California Attorney General Rob Bonta filed an antitrust lawsuit to block Paramount's purchase of Warner Bros. Discovery, echoing previous failed attempts to block similar media mergers. The lawsuit was widely seen as politically motivated, aiming to score points with the progressive left by targeting media mogul Larry Ellison, a Trump ally. However, backlash from political and Hollywood circles, especially after controversial remarks by activist Mark Ruffalo, pressured Bonta into settling on terms favorable to Ellison without major structural changes. The case highlights the limits of politicized antitrust actions and suggests a cautious approach for future media mergers amid rising streaming costs for consumers.
The political turmoil around Rob Bonta's Paramount-WBD lawsuit provides context for media sector activity on Pluang. As of Sep 27, 2026 14:41 WIB, 21 of 45 media-sector stocks rose while 24 fell. Notable movers include Reddit Inc (RDDT) at USD 149.88 with a 1-day change of -1.87% and 100% sell order activity, Zillow Group Inc Class A (ZG) at USD 29.30 up 1.35% with 100% buy order activity, and TKO Group Holdings Inc (TKO) at USD 182.67 down 1.29%.
Fidelity's Jurrien Timmer reversed his cautious stance on Bitcoin for 2026 after the price broke above $80,000, confirming a double bottom pattern with lows around $60,000. This technical setup points to a potential target of $100,000, signaling the ...
Predictive markets indicate Ethereum has about a 70% chance to reach $3000 before 2027, with lower probabilities for higher targets. Solana is expected to rise to around $140, but chances diminish for prices above that. Zcash forecasts are the most v...
Bitcoin's average hash rate fell to about 915.8 million terahashes per second as of September 26, marking a three-week low. During the week ending September 26, Bitcoin miners reduced their holdings by 1,530 BTC, holding around 1.1928 million BTC in ...
Veteran trader Peter Brandt criticized the passionate XRP community, calling it cult-like, yet highlighted a potentially bullish technical setup for XRP. He pointed to a multi-year consolidation and a possible inverse head-and-shoulders pattern on XR...
Lime (Neutron Holdings) is rated a buy, with a recommendation to build positions gradually due to earnings-quality concerns and limited trading history. The stock trades at a notable discount to sector EV/EBITDA and EV/Sales medians despite strong re...
