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The cloud platform operator struck a deal valued at up to $20 billion with an AI leader.
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The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.
Societe Generale notes the Korean Won has been one of Asia’s standout performers, with USD/KRW slipping from around 1,390 to 1,360 as local exporters sold Dollars ahead of the Chuseok holiday.
Key PointsWalt Disney relies on its iconic content library and massive physical presence in theme parks to drive a diversified revenue model.
Microsoft (NASDAQ:MSFT), an enterprise software and cloud infrastructure provider, closed at $516.17. The stock rose after Microsoft unveiled a Copilot revamp.
Paramount Skydance’s $111 billion agreement to merge with Warner Bros. Discovery is not quite a done deal, but the company is preparing for the deal to close within the next few weeks.
