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Trump rings Wall Street's opening bells, ties his presidency to market gains
Monday's event was aimed at promoting the launch of Trump Accounts to give kids access to investing
Steven Preze
Steven Preze has been promoted to Market Leader and Head of PNC Commercial Banking for the Chicago market.
AI Is Changing How Customers Choose Your Business
As AI increasingly mediates how customers research, evaluate, and choose suppliers, competitive advantage is shifting from direct customer understanding to managing AI-shaped interactions. Drawing on the experiences of three small-to-medium sized businesses they worked with, the authors show how firms can adapt. A manufacturer improved sales efficiency by screening AI-generated inquiries before investing engineering time in quotations. A boutique hotel learned to monitor how AI tools described its business and revised public content to improve accuracy and differentiation. A B2B software company replaced periodic customer reviews with continuous monitoring of customer feedback and AI-generated market perceptions. Across all three cases, the lesson is that firms must treat AI as a new intermediary in the customer relationship. Winning companies will not necessarily spend the most on technology; they will build systems for continuously listening, interpreting signals, and adapting strategy in markets where both customers and the information they rely on are increasingly AI-mediated.
Atlanta's historic Municipal Market receives World Cup funding for small businesses
IFT: Proposed US federal grant rules threaten nutrition science funding & competitiveness
The US Office of Management and Budget (OMB) recently proposed rules to rewrite the Uniform Guidance — the rulebook for all federal grants. Institute of Food Technologists (IFT) chief science and technology officer tells Nutrition Insight that these rules are set to undermine the nation’s scientific research for food and nutrition and hinder global competitiveness.
Trump rings Wall Street's opening bells as he ties his presidency to stock market gains
President Donald Trump is ringing the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office.
Basic Materials Roundup: Market Talk
Find insight on Vault, gold and more in the latest Market Talks covering basic materials.
Exclusive | Mamdani officials scramble to ease concerns about public supermarkets -- but local business leaders aren't buying it
From roller rinks to laundromats, this Bywater company builds memorable marketing experiences at big events
"Audiences wanted to touch grass again and build relationships with brands in a more realistic way and not just get hammered by digital trash."
Could Santos help solve Man Utd's midfield malaise?
Chelsea's Andrey Santos is the latest player Manchester United have taken an interest in as they look to address their problem midfield position. With Casemiro leaving after his contract expired on 30 June and Manuel Ugarte expected to be sold, United went into the summer with England's Kobbie Mainoo as their only recognised central midfielder and with the stated aim of addressing the situation as a matter of priority. In the transfer market, United have encountered more issues.
Flutter Entertainment PLC $FLUT Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund
Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Flutter Entertainment PLC (NYSE:FLUT - Free Report) by 53.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6
Live Nation Entertainment, Inc. $LYV Position Raised by Fjarde AP Fonden Fourth Swedish National Pension Fund
Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) by 85.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50
8,755 Shares in Live Nation Entertainment, Inc. $LYV Acquired by Elevation Point Wealth Partners LLC
Elevation Point Wealth Partners LLC acquired a new stake in shares of Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,755 shares of the
US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output
Asian shares and U.S. futures are mixed following a long weekend on Wall Street.
Halon Entertainment completes management buyout
The company, which works across film, television, games, immersive entertainment and advertising, said the move follows a joint decision by Halon and NEP Group that independence would allow the business to focus entirely on its clients, employees and long-term growth.
Meet Leeann Curry: Teacher, business strategist and barista
She doesn’t use textbooks and barely gives tests. Instead, her students participate in real-world activities, such as simulating a coffee shop and creating a resort for a target market.
Nintendo President Promises To Tackle Pokémon Card Scalpers After Billions Printed Fail To Satisfy Market
During a meeting with shareholders, Shuntaro Furukawa said that the intense world of Pokémon Card flipping is on their radar and mentions requiring government ID isn't off the table
Virginia Hemp Farmers And Businesses Worry About Changes Included In Newly Passed Marijuana Market Legislation
Legislators want to “change the law that they created, to clearly favor Wall Street corporations over Virginia farmers and small businesses.” By Charlotte Rene Woods, Virginia Mercury A legal cannabis market is set to take effect in Virginia next summer under the final state budget, but Mannassas-based Barbara Biddle has already given notice to her […]
Electronic Health Record Ehr Systems Market Forecast Points Higher Toward 2035, Driven by Interoperability Mandates and Cloud Migration
World EHR systems market forecast to 2035: 6-8% CAGR, cloud adoption, interoperability mandates, and value-based care drive growth. Key players and regional insights.
