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Netflix Dropping WBD Bid Is ‘Best Move’ For Investors, Says Gary Black, Sees 18% Upside

Netflix Dropping WBD Bid Is ‘Best Move’ For Investors, Says Gary Black, Sees 18% Upside

by Rishabh Mishra | Feb 27, 2026 | General

Netflix Inc. (NASDAQ:NFLX) shares soared nearly 9% in overnight trading on Thursday as the streaming giant officially declined to raise its offer for Warner Bros. Discovery (NASDAQ:WBD). Financial Discipline Over M&A Prominent investor Gary Black, Managing Partner...
Walmart To Pay $100 Million To Settle FTC Claims Over Deceptive Delivery Driver Pay Practices

Walmart To Pay $100 Million To Settle FTC Claims Over Deceptive Delivery Driver Pay Practices

by Namrata Sen | Feb 27, 2026 | General

Walmart (NYSE:WMT) will pay a $100 million to settle a lawsuit that accuses the U.S. retailer of misleading its delivery drivers about their compensation, causing substantial income loss. The Federal Trade Commission (FTC) and 11 states lodged a case against Walmart,...
Elizabeth Warren Questions Trump’s Role In Tilting Warner Bros. Bid In Favor Of Ellison Family: ‘Looks Like Crony Capitalism…’

Elizabeth Warren Questions Trump’s Role In Tilting Warner Bros. Bid In Favor Of Ellison Family: ‘Looks Like Crony Capitalism…’

by Namrata Sen | Feb 27, 2026 | General

Sen. Elizabeth Warren (D-Mass.) has accused the Trump administration of corrupting the merger process between Netflix Inc. (NASDAQ:NFLX) and Warner Bros. Discovery (NASDAQ:WBD) in favor of the billionaire Ellison family. Warren took to X, late Thursday, to express her...
Eric Trump Says He Believes In BTC ‘Long Term’ And American Bitcoin’s ‘Growth Metric’ Is To Increase Its Stash, Not Chase Exhashes Like Other Miners

Eric Trump Says He Believes In BTC ‘Long Term’ And American Bitcoin’s ‘Growth Metric’ Is To Increase Its Stash, Not Chase Exhashes Like Other Miners

by Aniket Verma | Feb 27, 2026 | General

Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin Corp. (NASDAQ:ABTC), said Thursday that the company’s core long-term strategy is to increase Bitcoin (CRYPTO: BTC) on its balance sheet. ‘We Believe In Bitcoin In The Long Term’ During American...
Elizabeth Warren Says Trump Killed IRS Direct File Due To Lobbying By Tax Prep Companies, Introduces Bill To Bring It Back

Elizabeth Warren Says Trump Killed IRS Direct File Due To Lobbying By Tax Prep Companies, Introduces Bill To Bring It Back

by Shomik Sen Bhattacharjee | Feb 27, 2026 | General

Sen. Elizabeth Warren (D-Mass.) and Rep. Brad Sherman (D-Calif.) introduced legislation on Thursday to revive and permanently lock in the IRS’s free Direct File program, a government-run online option that lets eligible taxpayers send returns directly to the...

Nasdaq Down Over 1% As Nvidia Shares Fall: Investor Sentiment Declines, Greed Index Moves To ‘Fear’ Zone

by Avi Kapoor | Feb 27, 2026 | General

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday. U.S. stocks settled mostly lower on Thursday, with the Nasdaq Composite falling more than 1% during the session. Nvidia Corp....
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