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Fitch Withdraws EA Bond Rating Amid $55 Billion Buyout Dispute

Electronic Arts NASDAQ:EA bondholders may have gained a new advantage after Fitch withdrew its investment-grade rating on the notes linked to the company's planned $55 billion all-cash leveraged buyout. The deal, backed by Silver Lake, Jared Kushner's Affinity Partners and Saudi Arabia's Public Inv…

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Trump Disclosure Puts Nvidia and Apple in Focus

Nvidia NASDAQ:NVDA, Palantir (NASDAQ:PLTR) and Apple NASDAQ:AAPL are drawing attention after the U.S. Office of Government Ethics released President Donald Trump's 2025 certified financial disclosure report.The filing runs 927 pages and shows Trump held large investments across stocks, ETFs and cry…

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Stocks US
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SpaceX Offers 50% Starlink Discount Amid Data Center Pushback

SpaceX NASDAQ:SPCX is offering Starlink discounts in Memphis, Tennessee, as the Elon Musk-led company faces growing pressure from community opposition and legal challenges tied to its data center operations in the area and nearby Mississippi.Customers who opt in could receive Starlink service plans…

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ETFsStocks US
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Oracle Extends Seven-Day Slide

Oracle (ORCL, Financials) fell for a seventh straight session, closing down 0.82% at $146.55 as selling pressure continued to build around the stock.The decline adds to a difficult stretch for the software and cloud company. Oracle had already lost nearly 15.6% over the previous six sessions, and t…

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Stocks US

Oracle Shares Climb After William Blair Names It Top AI Pick

Oracle NYSE:ORCL was added to William Blair's July Analyst Conviction List, while Meta Platforms NASDAQ:META was removed as part of the firm's latest portfolio refresh.William Blair said Oracle is positioned to benefit from growing artificial intelligence infrastructure spending as hyperscale cloud…

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Stocks US
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Nike Falls as Weak Outlook Offsets Earnings Beat

Nike (NKE, Financials) gave investors a better-than-expected quarter, but not enough to ease concerns about its recovery.Shares fell more than 3% in premarket trading Wednesday after the company said sales could keep declining through the first half of fiscal 2027. That warning mattered more to the…

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Stocks US
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Alphabet Faces South Korea Antitrust Case

Alphabet (GOOGL, Financials) is under renewed regulatory pressure after South Korea's antitrust regulator accused Google of using its dominance in the Android app market to make it harder for rival app stores to compete.The Korea Fair Trade Commission (KFTC) said its investigation found Google's co…

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EconomyStocks KR
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Gold Rebounds Above $4,000 After 14% Quarterly Drop as Fed Signals Loom

Gold (GLD) moved back above $4,000 an ounce as investors weighed the Federal Reserve's next policy signals, fresh inflation concerns, and progress in US-Iran talks. Spot gold rose 0.6% to about $4,030 an ounce after briefly falling below $4,000 earlier in the session, its lowest level since Novembe…

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EconomyFutures
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Lime Prices $174 Million IPO at $1.6 Billion Valuation

Neutron Holdings Inc., better known as Lime, has raised $174 million in a US IPO alongside some existing shareholders, pricing its shares at $25 each. That came at the midpoint of the marketed $24-to-$26 range, giving the Uber Technologies Inc. NYSE:UBER-backed scooter and bike rental company a mar…

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Stocks US
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Tesla Falls Ahead of Delivery Report

Tesla (TSLA, Financials) slipped in premarket trading even as June registrations improved in several European markets.The latest regional data showed Tesla registrations more than doubled in France, rising 104.9% from a year earlier. Registrations also increased 56.3% in Sweden and 39% in Denmark…

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Stocks US

BYD Posts Second Straight Month of Sales Growth

BYD (BYDDY) rose 1.08% in premarket after the Chinese electric vehicle maker reported a second consecutive month of global sales growth in June, with total sales rising 5.5% year-on-year to 403,472 vehicles. Overseas sales jumped 94.7% from a year earlier to 175,349 vehicles, providing the primary…

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Stocks CN

Paramount's $110 Billion Warner Deal Nears EU Decision

Paramount Skydance NASDAQ:PSKY has formally offered commitments to the European Union as it looks to secure approval for its $110 billion takeover of Warner Bros. Discovery NASDAQ:WBD. The European Commission disclosed the move in a Wednesday filing but did not provide details of the proposed remed…

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Stocks US
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ServiceNow Rises on Guggenheim Upgrade

ServiceNow (NOW, Financials) rose Wednesday after Guggenheim turned more positive on the stock, saying the recent drop has made the price more appealing.Shares climbed 4.5% in premarket trading after analyst John DiFucci upgraded ServiceNow to Buy from Neutral. He said the company remains profitabl…

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Stocks US
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Alcoa Shares Drop Nearly 5% After $5.6 Billion South32 Deal

Alcoa NYSE:AA has agreed to acquire South32's bauxite, alumina and aluminum assets in a deal valued at up to $5.6 billion, strengthening its position as one of the world's largest integrated aluminum producers. The transaction includes $3.1 billion in cash, about $1 billion in Alcoa shares, and $75…

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