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Check out the companies making the biggest moves in premarket trading: Warner Bros. Discovery , Netflix , Paramount Skydance — Warner Bros. Discovery’s board unanimously recommended that shareholders reject Paramount Skydance’s takeover bid and stick with Netflix’s proposal — which they called “superior.” Netflix shares ticked higher by 1.4% in the premarket. Warner shed 1.8% along with Paramount. Amazon — CNBC confirmed OpenAI is in discussions with Amazon about a potential $10 billion investment and agreement to use its artificial intelligence chips. Shares moved 1.4% higher. Lennar — The homebuilder shed 5% after its first-quarter guidance disappointed investors. Lennar expects…

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AI

Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant’s AI chips, CNBC reported. If it materializes, the deal would value OpenAI at more than $500 billion, Bloomberg reported, citing an anonymous source. The Information was first to report on the story. Amazon has been looking to diversify its bets in the AI race, which has so far seen it partner up with and invest $8 billion in Anthropic, a rival to OpenAI. The e-commerce giant earlier this month also unveiled the latest…

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Finland’s long-running gambling monopoly is set to give way to a partially competitive system after parliament approved a comprehensive overhaul of the country’s gambling legislation. Lawmakers voted decisively in favour of the reform package, bringing years of debate and legislative work to a close and setting a clear timeline for licensing and market entry.The vote marked the final parliamentary step for the new Gambling Act, which restructures Finland’s online gambling framework and ends Veikkaus’ exclusive position in several verticals. The bill now proceeds to presidential approval, which is expected before the end of the year.Parliamentary vote confirms shift away from…

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Only three months after its release, Hollow Knight: Silksong has sold over 7 million copies. Team Cherry likely knew Hollow Knight: Silksong would be a hit, but these latest sales figures show how popular the sequel to the original 2017 game has turned out to be. Following its first trailer back in 2019, Silksong quickly became one of the most anticipated games in the industry. The game was developed by Team Cherry following the success of the original Hollow Knight. While the new Metroidvania kept many of the elements that fans loved about the first game, it also had some…

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KuCoin announced an exclusive multiyear deal with Tomorrowland Winter and Tomorrowland Belgium from 2026 to 2028, making the exchange the music festival’s exclusive crypto and payments partner.The move comes just weeks after KuCoin secured a Markets in Crypto-Assets Regulation (MiCA) service provider license in the European Union.KuCoin’s MiCA play goes mass‑marketKuCoin EU Exchange recently obtained a crypto asset service provider license in Austria under the EU’s MiCA regime, giving it a fully regulated foothold in the bloc as Brussels’ new rulebook for exchanges, custody and stablecoins comes into force.The Tomorrowland deal signals how KuCoin plans to use that status, not…

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Regent street at Christmas time, LondonGetty ImagesLONDON — European stocks were broadly higher on Wednesday as investors gear up for central bank decisions.The pan-European Stoxx 600 was 0.3% higher by 1:10 p.m. in London (8:10 a.m. ET), with sectors mixed and most major bourses in positive territory. London’s FTSE 100 led regional gains with a jump of 1.6% — putting it on course for its biggest daily gain in eight months. It came after inflation data published Wednesday showed that the U.K. inflation rate cooled to 3.2% in November, down from 3.6% a month earlier.The index was lifted higher by…

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AI

MoEngage, a customer engagement platform used by consumer brands across 75 countries, has announced a $180 million Series F follow-on transaction just over a month after securing $100 million, with a majority of the latest funding providing liquidity to investors and employees through secondary transactions. In the latest raise, about $123 million was secondary, including a $15 million employee tender that provided liquidity to 259 current and former employees, while the remaining $57 million was raised as primary capital and went into the business. The round was led by ChrysCapital and Dragon Funds, with participation from Schroders Capital and existing…

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The New Cold Snap map condition for ARC Raiders is posing a serious threat to raiders in the form of frostbite. Staying too long in the cold open will cover your raider in snow as it starts chipping away at their health, one HP per tick. While playing the Cold Snap map condition is certainly rewarding, you’ll need to find a way around the life-threatening frostbite to truly maximize loot in your runs. Here’s a quick guide on how players can cure and prevent frostbite in ARC Raiders. Related ARC Raiders Just Confirmed When Its Next Big Update is Coming,…

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Digital asset platform Exodus has partnered with MoonPay to launch a US dollar-backed stablecoin for everyday payments.The Exodus Movement, which is also behind a popular crypto wallet, announced on Tuesday that its fully reserved dollar stablecoin is planned for launch in early 2026. The stablecoin will be issued and managed by MoonPay, a leading crypto payments platform and fiat on-ramp.The stablecoin will be developed using M0, a stablecoin infrastructure platform that allows companies to build, issue and manage their own custom stablecoins.The new stablecoin, which has not been named, aims to simplify digital dollar transactions for consumers without requiring crypto…

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CNBC’s Jim Cramer on Tuesday said he thinks recent money migration from artificial intelligence companies into stocks across sectors has bolstered the market even as big tech names see weakness.”Institutional money and institutional memory fled the bubble stocks months ago and moved into all sorts of non-tech growth plays,” he said. “That’s the strength of this market. That’s why the deflating of the Mag Seven means much less than the bears told you.”This migration is contrary to Wall Street’s fears of a bubble developing in data center stocks, he indicated. Cramer added that data center hype settled down months ago…

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