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California AG says no settlement talks scheduled with Paramount
Reuters31d agoneutral
California AG says no settlement talks scheduled with Paramount

California Attorney General Rob Bonta said on Tuesday there are no ‌settlement talks scheduled with Paramount Skydance to resolve the ‌antitrust suit seeking to block the studio's proposed $110 billion acquisition of ​Warner Bros Discovery. Bonta said he canceled a scheduled Monday meeting after details of confidential settlement discussions leaked to the press, which he said was "unacceptable." "If they are willing to clean ‌things up .... and ⁠engage in a way that is sincere and in good faith, we will be where ⁠we always will be with any party in any case that we're involved in, which is happy to meet," ​Bonta said ​at a press conference on ​public safety issues.

Tesla’s Cybertruck Price Increase Shows  Cost Trumps Demand
Barrons.com31d agoneutral
Tesla’s Cybertruck Price Increase Shows Cost Trumps Demand

The dual-motor all-wheel drive version now starts at about $75,000, up from $70,000, according to Tesla’s website. Tesla, like other auto makers, is facing higher costs for everything from copper to memory chips. Price increases help offset cost inflation.

Trump's 50% tariff threat on Canada is a negotiating tactic, UBS says
Proactive31d agoneutral
Trump's 50% tariff threat on Canada is a negotiating tactic, UBS says

President Trump's threat of 50% tariffs on Canadian autos and auto parts is more of a negotiating tactic than a settled policy, UBS analysts believe. In a note Tuesday, the bank argues that the January 1, 2027 start date functions as pressure to restart trade talks rather than a firm...

Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Reuters31d agoneutral
Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports

Anthropic is likely to tell investors that it sees its ‌total addressable market (TAM) exceeding $30 trillion, ahead of ‌the $28.5 trillion estimate from SpaceX, the Wall Street Journal ​reported on Tuesday. TAM is the annual revenue opportunity available if a product or service achieved 100% market share in its relevant market. Here are a ‌few details: • To ⁠quantify its TAM, Anthropic is looking at the full scope of ⁠work that could be completed with AI models, WSJ said.

United Expands Long-Haul Network With 10 International Cities Routes
Bloomberg31d agoneutralVIDEO
United Expands Long-Haul Network With 10 International Cities Routes

United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. Bloomberg's Siddharth Philip joins to discus.

Envista (NVST): Buy, Sell, or Hold Post Q2 Earnings?
StockStory31d agoneutral
Envista (NVST): Buy, Sell, or Hold Post Q2 Earnings?

Over the past six months, Envista’s shares (currently trading at $27.36) have posted a disappointing 7.6% loss, well below the S&P 500’s 10.5% gain. This may have investors wondering how to approach the situation.

Basic Materials Roundup: Market Talk
The Wall Street Journal31d agoneutral
Basic Materials Roundup: Market Talk

BUSINESS The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1140 ET – After a strong summer rally, potash producer Nutrien has now closed a valuation discount gap, says National Bank of Canada’s Ahmed Abdullah, prompting the firm to cut its rating to sector perform from outperform.

What’s Moving the Markets Today?
The Wall Street Journal31d agoneutral
What’s Moving the Markets Today?

The Nasdaq, Dow Jones Industrial Average and S&P 500 are trading higher today, seemingly shrugging off the continuing U.S.-Canada trade fight and Scott Bessent’s “economic D-Day” against Iran. Canada tit-for-tat trade tizzy: The escalating trade drama between the U.S. and Canada has traders watching for what's next. This comes after Trump threatened 50% tariffs on automobiles and parts from Canada starting in January.

Graco (GGG): Buy, Sell, or Hold Post Q2 Earnings?
StockStory32d agoneutral
Graco (GGG): Buy, Sell, or Hold Post Q2 Earnings?

Over the past six months, Graco’s stock price fell to $80.14. Shareholders have lost 13.2% of their capital, which is disappointing considering the S&P 500 has climbed by 10.5%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.