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Trump says he will stay out of Netflix-Paramount fight over Warner Bros

Reuters· 2026-02-05 00:02
U.S. President Donald Trump said on Wednesday he plans to stay out of the Netflix and Paramount Skydance fight over Warner Bros Discovery. ...
McKesson boosts 2026 profit forecast amid specialty drug growth
Reuters· 2026-02-05 00:01
Core Viewpoint - McKesson Corporation has raised its fiscal 2026 profit forecast, driven by anticipated strong growth in its oncology and specialty drug distribution sectors [1] Company Summary - McKesson Corporation is focusing on expanding its oncology and specialty drug distribution businesses, which are expected to contribute significantly to its profit growth in fiscal 2026 [1]
TSMC plans 3-nanometre chip production in Japan with $17 billion investment, Yomiuri reports
Reuters· 2026-02-04 23:50
Taiwan Semiconductor Manufacturing Co plans mass-production of 3-nanometre advanced chips at its Kumamoto plant in Japan, investing about $17 billion, Japanese newspaper Yomiuri reported on Thursday. ...
Boeing's defense unit to cut 300 jobs, Bloomberg News reports
Reuters· 2026-02-04 23:30
Core Insights - Boeing is reducing its workforce by approximately 300 supply-chain jobs within its defense unit, with notifications to affected employees expected this week [1] Company Impact - The job cuts are specifically targeted at the defense unit of Boeing, indicating a potential restructuring or cost-cutting measure within this segment [1] Industry Context - This move may reflect broader trends in the defense industry, where companies are often adjusting their workforce in response to changing demand and budgetary constraints [1]
Align Technology beats fourth-quarter results estimates on dental products demand
Reuters· 2026-02-04 23:16
Core Viewpoint - Align Technology reported quarterly results that exceeded Wall Street expectations and forecasted first-quarter revenue in line with estimates, driven by strong demand for its dental aligners [1] Financial Performance - The company achieved quarterly results above Wall Street expectations, indicating robust financial health and operational efficiency [1] - The forecast for first-quarter revenue aligns with market estimates, suggesting stability in future earnings [1] Market Demand - Strong demand for dental aligners has been a significant driver of the company's performance, highlighting a positive trend in consumer preferences towards orthodontic solutions [1]
Samsung opens 'Samsung House' in Milan ahead of Milano Cortina Games
Reuters· 2026-02-04 23:14
Group 1 - Samsung Electronics opened its first "Samsung House" at Milan's historic Palazzo Serbelloni [1] - The initiative aims to raise the company's profile during the Milano Cortina Winter Olympics [1]
Traders rush to lock in oil prices amid Iran geopolitical risk, more Venezuelan supply
Reuters· 2026-02-04 22:36
Core Viewpoint - Investors are actively securing oil prices at unprecedented levels in January due to concerns regarding Iranian crude supplies and an increase in Venezuelan oil shipments to the U.S. Gulf Coast [1] Group 1: Oil Market Dynamics - The surge in oil price locking is driven by geopolitical concerns, particularly related to Iranian crude supply disruptions [1] - Increased Venezuelan oil exports to the U.S. Gulf Coast are contributing to the heightened demand for securing oil prices [1]
Australia eases liquidity curbs on Macquarie Bank as risk controls improve
Reuters· 2026-02-04 22:22
Australia's prudential regulator on Thursday eased liquidity curbs imposed on Macquarie's banking unit, citing its progress in addressing the risk-control failures that triggered repeated reporting an... ...
Verizon Wireless sues T-Mobile, alleges false advertising
Reuters· 2026-02-04 22:14
Core Viewpoint - Verizon Wireless has filed a lawsuit against T-Mobile, alleging false advertising and claiming that T-Mobile's promises of over $1,000 in annual savings for consumers switching to their service have caused irreparable harm [1] Group 1: Legal Action - Verizon Wireless accuses T-Mobile of engaging in false advertising practices [1] - The lawsuit highlights the competitive tensions in the wireless industry, particularly between major players [1] Group 2: Financial Implications - T-Mobile's claims of significant savings for consumers are at the center of the dispute, with Verizon arguing that these claims are misleading [1] - The outcome of the lawsuit could have financial repercussions for T-Mobile if found liable for false advertising [1]
Exclusive: Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration
Reuters· 2026-02-04 22:11
Core Insights - The Trump administration is open to allowing China's ByteDance to purchase Nvidia's H200 chips, indicating a potential shift in U.S.-China tech relations [1] - Nvidia, the AI chipmaker, has not yet agreed to the proposed conditions set by the administration for the use of these chips, suggesting ongoing negotiations and complexities in the deal [1] Company Summary - ByteDance is positioned to potentially acquire advanced AI technology through Nvidia's H200 chips, which could enhance its capabilities in the competitive tech landscape [1] - Nvidia's reluctance to accept the proposed conditions may impact its strategic partnerships and market positioning, highlighting the challenges faced by companies in navigating regulatory environments [1]