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What happens if actors, writers and studios wont agree?

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It’s the disagreement that has shut down Hollywood, and as the days tick along, the impact will soon be felt by viewers everywhere.

The distance between the parties on the main issue at hand, pay and the role of AI, are so vast, it’s probably time to ask a simple question.

What happens if they can never agree?

Negotiators from the Writers Guild of America (WGA) and representatives of major studios met to discuss the possibility of resuming contract talks amidst the three-month-long Hollywood writers’ strike.

However, the guild stated that no agreement was reached during the meeting.

According to the WGA, the Alliance of Motion Picture and Television Producers (AMPTP), which represents studios such as Walt Disney and Netflix, expressed the need to consult with its member studios before proceeding with further negotiations. The AMPTP has not issued a public statement following the meeting and has yet to respond to requests for comment.

The writers’ strike began on May 2, with approximately 11,500 members of the Writers Guild of America demanding better pay, fair streaming residuals, and other issues, including restrictions on the use of artificial intelligence.

In its statement after the meeting, the WGA revealed that while the AMPTP was open to increasing offers on specific TV minimums for writers and discussing AI-related matters, it did not show willingness to address other important concerns raised by screenwriters and other proposals.

The guild emphasized the need for a comprehensive response from the AMPTP on all work areas, along with addressing issues stemming from the strike, including extending health care benefits, additional plan funding, reinstating striking writers, and arbitrating disputes arising during the strike.

The dual strikes involving both writers and actors have had a significant negative impact on the economy, affecting various small businesses supporting the entertainment industry, such as florists, caterers, and costume suppliers.

No agreement

Before the meeting, both the writers’ guild and studios exchanged pointed statements.

The WGA’s negotiating committee called on studios to abandon the tactics used during the previous writers’ strike in 2007-08, accusing them of spreading misinformation about the strike’s real impact.

The AMPTP responded by stating that the discussion would determine if they have a willing bargaining partner and that their main focus is getting people back to work.

The strikes have resulted in significant disruptions, halting most work on scripted series for the upcoming fall TV season and film production. Warner Bros Discovery warned investors that the strikes’ uncertainty could lead to delays in film releases and impact content production and delivery.

Surviving the strike

Many streaming platforms and entertainment providers are now looking to live linear broadcasting to overcome the challenges faced by an ongoing strike.

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Money

Are we in an AI bubble or just a market reality check?

Tech stocks falter as AI boom faces reality; market shifts towards gold amidst growing investor caution.

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Tech stocks falter as AI boom faces reality; market shifts towards gold amidst growing investor caution.


Global tech stocks are losing altitude as investors question whether the AI boom has gone too far — or if the market is simply returning to earth after years of euphoric growth. With valuations for chipmakers and AI giants stretched to perfection, analysts warn that expectations may finally be colliding with economic reality.

In this segment, Brad Gastwirth from Circular Technologies joins us to unpack the trillion-dollar question: is this a healthy correction or the first crack in the AI gold rush? From hyperscaler capex surges to regulatory risks and fragile market leadership, he breaks down what’s driving investor nerves.

We also explore how the market rotation into gold and real assets reflects growing caution, and what this could mean for the future of AI-driven investing.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIBubble #TechStocks #MarketCorrection #Semiconductors #Investing #FinanceNews #AIStocks #TickerNews


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Inflation rise reduces chances of Reserve Bank rate cut

Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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In Short:
– Rate cut likelihood by the Reserve Bank has decreased due to a rise in annual inflation to 3.2 per cent.
– Significant price increases in housing, recreation, and transport are raising concerns for the Reserve Bank.

The likelihood of a rate cut by the Reserve Bank has decreased significantly after a surge in annual inflation.

The Australian Bureau of Statistics reported that inflation for the year ending September rose to 3.2 per cent, reflecting a 1.1 per cent increase.

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Trimmed mean inflation, a crucial measure for the Reserve Bank, was recorded at 1 per cent for the quarter and 3 per cent for the year. The bank anticipates inflation to reach 3 per cent by year-end, while trimmed mean inflation is expected to slightly decrease.

The quarterly rise of 1.3 per cent in September exceeded expectations. Governor Bullock noted that a deviation from the Reserve Bank’s projections could have material implications.

Financial markets reacted promptly, with the Australian dollar rising against the US dollar, while the ASX200 index fell.

The most significant price increases were observed in housing, recreation, and transport, indicating widespread price pressures that concern the Reserve Bank.

Despite the unexpected inflation rise, some economists believe the Reserve Bank may still consider rate cuts in December, viewing current price spikes as temporary due to the winding back of subsidies.

Economic Pressures

Broad-based economic pressures suggest that the Reserve Bank may not reduce interest rates at its upcoming meeting. Analysts highlight the need for ongoing support for households facing cost-of-living challenges.


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Wall Street hits record highs on low inflation

Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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In Short:
– U.S. stocks rose to record highs on Friday due to lower inflation and strong corporate earnings.
– Key earnings reports from major companies are expected next week, influencing market trends.
U.S. stocks rose to record highs on Friday due to lower-than-expected inflation data and positive corporate earnings.The S&P 500 and Nasdaq achieved their largest weekly gains since August. The Dow saw its biggest jump from Friday to Friday since June.

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The Labor Department reported that the Consumer Price Index was slightly cooler than analysts’ predictions, easing concerns about inflation impacts from tariffs. This development suggests a likely interest rate cut by the Federal Reserve at its upcoming meeting.

Ryan Detrick from Carson Group noted the positive inflation news may facilitate forthcoming Fed rate cuts. Despite the ongoing government shutdown affecting data releases, this CPI report provided much-needed clarity.

Earnings reports are continuing, with 143 S&P 500 companies having reported results. Growth expectations for third-quarter earnings have risen to 10.4%. Detrick indicated a strong opening to the earnings season with a significant percentage of companies exceeding expectations.

This coming week, key earnings will be reported from Meta Platforms, Microsoft, Alphabet, Amazon, and Apple, alongside industrial companies like Caterpillar and Boeing.

The Dow rose 472.51 points to 47,207.12. The S&P 500 increased by 53.25 points to 6,791.69, while the Nasdaq gained 263.07 points, reaching 23,204.87.

Alphabet gained 2.7% following a deal expansion with Anthropic. Coinbase saw a 9.8% increase from a JPMorgan upgrade. In contrast, Deckers Outdoor’s shares fell 15.2% after lowering sales forecasts.

Market Trends

Advancing stocks on the NYSE outnumbered decliners by 2.18 to 1. The S&P 500 had 34 new highs, with the Nasdaq recording 124.

Trading volume was 19.04 billion shares, lower than the average of the past 20 days.


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