Micron: The Mirage Of A Single-Digit P/E Ratio

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Movie studio Paramount on Monday agreed to settle an antitrust lawsuit filed by 12 states, the last big obstacle blocking the company’s $81 billion acquisition of Warner Bros. Discovery in a deal that would transform the movie industry landscape. In the settlement, which still needs to be approved by a judge, Paramount agreed to terms including…

State efforts to regulate algorithmic pricing are accelerating, replacing a handful of isolated restrictions with an increasingly complex patchwork of antitrust, consumer protection and data privacy rules. California, Connecticut, Maryland and New Jersey have enacted restrictions targeting different pricing practices, while New York lawmakers are considering replacing the state’s disclosure requirement with a broader prohibition….

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The United Arab Emirates is taking greater control of its payments ecosystem with the launch of Jaywan debit, credit, and prepaid cards—the first products issued under the country’s national payments scheme. Operated by Al Etihad Payments under the Central Bank of the UAE, Jaywan processes transactions through domestic infrastructure rather than relying solely on international…

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