SKYDANCE LAUNCHES BUYOUTS FOLLOWING $111B MEDIA MEGA-MERGER
Skydance is offering voluntary buyouts to eligible employees as it integrates Paramount and Warner Bros. Discovery following the completion of its $111 billion acquisition.
The company is also introducing a mandatory five-day in-office policy, which will be implemented gradually across its locations.
The buyout program comes ahead of anticipated layoffs as Skydance seeks to achieve more than $6 billion in annual cost savings within three years. The company has not disclosed how many employees will be affected.
The measures reflect a broader restructuring effort aimed at consolidating operations, reducing expenses, and integrating the two media businesses.
(@WalterBloomberg)
Skydance is offering voluntary buyouts to eligible employees as it integrates Paramount and Warner Bros. Discovery following the completion of its $111 billion acquisition.
The company is also introducing a mandatory five-day in-office policy, which will be implemented gradually across its locations.
The buyout program comes ahead of anticipated layoffs as Skydance seeks to achieve more than $6 billion in annual cost savings within three years. The company has not disclosed how many employees will be affected.
The measures reflect a broader restructuring effort aimed at consolidating operations, reducing expenses, and integrating the two media businesses.
(@WalterBloomberg)
GEOPOLITICAL TENSIONS COMPLICATE GOLD'S BULL CASE
Middle East tensions are creating mixed signals for gold, according to American Hartford Gold president Max Baecker.
While geopolitical uncertainty supports safe-haven demand, rising energy prices could fuel inflation, strengthen the dollar, and pressure gold.
Central bank purchases have roughly doubled from pre-2022 levels, while China has increased its gold reserves for 23 consecutive months.
Related assets: $GLD $IAU $GDX
(@WalterBloomberg)
Middle East tensions are creating mixed signals for gold, according to American Hartford Gold president Max Baecker.
While geopolitical uncertainty supports safe-haven demand, rising energy prices could fuel inflation, strengthen the dollar, and pressure gold.
Central bank purchases have roughly doubled from pre-2022 levels, while China has increased its gold reserves for 23 consecutive months.
Related assets: $GLD $IAU $GDX
(@WalterBloomberg)
OIL OPTIONS SIGNAL RISING MIDDLE EAST SUPPLY RISKS
WTI crude oil options skew toward calls has climbed to +7.2%, its highest since September 10, reflecting growing demand for upside price protection amid Middle East tensions.
Houthi attacks on Saudi oil infrastructure and regional shipping have increased supply disruption concerns.
Meanwhile, WTI's 1–2 month spread narrowed to $2.30/barrel from $5.40, signaling weaker near-term backwardation.
The key takeaway: Options traders are pricing in greater upside oil risk, even as near-term physical market tightness eases.
Related assets: $USO $XLE $XOM $OXY
(@WalterBloomberg)
WTI crude oil options skew toward calls has climbed to +7.2%, its highest since September 10, reflecting growing demand for upside price protection amid Middle East tensions.
Houthi attacks on Saudi oil infrastructure and regional shipping have increased supply disruption concerns.
Meanwhile, WTI's 1–2 month spread narrowed to $2.30/barrel from $5.40, signaling weaker near-term backwardation.
The key takeaway: Options traders are pricing in greater upside oil risk, even as near-term physical market tightness eases.
Related assets: $USO $XLE $XOM $OXY
(@WalterBloomberg)
ANTHROPIC FOUNDERS COULD RETAIN VOTING CONTROL FOR DECADES
Anthropic's founders could retain 50.1% of shareholder voting power long after its IPO, even if they sell nearly all their shares.
A special Class F share, controlled by Anthropic Founders LLC, grants majority voting rights as long as at least three founders remain.
The structure also allows departing founders to be replaced with members serving 10-year terms, potentially extending control for decades.
The key takeaway: Anthropic's IPO could offer investors economic exposure without meaningful control over corporate decisions, raising important governance considerations.
(@WalterBloomberg)
Anthropic's founders could retain 50.1% of shareholder voting power long after its IPO, even if they sell nearly all their shares.
A special Class F share, controlled by Anthropic Founders LLC, grants majority voting rights as long as at least three founders remain.
The structure also allows departing founders to be replaced with members serving 10-year terms, potentially extending control for decades.
The key takeaway: Anthropic's IPO could offer investors economic exposure without meaningful control over corporate decisions, raising important governance considerations.
(@WalterBloomberg)
OPENAI ROLLS OUT GPT-6.1 TERRA
OpenAI says GPT-6.1 Terra is rolling out, offering faster, lower-cost AI with improved computer-use capabilities.
The model can understand screens, navigate apps, and automate everyday tasks.
