Paramount Skydance raised its full-year 2026 adjusted EBITDA guidance following strong Q2 results driven by streaming growth, particularly from Paramount+, which added 2 million subscribers. Despite declines in traditional TV revenue, cost-cutting and creative efforts improved margins. The company is preparing for its proposed $108.4 billion merger with Warner Bros. Discovery, currently delayed by an antitrust lawsuit, but remains confident the deal will close by mid-2027. Paramount expects 4% revenue growth in 2026, with streaming revenue accelerating.
Coinbase CEO Brian Armstrong argues that USDC rewards offered by Coinbase differ fundamentally from traditional bank interest, as they are funded by interest on US Treasuries rather than deposits. This distinction is central to his opposition against...
Oil prices have rebounded slightly after recent losses, with Brent near $101.80 and WTI near $96.70 per barrel. This rebound is driven by traders covering bearish positions but remains weak, reflecting ongoing uncertainty. Market focus is on potentia...
Bittensor (TAO) surged over 13% in 24 hours, breaking above a critical $276 resistance level driven by strong buying momentum. The breakout is supported by bullish technical signals like a MACD crossover and a high aggregated funding rate, indicating...
India's National Stock Exchange (NSE) raised $2.3 billion in its IPO, attracting bids worth over $10 billion, making it 5.7 times oversubscribed. The strong demand came from institutional and high-net-worth investors, valuing NSE at a price-to-earnin...
A global visual submission campaign titled "My City, My Home" has started in Fuzhou, China, ahead of World Cities Day 2026 on October 31. The campaign invites people worldwide to share photos and short videos showcasing urban development and the them...
