 2026 powered by AI

US equities are set to reach fresh record highs next year, supported by stronger corporate earnings, broadening artificial intelligence adoption, and resilient economic growth, according to Goldman Sachs strategists. The outlook adds to a growing consensus among major financial institutions that the ongoing market rally still has room to run. AI-driven productivity expected to boost

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Cannabis stocks surge as Trump signals shift on US marijuana policy

US-listed cannabis stocks saw sharp premarket gains on Friday after fresh reporting pointed to a possible change in federal marijuana policy under President Donald Trump. The development revived investor focus on regulatory risk, funding constraints, and the industry’s long-stalled growth prospects. An article published by the Washington Post said Trump is expected to push the

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