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Netflix Stock Hits 52-Week Low, Analysts Cut Price Targets, See Warner Bros. Deal as a Drag - hollywoodreporter.com
Street reactions to the latest earnings update range from “overall fundamentals of the business remain solid” to “trying to be Superman, but not immune to Kryptonite.”
Supreme Court to Weigh Trump’s Bid to Fire Lisa Cook - The Wall Street Journal
The Supreme Court is hearing oral arguments on Trump’s authority to remove members of the Federal Reserve. The hearing begins at 10 a.m. ET. Follow along for live updates and analysis as the hearing unfolds.
Dimon Says Trump’s Card Cap Would Spell ‘Economic Disaster’ - Bloomberg
Jamie Dimon said President Donald Trump’s proposal to cap credit-card interest rates would spell “economic disaster” for the US, forcing banks to pull credit lines for many Americans.
‘It’s Now Happening’—Urgent $38 Trillion U.S. Dollar ‘Collapse’ Warning Issued As Markets Brace For Gold And Bitcoin Price Shocks - Forbes
Traders are braced for this week’s inflation reading to be higher than previously expected—triggering warnings of “unprecedented stagflation”…
Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe - CNBC
The move underscores Greg Abel’s willingness to look past a deal that has long stood out as a rare blemish in Buffett’s otherwise storied record.
ECB’s Lagarde Left Davos Dinner After Lutnick Slammed Europe - Bloomberg.com
European Central Bank President Christine Lagarde abruptly walked out of an invitation-only sit-down dinner in Davos after US Commerce Secretary Howard Lutnick started laying into Europe, according to people familiar with the matter.