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Sky to Buy ITV Broadcasting Arm in Deal Worth Up to £1.6B
On July 6, 2026, Sky announced an agreement to acquire ITV’s broadcasting and streaming business for up to £1.6 billion. It is one of the biggest UK media deals in recent years. The agreement comes as traditional broadcasters face growing pressure from global streaming platforms and changing viewing habits. If the transaction receives regulatory approval,…
Oil Prices Mixed as OPEC+ Output Hike Offsets Hormuz Risks; WTI Holds at $68.72 While Brent Slips to $71.97
Oil prices are trading mixed today, with WTI holding at $68.72 and Brent slipping to $71.97 per barrel. An OPEC+ decision to raise output is offsetting lingering risks around the Strait of Hormuz. Both benchmarks remain near their lowest levels since late February this year. OPEC+ Adds to Supply Concerns OPEC+ approved another output increase…
Sam Altman Compares Child’s First Words to GPT-5.6 Math Breakthrough
Sam Altman put GPT-5.6 in an unusual spotlight this week. The OpenAI CEO posted on X that his older child’s first two-word sentence left him roughly as amazed as GPT-5.6 discovering new mathematics. The comparison, shared July 5, 2026, quickly drew both excitement and criticism online. What Altman Actually Said Altman’s exact words read: “Our…
Bitcoin Rises 0.8% to $63,227 After Rallying 5% Last Week on Softer U.S. Data and Renewed ETF Demand
Bitcoin climbed above $63,000 in Asian trading on Monday, extending last week’s rebound. The token last traded 0.8% higher at $63,227.50, after touching a two-week high near $64,000 in the prior session. Softer U.S. economic data and renewed spot ETF inflows are driving the improved sentiment around Bitcoin. Bitcoin’s Rebound From a 21-Month Low Bitcoin…
Gold Price Today: MCX Gold Holds at ₹1,47,351, Silver Slips to ₹2,36,966 as Brent Crude Falls 0.41% and Fed Rate-Hike Bets Ease
Gold price today is holding steady on MCX at ₹1,47,351 per 10 grams. Silver has slipped to ₹2,36,966 per kilogram after a strong bounce from recent lows. Brent crude fell 0.41%, and traders are scaling back bets on a Federal Reserve rate hike this year. MCX Gold Holds Near Key Support MCX gold (GOLD) is…
S&P 500 Could Fall to 6,850, Says BofA After 17% Rally Sparks Exhaustion Signals
The S&P 500 has rallied nearly 17% from its March low, but Bank of America warns the market may face a pullback. BofA’s technical strategy team, led by Paul Ciana, warned in a June 26 client note that the index could fall to 6,850 in a worst-case scenario. The bank flagged three separate exhaustion signals…
Stock Futures Rise: Dow Futures Gain 0.17%, S&P 500 Up 0.4%, Nasdaq-100 Jumps 0.98% Ahead of Fed Minutes
Stock futures rose Monday as traders returned from the July 4 holiday weekend. Dow futures rose 0.17%, while S&P 500 futures gained 0.4% and Nasdaq-100 futures climbed 0.98%. The moves come three days ahead of the Federal Reserve’s June meeting minutes, due Wednesday. Investors also await June’s ISM Services PMI, the week’s first major data…
Oil Prices Brent Holds Near $72 and WTI Near $68.66 as Markets Watch Middle East Diplomacy
Oil prices stayed under pressure on Thursday, July 2, 2026. Brent crude opened at $71.13 per barrel before slipping 0.83% to $70.57. WTI crude opened at $68.11, its lowest level since February 27. Both benchmarks fell as shipping through the Strait of Hormuz kept recovering. Traders also weighed progress in indirect US-Iran talks held in…
FTSE 100 Edges Higher While Sterling Hits $1.3367 After Disappointing U.S. Jobs Report
FTSE 100 jumped 174 points to close at 10,652 on Thursday, July 2, 2026. The rally followed a weaker-than-expected U.S. jobs report, which rattled dollar strength. Nonfarm payrolls rose just 57,000 in June, far below the 110,000 consensus estimate. Sterling climbed 0.52% to $1.3349 against the dollar. The FTSE 100 posted its highest close since…