JPMorgan: Roblox Weekend Play Hits Highest Level Since December
JPMorgan says Roblox hit 28.7 million peak weekend users, its highest level since December. “Steal An Egg” surged.
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China State Giant in Talks to Buy Firm With Stake in Pentagon-Backed U.S. Rare Earth Miner
China Rare Earth Group is in talks to buy Shenghe, which holds about 3% of Pentagon-backed MP Materials. No deal is signed. Shenghe disputes it.
States and Paramount Near Deal on Warner Merger With Studio and CNN Safeguards
Advanced talks include a $1.5B California production commitment, a promise to keep both studio lots, and possible penalties if Paramount misses 30 films a year.
Anthropic Pushes Stock-Market Debut to November
Anthropic may go public in November at about $2 trillion after delaying an October window to show Q3 results following OpenAI’s Astra launch.
Barclays Flags Cost Cuts, Cable Decline, and Integration Risk in Paramount-Warner Merger
The $110B Warner deal offers growth but faces execution risk, cable decline, and delays.
HighPeak Energy Explores Sale After International Offer
HighPeak is testing a sale after buyer interest. The Midland Basin producer is worth about $1 billion and has $1.1 billion in long-term debt.