(@WalterBloomberg)
OpenAI says GPT-6.1 Terra is rolling out, offering faster, lower-cost AI with improved computer-use capabilities.
The model can understand screens, navigate apps, and automate everyday tasks.
(@WalterBloomberg)
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*"IRAN WARNS ISRAEL IT WILL RESPOND IN KIND TO ANY THREAT": FARS
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US HIGH-GRADE BOND SALES SET TO HIT RECORD AT $1.76 TRILLION
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DoorDash in Advanced Talks to Buy Instacart, Sources Say
DoorDash Deal for Instacart Could Be Finalized as Soon as This Week, Sources Say
(@WalterBloomberg)
DoorDash Deal for Instacart Could Be Finalized as Soon as This Week, Sources Say
(@WalterBloomberg)
US AND CANADA NEGOTIATE RELIEF FROM STEEL AND AUTO TARIFFS
The US and Canada are reportedly negotiating a deal to ease tariffs on Canadian steel and automobiles, potentially before the November 3 midterm elections.
Talks focus on reducing steel tariffs of up to 50% and 25% auto tariffs, although Washington is reportedly seeking additional Canadian concessions.
Sources suggest a limited agreement could emerge quickly, but no deal has been finalized.
Related stocks: $GM $F $STLA $CLF
(@WalterBloomberg)
The US and Canada are reportedly negotiating a deal to ease tariffs on Canadian steel and automobiles, potentially before the November 3 midterm elections.
Talks focus on reducing steel tariffs of up to 50% and 25% auto tariffs, although Washington is reportedly seeking additional Canadian concessions.
Sources suggest a limited agreement could emerge quickly, but no deal has been finalized.
Related stocks: $GM $F $STLA $CLF
(@WalterBloomberg)
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TRUMP OFFERS $1 MILLION FOR VOTER FRAUD REPORTS
President Trump says anyone reporting voter fraud in past elections or the 2026 midterms will receive $1 million if the report leads to an arrest and conviction.
(@WalterBloomberg)
President Trump says anyone reporting voter fraud in past elections or the 2026 midterms will receive $1 million if the report leads to an arrest and conviction.
(@WalterBloomberg)
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EXPLOSIONS IN KYIV, REUTERS WITNESSES SAY, UKRAINIAN AIR FORCE SAYS KYIV UNDER THREAT OF MISSILE ATTACK
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IRAN SIGNALS FLEXIBILITY ON STRAIT OF HORMUZ DEAL
Iran says it could reopen the Strait of Hormuz within 4–5 days, rather than the proposed seven, if its conditions are met.
According to Iranian state TV, Tehran is discussing a proposal involving the lifting of the US blockade with officials from Saudi Arabia, Turkey, and Pakistan.
Related assets: $USO $XLE $XOM
(@WalterBloomberg)
Iran says it could reopen the Strait of Hormuz within 4–5 days, rather than the proposed seven, if its conditions are met.
According to Iranian state TV, Tehran is discussing a proposal involving the lifting of the US blockade with officials from Saudi Arabia, Turkey, and Pakistan.
Related assets: $USO $XLE $XOM
(@WalterBloomberg)
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US PRESIDENT TRUMP'S PUBLIC APPROVAL RISES TO 32% FROM RECORD LOW A WEEK EARLIER, REUTERS/IPSOS POLL FINDS
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REGISTERED US VOTERS FAVOR DEMOCRATS OVER REPUBLICANS BY 47% TO 36% ON GENERIC CONGRESSIONAL BALLOT, REUTERS/IPSOS POLL FINDS
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PREDICTION MARKETS GAIN SUPPORT AS FAKE ELECTION POLLS RAISE CONCERNS
Harry Crane, a Rutgers statistics professor, and Koleman Strumpf, a Wake Forest economics professor, argue in The Wall Street Journal that election polls deserve greater regulatory scrutiny than prediction markets.
They cite Median Strategies and Wedgewood Polls, which reportedly published fabricated election data affecting campaign narratives and decisions.
(@WalterBloomberg)
Harry Crane, a Rutgers statistics professor, and Koleman Strumpf, a Wake Forest economics professor, argue in The Wall Street Journal that election polls deserve greater regulatory scrutiny than prediction markets.
They cite Median Strategies and Wedgewood Polls, which reportedly published fabricated election data affecting campaign narratives and decisions.
(@WalterBloomberg)
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US JUSTICE DEPARTMENT CHARGES FORMER FBI DIRECTOR JAMES COMEY WITH TRANSMITTING NATIONAL DEFENSE INFORMATION IN 2016 -COURT DOCUMENT
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IRAN SUPREME LEADER CALLS FOR MEETING CONDITIONS TO END THE WAR
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