Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to […
Even with a few short-lived roller coaster rides, the stock market had a strong week. Though there was some selling on Friday, the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed up over the week as a whole, while the Dow Jones Industrial Average ($INDU) closed lower by 0.07%. Earnings season has started on a […]
Definition In the money is an option with intrinsic value that can currently be cashed in at a profit. In the money (ITM) refers to an option that’s profitable (not counting trading costs) or has intrinsic value. An ITM call option means the option holder can buy the security at a price below the market price. An […]
Former Rep. Billy Long, who was nominated by President Donald Trump to be ambassador to Iceland, has apologized after privately joking to House lawmakers that the Arctic island would become the ’52nd state’ with him as its governor. Long, a Republican who represented Missouri from 2011 to 2023 and served a brief stint as IRS […]
Definition A put option is a contract in the options market that gives its owner the right but not the obligation to sell an asset for a certain price by a set date. What Is a Put? A put is a contract sold in the options market that gives its owner the right, but not […]
Investing.com — The Philippine peso is approaching a record low as the country’s central bank, Bangko Sentral ng Pilipinas (BSP), plans further interest rate cuts amid slowing economic growth. The BSP’s next decision is expected on February 13. According to Bloomberg News, financial institutions such as Goldman Sachs Group Inc (NYSE:GS)., Barcla
Iranian protesters are facing their deadliest days yet as security forces unleash mass killings and executions in a sweeping crackdown some have labeled ‘genocide,’ new reports say. According to The Sunday Times, a report compiled by doctors entrenched in the region and reviewed by the outlet, estimates that security forces have killed at least 16,500
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts […]
Towards the end of the fifth season of ‘Stranger Things,’ the character of Will Byers gathers his family and friends together. He has good reason. They need to prepare for the final battle against Vecna, a terrifying, skinless monster with a penchant for mass murder and apocalyptic terrorism. But instead, Will comes out as gay. […]
Israeli Prime Minister Benjamin Netanyahu and U.S. Secretary of State Marco Rubio discussed the possibility of U.S. intervention in Iran, according to a report. The two leaders spoke by phone Saturday as Israel is on ‘high alert,’ preparing for the possibility of U.S. military intervention in Iran, according to Reuters, citing multiple Israeli sources
