Sirius XM Holdings (NASDAQ: SIRI), Bilibili (NASDAQ: BILI), and fuboTV (NYSE: FUBO) have a lot of speculators betting against them. A dozen years ago Sirius XM was on the brink of bankruptcy, with shares trading for as little as a nickel. It was easy to shake your head at the satellite radio provider then, bleeding money and struggling to get antitrust regulators to sign off on the combination of Sirius and XM.
U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against China's surging exports. The state-backed China Metallurgical Industry Planning and Research Institute (MPI) forecasts a 1.7% drop in China's steel demand this year, following a 3.3% decline in 2023. While China's steel exports last year climbed more than a third to their highest since 2016 at 90.26 million metric tons, about 9% of its total crude steel output, just 598,000 tons of the shipments went to the United States.
Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows. Tuesday was the U.S. Treasury's annual tax filing deadline. Investors remain concerned over lofty valuations as markets push back expectations for rate cuts from the Federal Reserve to later in the year.
U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's favour. GMB said in a statement on Friday that Amazon workers at the site would now vote on union recognition, and if approved, it would be the first time outside the United States that Amazon was required to bargain with a union over pay, hours and holiday. Amazon has historically opposed unionisation, but in 2022, workers at one of its New York warehouses forced the company to recognise a trade union in the U.S. for the first time.
The regulator calls the data a "wake up call", and says parents and industry need to do more.
Leonid Volkov was hospitalised and his arm broken in the attack outside his Lithuanian home in March.
A Trump sneaker? A mug shot? The attempts by the Trump campaign to court Black voters have been laughable — until they were not.
Fight Corporate Monopolies is hitting Rep. David Trone, a Senate candidate, and advertising in support of Rep. Mary Peltola (D-Alaska).
Intensely hyped yet pleasingly practical, these limited-edition trainers are sure to sell out. See everything you should know about Miu Miu x New Balance here.
"The intention does not appear to inflict large-scale damage, including on nearby military bases, and trigger a full inter-state war, which we continue to regard as very unlikely," Hasnain Malik, head of equity research at Tellimer wrote in a note. The CBOE Volatility index, also known as Wall Street's "fear gauge", was up 1.83 points at 19.83, its highest level in more than five months. On the earnings front, Netflix slumped 6.3% in premarket trading following the streaming video pioneer's lackluster second-quarter forecast.
Two US officials claim an Israeli missile struck Iran near the city of Isfahan overnight - although Iran has downplayed reports as Israel remained silent
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation
8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Rathbones Group Plc(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation
Formula 1 updates from the Shanghai International Circuit as China hosts the first sprint weekend of the season
What do the stars have in store for you this week?
The “lacklustre” performance was well below City forecasts of around 0.3% growth and follows a 0.1% rise in February
Prosecution witness claims Lai shared anti-China strategy with him in 2020
Prime Minister Rishi Sunak gave major speech in London on welfare reform as benefits bill ‘reaches £69billion’
The star’s history with London dates back to 2012
A local taxi driver says she's concerned Uber drivers are 'undetected'
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