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May arabica coffee (KCK26) on Friday closed down -1.55 (-0.55%), and May ICE robusta coffee (RMK26) closed down -15 (-0.41%).Coffee prices settled lower on Friday amid pressure from an outlook for higher global coffee output.  Rabobank said Wednesday that global coffee production is projected to reach a record 180 million bags in the 2026/27 season, up by about 8 million bags from a year earlier.   Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Coffee prices have sold off sharply over the past month, with arabica falling to a 15-month…

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Paramount Skydance has beaten Netflix to take over Warner Bros Discovery’s storied Hollywood studios and streaming business after the streaming giant refused to increase its bid.The $110bn deal ends a high-stakes bidding war between the two media companies, but the takeover still faces regulatory hurdles and a backlash from critics worried about a rightward tilt in US media.David Ellison, chairman and CEO of Paramount, said: “From the very beginning, our pursuit of Warner Bros Discovery has been guided by a clear purpose: to honor the legacy of two iconic companies while accelerating our vision of building a next-generation media and…

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Japan’s SBI Holdings will issue a ¥10 billion retail bond on March 24, but the story is the XRP perk dangled in front of buyers, conditional on opening an account at SBI VC Trade and completing receipt procedures by noon on May 11.Pricing drops on March 10, subscription runs from March 11-23, and secondary trading launches on March 25 on Osaka Digital Exchange’s START platform.The timeline shows SBI’s bond subscription window from March 11-23, 2026, with the XRP perk requiring account setup by May 11, 2026.The bond itself is a conventional three-year instrument. XRP is a marketing lever designed to…

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’s stock price succumbed to marketwide fear of AI software-as-a-service (SaaS) disruption, sending it to long-term lows. However reasonable the fears may be, the sell-off is overblown, since AI is software, and software companies like Snowflake lean hard into it. While it is possible for an AI modeler to disrupt Snowflake’s business, the more likely scenario, which is already happening, is that Snowflake embeds AI models into its business.Not only is AI available as a tool throughout its stack, but Snowflake’s product is also critical to AI as it manages data in a unified, cross-cloud manner, enabling direct interface between…

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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxGrab has set a US$1.5 billion EBITDA target for 2028, placing AI at the centre of its next growth phase, Reuters reported following an interview with President and COO Alex Hungate in Singapore.Hungate said the Nasdaq-listed group aims to grow revenue by more than 20 percent annually over the next three years.Grab operates in over 900 cities across Southeast Asia.The company is looking to lift margins by tightening execution across its core app while expanding financial services and online groceries.Management believes frequent usage across mobility and deliveries supports…

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The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance’s acquisition offer over Netflix’s, but it also terrified a lot of its employees.While some of those people own WBD shares and may prefer the financials of Paramount’s $31-per-share bid to Netflix’s $27.75-per-share offer, CNBC spoke to 10 WBD employees in a variety of different roles at the company. All 10, who asked not to be named for fear of potential backlash, expressed concerns about potential job losses and questions of who would ultimately run their divisions if Paramount and WBD are eventually merged.”It’s fair…

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Perpetual funding rates have turned negative across major exchanges, signaling that short sellers are paying to maintain bearish positions. Bitcoin perpetual funding rates on major exchanges have flipped negative, signaling that short sellers now dominate the derivatives market and are paying to keep their positions open. While negative funding typically reflects bearish sentiment, one analyst is interpreting the current extreme as a potential setup for a short squeeze, arguing that excessive short positioning often precedes sharp upside reversals rather than continued downside. Funding Flips Negative as Shorts Crowd the Market In a February 27 market update, analyst Amr Taha…

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