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US-Iran talks raise hopes for peace; Meta fined $375M over child safety; Merck buys Terns for $6.7B

Market News
25 Mar 2026
CNBC
View Source
Neutral
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US President Trump announced ongoing negotiations with Iran, boosting hopes for peace and causing stock futures to rise. Meta was ordered to pay $375 million for failing to protect children on its platforms, with plans to appeal. OpenAI is shutting down its short-form video app amid cost cuts and raising $10 billion in funding. Senate Republicans and the White House near a deal to end the partial government shutdown. Merck acquired Terns Pharmaceuticals for $6.7 billion to strengthen its drug portfolio ahead of patent losses on Keytruda in 2028.

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