Merger talks between Paramount and Skydance have been discontinued, potentially opening the door for other interested parties. The future of Paramount is now uncertain.
Surpassing eBay, Chinese e-commerce giant Temu, part of PDD Holdings (NASDAQ
), now attracts more repeat U.S. shoppers, with 34% shopping monthly compared to eBay's 29%. Temu's aggressive marketing strategies, including Super Bowl ads, have significantly boosted its U.S. market presence.
Satellite company, AST SpaceMobile (NASDAQ: ASTS), filed for resale of 10.45 million shares. Its stock may be up due to Apple's iOS 18 update with satellite messaging. Verizon and AT&T will collaborate with AST in 2024. AST stock has gained 53% in the past year and can be accessed through iShares Russell 2000 ETF and iShares Russell 2000 Growth ETF.
Nordic brokerages like Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, in response to high demand and Elon Musk's proactive stance on shareholder involvement. This year's AGM is particularly significant as it could determine the future of Musk's leadership amidst debates over his compensation and shareholder rights.