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Meta Platforms Shares Rise on Reported Plans to Launch a Cloud Business

By Katherine HamiltonMeta Platforms shares rose on a report from Bloomberg that the technology company is building a cloud infrastructure business.The stock gained 9% to $613.65 on Wednesday morning. Shares are still down 7% this year.Bloomberg reported that Meta is developing plans for a business…

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U.S. Ethanol Production Outpaces Analyst Estimates

By Kirk MaltaisAverage weekly production of ethanol in the U.S. exceeded the expectations of surveyed analysts for the week.In its latest report published Wednesday, the Energy Information Administration said average ethanol production for the week ended June 26 was 1.117 million barrels a day. Tha…

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Futures
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Eurozone's Risks to Inflation, Growth Are Now More Balanced, Lagarde Says

By Ed Frankl and Don ForbesRisks to the eurozone's inflation and economic growth are more balanced after the decline in energy prices in the last month, European Central Bank President Christine Lagarde said Wednesday."Risks...that we had to the upside on inflation and to the downside of growth are…

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Economy
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PlayStation to Stop Physical Disc Production January 2028

By Grace YoonSony Interactive Entertainment said it would discontinue its PlayStation physical disc production for all new games released on consoles, effective January 2028.Following this date, new games will be available on PlayStation Store and at retailers in digital format only. The change wil…

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StocksJP
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PlayStation to Stop Physical Disc Production in January 2028 — Update

By Grace YoonSony Interactive Entertainment said it would discontinue its PlayStation physical disc production for all new games released on its consoles, effective January 2028.Following this date, new games will be available on PlayStation Store and at retailers in digital format only. The change…

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William Blair Completes Acquisition of Inner Circle Sports

CHICAGO--(BUSINESS WIRE)--July 01, 2026-- William Blair today announced it has successfully completed its acquisition of Inner Circle Sports, a leading boutique investment bank focused on the global sports, media, and entertainment ecosystem. The transaction expands William Blair's…

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Talos Energy Shares Rise After Subsidiary Starts $800 Million Notes Offering

By Chris WackTalos Energy shares rose after the company's production subsidiary began an offering of $800 million second-priority senior secured notes due 2034.The stock was 6.6% higher at $13.76, and is up 25% so far this year.The energy company said it intends to use the proceeds from the offerin…

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