Banks such as Barclays, Standard Chartered, and HSBC also saw their share prices slide amid concerns that a sustained rise in energy prices risks fuelling inflation which, in turn, could lead to fewer interest rate cuts by central banks.
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Other users have objected to this wave of AI slop videos as an unfair racial stereotype of their neighbourhood. One black TikTok user from Croydon called C.Tino posted a response, saying the trend falsely portrayed the area as "ghetto".
Paramount Skydance has proven its willingness to comply with President Donald Trump, but delays in closing the deal could be costly. The company is on the hook to pay Warner Bros. Discovery "a daily ticking fee equal to $0.25 per share per quarter beginning after September 30, 2026." The company also has to pay $7 billion to Warner Bros. Discovery if the deal is terminated for regulatory reasons. Netflix lost the battle for Warner Bros. Discovery, but getting a competitor to potentially overpay for the studio might be its own reward.