Author: Press Room

Wells Fargo analyst Steven Cahall downgraded Netflix and Paramount stock following the bidding war over Warner Bros. Discovery. Cahall resumed coverage of the Netflix and Paramount stocks following the bidding war in which Paramount prevailed, downgrading Netflix from a “Buy” rating to a “Hold” and Paramount from a “Hold” rating to a “Sell,” per Tip Ranks: Wells Fargo analyst Steven Cahall resumed coverage of Netflix and Paramount Skydance shares after the Warner Bros. Discovery buyout war ended last week. He downgraded Netflix to a Hold rating from his prior year’s Buy rating, with a $105 price target (6% upside potential). For Paramount, he cut from a…

Mexico’s President Claudia Sheinbaum fired back at U.S. President Donald J. Trump over some mocking comments made about her refusal to use military forces from both Mexico and the U.S. to eliminate cartels. “It’s good that President Trump publicly said that when he has offered to have the U.S. Army enter Mexico, we have said no,” Sheinbaum said when asked about Trump’s comments. “It’s the truth, we have said no and will proudly keep saying no.” Sheinbaum was responding to a series of comments made by Trump during his announcement of the Shield of the Americas Summit, a multinational approach…

Steve Toth, days after defeating Rep. Dan Crenshaw, is ready to end the career of another Texas incumbent. Toth, who defeated Crenshaw Tuesday in the Republican primary for Crenshaw’s House seat, is endorsing Texas Attorney General Ken Paxton is his bid to defeat Sen. John Cornyn (R-TX) in the primary runoff to represent the Lone Star State in the United States Senate. “During my time in the Texas Legislature, I have come to know Ken Paxton on both a professional and personal level,” Toth told Breitbart News. “As our Attorney General, Ken has been a staunch defender of conservative values…

DORAL, Florida — President Donald Trump’s call for congressional action on an updated elections overhaul is facing serious doubts from senior House Republicans who aren’t convinced it can pass the chamber a third time. Trump’s demand for a near-total ban on mail voting, in particular, remains an obstacle. When GOP leaders put a version of the SAVE America Act on the House floor last month, they left out that provision, bowing to some Republicans’ internal concerns. Those dynamics have not changed, according to four people granted anonymity to describe internal conversations, even after Trump told Speaker Mike Johnson at the…

Anthropic has filed a lawsuit against the Trump administration seeking to overturn a Pentagon blacklisting that designated the firm as a supply chain risk to national security. Employees of OpenAI and Google were quick to throw their support behind Dario Amodei’s AI startup. CNBC reports that Anthropic filed the legal action on Monday in the U.S. District Court for the Northern District of California, challenging what the company describes as unprecedented and unlawful actions that are causing irreparable harm to its business operations. The lawsuit represents the latest development in a contentious dispute between the AI startup and the Trump administration…

One of Iran’s top remaining officials warned President Donald Trump to “be careful not to be eliminated” during Operation Epic Fury, the American military engagement to neutralize the world’s most prolific terrorist state. Supreme National Security Council Secretary Ali Larijani posted the comment on the social media site Twitter on Tuesday, following remarks from Foreign Minister Abbas Araghchi on Monday that Iran was not interested in any negotiation with the United States and that Operation Epic Fury had “failed.” In reality, the operation has eliminated dozens of senior Iranian officials — most notably “supreme leader” Ayatollah Ali Khamenei — and…

Nigel Farage’s Reform Party is paying for motorists to buy cut-rate fuel for one day to give a taste of what pump prices would look like if he were Prime Minister, stating he would slash green levies and subsidies. Reform UK’s Rob Jenrick updated the totem prices at a fuel station in Derbyshire in England’s East Midlands on Tuesday morning, introducing a one-day price cut of 25-pence a litre, or $1.25 a gallon. This would make the forecourt the cheapest in Britain, Reform said, promising under a Farage government that “the war on the motorist would be over”. Decrying the Labour…

Pete Docter, Chief Creative Officer for Pixar, sparked backlash online when he said that the studio cut LGBTQ content from the 2025 animated film Elio. Docter revealed to Wall Street Journal (WSJ) that the studio cut LGBTQ content from the film after the original cut tested poorly with audiences. “We’re making a movie, not hundreds of millions of dollars of therapy,” he said. When the original Elio director left the project due to the demanded changes, Madeline Sharafian and Domee Shi were tapped to lead the overhaul despite most of the animation having been completed. According to Variety, the studio removed “moments…

DORAL, Florida — “Fraud prevention” in federal and state safety-net programs should be the main target of a new Republican reconciliation bill, House Budget Chair Jodey Arrington said in an interview Tuesday where he also called for reviving Medicaid spending cuts provisions that fell out of last year’s GOP megabill. “The whole kit and caboodle of welfare is $1.6 trillion in our budget,” Arrington said on the sidelines of the House Republican policy retreat. “But it’s also not just welfare — it’s programs across the federal government that states need to be responsible [for].” Arrington said Republicans needed to act…

The attempt to topple the Iranian government is pushing the Middle East into an increasingly deadly spiral of destruction Israeli strikes on oil storage facilities near Tehran over the weekend temporarily turned the Iranian capital into a fire-lit “hellscape,” with long-term environmental and health damage expected.Though Israel claimed that the targets were military, Iran said the effects are comparable to chemical warfare on civilians. Even supporters of the US-Israeli regime-change war expressed unease.Fire-lit streets, black acid rainOn the night of Saturday to Sunday, the Israel Defense Forces struck oil infrastructure sites in and near Tehran, including at least four major…