Major luxury stocks including LVMH, Hermès, and Ferrari have dropped 15–20% since the Iran war began, far outpacing the broader S&P 500's decline of under 6%.
Netflix has raised prices across all subscription tiers by at least $1, with plans now ranging from $8.99/month for ad-supported to $26.99/month for premium.
U.S. stocks fell Friday, with the S&P 500 down 0.7% and the Nasdaq off 1.1%, capping a fifth consecutive losing week, the longest such streak in four years.
A Los Angeles jury found Meta and YouTube liable for creating addictive products that caused harm to young users, awarding $3 million in compensatory damages.
Iran has rejected a U.S. ceasefire offer and put forward its own five-point counteroffer, which includes demanding sovereignty over the Strait of Hormuz.
Just six months after Sora launched and quickly went viral, OpenAI is shutting down the AI video app as it pulls back on costs ahead of a potential IPO.
The U.S. delivered a 15-point proposal to Iran addressing the country’s nuclear and ballistic missile programs as well as control of the Strait of Hormuz.
Apollo's flagship private credit fund was overwhelmed with redemption requests totaling 11.2% of shares outstanding and will return only about 45% of request's.
