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Paramount, Skydance Agree to Terms of a Merger
(Updates with additional details.) Paramount Global (PARA) and Skydance have agreed to terms of a merger that is expected to be announced in the coming days, CNBC's David Farber reported Monday. The p
Monday Market Showing Settlement Issues | Market Story
As a general recap, indexes were cautious and flatter on Friday. Just after 10:45 AM EST, the $S&P 500 Index traded +0.03%, the $Dow Jones Industrial Average fell 0.36%, and the $Nasdaq Composite Inde
Implications of the collapse of US software stocks: At least at this stage, AI is a replacement for software, not a benefit!
Driven by the AI boom, the tech industry is currently undergoing an unprecedented drastic reshuffle. This week's earnings reports from software and enterprise technology companies reveal the pain of this turning point — performance is generally weak, and the outlook is uncertain.
Expectations are full! Just next week, the ECB will take the lead in starting a cycle of interest rate cuts
The ECB's interest rate cut in June was fixed, but Deutsche Bank believes that the ECB is still plagued by high inflation, weak growth, upward pressure on wages, and exchange rate fluctuations. It is expected that it will not cut interest rates month by month but only once every quarter.
On the last trading day of May, the US stock market staged a "20-minute shocking reversal"! Will it continue to rise in June?
With the help of the strong rebound in the last 20 minutes of the trading day, the benchmark stock index of the U.S. stock market, the S&P 500 index, rose nearly 1% on Friday.
S&P, Closes up 4% in May | Market Story
As a general recap, indexes were catios and flatter Friday. Just after 10 AM EST, the $S&P 500 Index traded up just 0.05%, the $Dow Jones Industrial Average climbed 0.12%, and the $Nasdaq Composite In