Paramount has asked a federal judge to require a $1.88 billion bond from a dozen states challenging its $110 billion acquisition of Warner Bros Discovery. The bond aims to cover costs from delays, including $7 million daily fees Paramount must pay if the merger doesn't close by September 30. The trial is set for March, with final briefs due in April, by which time Paramount expects to have paid $1.3 billion in unrecoverable fees. The deal's Justice Department approval expires February 19, and Paramount argues the states have sufficient resources to post the bond. The lawsuit, filed by California and 11 other states, claims the merger would create a media giant capable of raising prices, threatening Paramount CEO David Ellison's plan to compete with Netflix and Disney. Regulatory bodies in at least 68 countries have approved or declined to challenge the merger, leaving the states' lawsuit as the main obstacle to closing the deal.
Ethena, the protocol behind the USDe synthetic dollar, is broadening its delta-neutral backing strategy from crypto to equity perpetual futures, which now have over $6 billion in open interest. This shift aims to tap into higher funding rates in equi...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Elastic reported strong fiscal Q1 results and raised its full-year guidance, leading to a roughly 15% surge in its stock price. The company's consumption-based model protects it from typical SaaS risks and positions it well to benefit from increasing...
Meta Platforms continues to attract investor interest as its advertising revenue rose 27% year-over-year in Q2 2026, driven by AI enhancements that increased ad clicks and conversions. Despite concerns over high capital expenditures and a costly laws...
Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level t...
