Warner Bros. Discovery’s shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a mega merger that could vastly reshape Hollywood and the wider media landscape closer to the finish line.Read More

U.S. stocks declined amid escalating Iran war concerns and mixed earnings. Hopes for a swift resolution dimmed as Iran tightened control over the Strait of Hormuz and reported air defense activations. Investors also reacted to AI disruption fears in the software sector, with IBM and ServiceNow shares falling, while Texas Instruments surged on positive forecasts.Read More

US markets experienced a sharp decline on Thursday. US President Donald Trump issued a directive for the Navy to engage any boats laying mines in the Strait of Hormuz. This action heightened existing tensions in the region. US forces also intercepted Iran-linked vessels in the Indian Ocean. Investors are closely watching for resolution to these...Read More

Nasdaq is launching new products for extended U.S. stock trading. This move will allow trading for 23 hours a day, five days a week. The expansion aims to provide greater global access to popular U.S. stocks. This change is expected to begin on December 6, pending regulatory approval. The new system will handle increased trading...Read More

Lululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker’s decision to tap a CEO from turnaround-embattled Nike failed to reassure investors.Read More

Indian Energy Exchange delivered steady quarterly growth driven by record electricity trading volumes, improving revenue and profit, alongside strong yearly performance supported by higher supply liquidity and expansion across power, gas and renewable certificate marketsRead More

Cyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained strong, reflecting resilient operations and continued investments despite earnings pressureRead More

Freeport-McMoRan announced a slower-than-expected recovery at its Grasberg mine in Indonesia following a fatal flood. The company now anticipates only 65% production restoration by the second half of the year, down from 85%, impacting its ability to meet surging global copper demand. This delay, attributed to equipment modifications for wetter ore, also pushed back a...Read More

Nifty extended losses amid weakness in key sectors, facing resistance near moving averages. Analysts highlight a crucial trading range for direction while recommending select stocks showing bullish breakouts, strong momentum, and accumulation supported by rising volumesRead More

Honeywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. industrial giant’s business, sending shares down 2.3% in morning trade.Read More