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Express News | Blackrock: tactically overweight on US stocks, preferring opportunities related to the ai theme.
US stock market closed | Nasdaq hit another record high! Tesla rose more than 6%, while Nvidia fell more than 3.5% before bouncing back.
After rising by 1.6%, the China concept index saw its gains halved, with NIO Inc and Li Auto Inc rising by about 6.7%, and Xpeng rising by over 5%.
Consolidation Is a 'Requirement' in the Streaming Industry
Form 144 | Netflix(NFLX.US) Officer Proposes to Sell 15.1 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 1, $Netflix(NFLX.US)$ Officer HASTINGS REED intends to sell 22,526 shares of its common stock on Jul 1, with a total market value of approximately $15.1 million. HASTINGS
Paramount Talking Over Merging Streaming Service With Partner - CNBC
Paramount Is Hunting for a Streaming Partner, Could Kick off a Wave of Deals
Paramount Global leaders are having discussions with a number of companies to explore merging Paramount+, its money-losing streaming service. Warner Bros. Discovery has interest in merging Max and Paramount+ as a joint venture, according to people familiar with the matter. Media companies are considering new ways to better monetize streaming content after billions of dollars in losses over the last several years.