Iran Increases Hormuz Attacks, Paramount Closes Warner Bros Deal, More
Summary
Iranian tanker attacks in the Strait of Hormuz are rising, yet oil flows remain steady with Brent crude topping $100. Paramount Skydance completed its $81 billion acquisition of Warner Bros. Discovery, creating a new media giant with significant debt and integration challenges. Markets hit record highs as the S&P 500 rallied on dovish central bank signals, while San Francisco Fed President Mary Daly warned of prolonged AI-driven economic shocks. JPMorgan’s Jamie Dimon highlighted increased cybersecurity risks from AI, and Justice Alito stated he will remain on the Supreme Court through his …
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