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California AG halts settlement talks on Paramount's $110B Warner Bros deal amid leak concerns

Market News
25 Aug 2026
New York Post
View Source
Bearish
California AG halts settlement talks on Paramount's $110B Warner Bros deal amid leak concerns

California Attorney General Rob Bonta canceled a scheduled meeting with Paramount Skydance to discuss settling an antitrust lawsuit blocking Paramount's $110 billion acquisition of Warner Bros Discovery. The cancellation followed leaks of confidential settlement talks, which Bonta called unacceptable. He remains open to negotiations if conducted sincerely. Bonta argues the merger could raise prices, reduce consumer choice, and cause significant job losses in the film and TV industry. Paramount denies leaking information and stresses concerns about misreporting. The lawsuit is a major hurdle alongside a parallel case by the Writer’s Guild of America, with a trial set for March if no settlement is reached.

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WisdomTree's $1.2B tokenized money market fund receives top AAA rating from Particula.

WisdomTree's $1.2B tokenized money market fund receives top AAA rating from Particula.

Particula has assigned a AAA-rating to WisdomTree Treasury Money Market Digital Fund (WTGXX), a $1.2 billion tokenized money market fund. The fund invests in short-term U.S. Treasury securities and government money market funds, aiming to preserve ca...

Market News
Bullish
2 hours ago
AlphaPepe presale hits 12,500 holders ahead of major exchange reveal; Bitcoin eyes $100,000 target.

AlphaPepe presale hits 12,500 holders ahead of major exchange reveal; Bitcoin eyes $100,000 target.

AlphaPepe's cryptocurrency presale has surpassed 12,500 holders and raised nearly $3 million before its first public exchange listing, signaling strong community growth. More than 100 new holders join daily, with a fifth centralized exchange (CEX) pa...

Market News
Bullish
2 hours ago
Tech giants race to lead AI with new chips, models, and smart devices.

Tech giants race to lead AI with new chips, models, and smart devices.

Microsoft is intensifying its challenge to Nvidia by developing its own Maia AI processors to reduce reliance on external suppliers, with the Maia 300 launching next year promising 40% better energy efficiency. Google has released Gemini 4 Argon, a v...

Market News
Bullish
4 hours ago
Wormhole crypto drops 34% amid strong spot selling but mixed signals from perpetual market.

Wormhole crypto drops 34% amid strong spot selling but mixed signals from perpetual market.

Wormhole (W) fell 34% in one day as spot market selling intensified, signaling strong short-term bearish momentum. However, the perpetual market showed a mild bullish tilt with a Long/Short Ratio of 1.05 and 51% volume favoring bulls. Despite this, t...

Technical Signals
Bearish
4 hours ago
Madison Square Garden Entertainment posts strong Q4 revenue, expects robust Q1 with major concert residencies.

Madison Square Garden Entertainment posts strong Q4 revenue, expects robust Q1 with major concert residencies.

Madison Square Garden Entertainment (MSGE) reported a 26% year-over-year revenue increase in Q4 FY26, driven by a 29% rise in entertainment revenue and a swing to $18.6 million in adjusted operating income from a prior loss. The company anticipates a...

Company Fundamentals
Bullish
4 hours ago
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