Jared Kushner – and three Arab monarchies – are at the heart of the Paramount-WBD bid | Mohamad Bazzi

David Ellison has made a $108 billion bid for Warner Bros. Discovery, a move that echoes Rupert Murdoch's strategies in media acquisitions. This bid comes amid a competitive landscape where Paramount, Comcast, and Netflix are also vying for the company, indicating a significant shift in the entertainment industry.

Oracle's shares fell 15% following the release of disappointing quarterly financial results, leading to a loss of approximately $80 billion in market value, dropping from $630 billion to $550 billion. This decline has raised concerns about a potential bubble in artificial intelligence-related stocks, particularly affecting companies like Nvidia, which is viewed as a key indicator of the AI sector's health.

American Airlines has canceled a popular route, offering refunds to affected customers, amid a decline in Canadian travel to the U.S. This trend follows a year of reduced cross-border trips, influenced by political rhetoric and economic factors.

Oracle's shares plummeted by 15% following an increase in capital expenditure forecasts, as the company intensifies its focus on artificial intelligence infrastructure. This downturn reflects investor concerns about the sustainability of Oracle's aggressive spending strategy in the face of rising operational costs.

Oracle's shares have declined significantly as investors express concerns over the company's heavy investment in artificial intelligence, particularly its partnership with OpenAI. This downturn reflects a growing anxiety that Oracle's strategic bets may not yield the expected returns, especially following disappointing earnings reports.

The US Federal Reserve has reduced its benchmark interest rate by 25 basis points, responding to persistent inflation and slowing job growth amid a lack of government data due to a shutdown. This marks a significant monetary policy shift as the Fed navigates economic uncertainties.

Former President Donald Trump is actively engaging in discussions surrounding a potential megadeal involving Warner Bros., with a particular focus on CNN's future within this context. His involvement signals a desire to influence the regulatory review process of the deal, which could have significant implications for the media landscape.

Former President Donald Trump has suggested that CNN should be sold as part of any significant media merger, emphasizing the need for changes in the leadership of the cable network. This statement aligns with his broader involvement in media acquisitions, particularly as he positions himself in the ongoing discussions surrounding major deals in the entertainment industry.