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California AG says no settlement talks scheduled with Paramount
Reuters32d 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.com32d 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
Proactive32d 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...

FedEx, Stock Of The Day, Eyes Buy Point — And A High-Margin Pivot
Investor's Business Daily32d agobullish
FedEx, Stock Of The Day, Eyes Buy Point — And A High-Margin Pivot

FedEx is IBD Stock Of The Day after streamlining its parcel delivery and logistics businesses. Intraday, FDX stock eased near a buy point. In 2026, the Memphis-based company has shifted away from consumer parcel delivery to target higher-margin, business-to-business segments.

Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Reuters32d 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.