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Netflix Grants Warner Bros. One Week Waiver To Reopen Paramount Skydance Deal Talks
Netflix Grants Warner Bros. One Week Waiver To Reopen Paramount Skydance Deal Talks
Warner Bros. Discovery said in a press release that it will temporarily reopen talks with Paramount Skydance after Netflix granted a seven-day waiver, allowing WBD to address "deficiencies that remain unresolved and clarify certain terms of PSKY's proposed merger agreement."
"Netflix has provided WBD a limited waiver under the terms of WBD's merger agreement with Netflix, permitting WBD to engage in discussions with Paramount Skydance ("PSKY") (NASDAQ: PSKY) for a seven-day period ending on February 23, 2026, to...
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Aug 17, 2026 / Tyler Durden
"July Was A Bad Month": Jane Street Lost $15 Billion In First Down Month In A Decade
"July Was A Bad Month": Jane Street Lost $15 Billion In First Down Month In A Decade
Back in February, just around the time gold and silver had peaked at prices that seemed impossible just a year earlier...
... we warned readers that with Jane Street emerging as the biggest holder of SLVÂ with almost 21 million shares, it was time to get the hell out of the precious metal as this HFT shop, best known for spawning SBF, the 10am slam of bitcoin, and constant, unforgiving market momentum (ignition), would now...
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Apr 15, 2026 / Tyler Durden
Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks
Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks
Nvidia unveiled the world's first open-source AI models to accelerate the development of quantum computing. The news sent shares of several Asian software and cybersecurity firms soaring and sparked a rally in U.S.-listed quantum stocks in premarket trading.
Nvidia's Ising open-model family is designed to improve two critical areas: quantum processor calibration and quantum error correction. Nvidia claims the models deliver calibration capabilities it describes as industry-leading, while its decoding tools operate 2.5 times faster and achieve up to 3x...
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Apr 20, 2026 / Tyler Durden
Kuwait Declares Force Majeure As US Seizure Of Iranian Ship Escalates Tensions
Kuwait Declares Force Majeure As US Seizure Of Iranian Ship Escalates Tensions
By Charles Kennedy of OilPrice.com
Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf.
The move comes as tensions in the Strait escalated again following the U.S. seizure of an Iranian-flagged cargo vessel in the waterway.
According to Reuters, Kuwait Petroleum Corporation has notified customers that it is invoking contractual clauses allowing it to withhold certain scheduled deliveries after the blockade hindered...
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