Netflix has agreed to acquire Warner Bros Discovery’s TV and film studios and its streaming division in a $72 billion deal, cementing the streaming pioneer’s control over one of Hollywood’s most storied entertainment empires. The agreement, announced Friday, concludes a weeks-long bidding battle in which Netflix ultimately prevailed with an …

The eurozone economy expanded slightly faster than initially estimated in the third quarter, a development that reinforces expectations the European Central Bank will keep interest rates on hold in the near term. Revised Eurostat data released Friday showed that GDP in the 20-country bloc grew 0.3% quarter-on-quarter between July and …

Bitcoin edged lower on Friday but retained most of its strong mid-week recovery, as traders stayed focused on expectations of a U.S. Federal Reserve rate cut and awaited crucial inflation figures. The world’s largest cryptocurrency was last down 1.1% at $92,146.6 by 01:59 ET (05:59 GMT). Earlier in the week, …

Oil prices held largely steady in Asian trading on Friday, pausing after the previous session’s gains, as stalled diplomatic efforts to end the Ukraine war and rising confidence in a U.S. Federal Reserve rate cut underpinned sentiment. As of 21:56 ET (02:56 GMT), Brent crude futures for February delivery slipped …

The Dow Jones Industrial Average (DJIA) extended its gains on Wall Street, reaching a high of 48,131. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to support the prevailing upward trend and provides additional positive momentum. The Relative Strength Index (RSI) is also delivering positive signals, …

A gradual downward trend dominated USD/CAD movements, with the pair reaching a low of 1.3925. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue to apply downward pressure, while the pair trades along a steep descending trend line—both reinforcing the bearish structure. Likely Scenario: As long as the price …

The British pound (GBP/USD) recorded a notable surge, posting strong gains yesterday near 1.3390. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, reinforcing the ongoing upward movement, supported further by positive divergence signals on the Relative Strength Index (RSI). As long as daily trading holds …

An upward trend dominated WTI crude oil futures in the previous session, with the price beginning to test the psychological resistance at $60.00. Technical Outlook – 4-Hour Timeframe: Oil is moving along a minor ascending trend line while maintaining stability above the 50-period simple moving average, which continues to act …

Gold traded mixed yesterday, with intraday movements stabilizing near the early high of $4,216 per ounce, reflecting a wait-and-see sentiment ahead of the next directional move. Technical Outlook – 4-Hour Timeframe: Staying above the simple moving averages continues to provide positive momentum and dynamic support, which may encourage further upside …

The EUR/USD pair met the previously anticipated target at 1.1670, reaching a high of 1.1682. Technical Outlook – 4-Hour Timeframe: Positive momentum continues to build, supported by simple moving averages that have begun to cross upward, reinforcing the bullish trend. The Relative Strength Index (RSI) is also showing a positive …