Y Intercept Hong Kong Ltd Boosts Position in Flutter Entertainment PLC $FLUT
Y Intercept Hong Kong Ltd grew its stake in shares of Flutter Entertainment PLC (NYSE:FLUT - Free Report) by 121.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,572 shares of the company's stock after
Lee Danner & Bass Inc. Buys New Shares in Six Flags Entertainment Corporation $FUN
Lee Danner & Bass Inc. bought a new position in shares of Six Flags Entertainment Corporation (NYSE:FUN - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 117,698 shares of the company's stock, valued
Prediction market betting would be authorized in NC’s new budget. What it means for sports betting
Tucked into the state budget is a proposal that could have massive implications for how prediction markets operate in North Carolina. Some lawmakers say it’ll create a new revenue stream. Others worry it’ll cost the state millions.
Arts nonprofit hires marketer from restaurant group; new leaders at university foundations
Take a look at some of the recent promotions and new hires announced at south Louisiana businesses.
Sphere Entertainment (SPHR) Stock May Trade At A Discount On Cash Flow While Earnings Look Rich
Sphere Entertainment stock has produced a very strong share price gain over the past few years, yet its valuation signals are pulling in different directions, with a Discounted Cash Flow (DCF) intrinsic value pointing to some upside while traditional market multiples suggest the shares are expensive. Over the last 3 years, Sphere Entertainment has delivered a return of about 3.9x, which puts extra focus on whether today’s price still leaves room for further upside. Recent attention on Sphere...
'You feel targeted': Cascade Locks business owner speaks out after burglary
Cascade Locks’ Brigham Fish Market is asking for help ID’ing a suspect seen on video breaking in at 3:49 a.m.
The Persistent Display We Never Got
We all know the e-ink persistent displays, as they’re cheap and plentiful enough to have become ubiquitous in applications such as supermarket price labels. But we don’t often see some …
Chattanooga Times Free Press
Chattanooga's only daily newspaper. Complete coverage of breaking news in Chattanooga, Other local, regional and national news. Classifieds and online marketplace.
Sphere Entertainment (SPHR) Stock May Be Cheap On Cash Flow Yet Pricey On Earnings
Sphere Entertainment has delivered very strong share price gains over the last three years, yet the valuation signals are pulling in different directions, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to some upside while market based multiples look stretched. Sphere Entertainment has returned roughly 387.2% over three years, which puts a spotlight on whether recent gains already reflect most of the good news in the story. Expectations around demand for The Wizard of...
Diamond market may never recover from boom in lab-grown stones
The boom in lab-grown diamonds may have permanently fractured the market for natural stones, industry analysts say.
Louisiana State Employees Retirement System Purchases Shares of 8,000 Live Nation Entertainment, Inc. $LYV
Louisiana State Employees Retirement System purchased a new stake in shares of Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,000 shares of the co
Fireworks stand owner says tariffs have impacted business
ROCHESTER, N.Y. — A local fireworks stand saw fewer customers heading into the holiday weekend as tariffs continue to impact business. The owner of Boomerz Fireworks on Marketplace Drive said tariffs have affected their business. The Supreme Court struck down global tariffs in February, but fireworks stands are feeling the impact this year because many […]
Polymarket Promo Code SBWIRE | $50 Bonus for Today's World Cup, Politics & More (July 3)
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $50 bonus with a $20 deposit. Start trading prediction markets immediately.
Long Reads for the Long Weekend
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) Happy Fourth of July weekend! As has been a tradition of mine going back to the beginning of the EntStrategyGuy website, I’m sharing my favorite long reads of the last year, like I did in 2019, 2020, 2021, 2024, and 2025. Let’s dive right in! Subscribe “Different Prices for the Same Ride: How Uber and Lyft Use AI to Get More Money Out of You“ by Derek Kravitz in Consumer Reports I don’t think surveillance pricing, like the kind described in this brilliant Consumer Reports article, is long for the world—it’s toxically unpopular—but we’ll see if either party takes on this issue. If I ran a political party focused on affordability, I would focus on a few pro-consumer and pro-market policies: Banning non-compete agreements. Ending surveillance pricing Eliminating junk fees (read more here...) Ensuring “right to repair” for consumer (and military!) products Capping excessive app store fees Stopping digital/algorithmic price-fixing tools. Preventing automatic subscription price increases. And more. If you want to fight inflation, there are a lot of great ways to do it quickly. Speaking of higher prices... “Secret Documents Show Pepsi and Walmart Colluded to Raise Food Prices Across the Economy“ by Matt Stoller in BIG Again, I think a political party should focus on lowering prices for consumers. And deals like this—Walmart making a deal/forcing Pepsi to offer the lowest prices at its stores and nowhere else—hypothetically lower prices at Walmart...but raise them everywhere else. “15 DUIs, still driving: California’s failure to take repeat drunk drivers off the road“ by Robert Lewis and Lauren Hepler in CalMatters CalMatters does terrific reporting in California, something the Golden State desperately needs more of, and this article is a great example of that. “PugLips: The next insanely popular thing you’ve never heard of…” by Simon Carless in Game Discover Co I thought that this parody article (and yes, it’s a parody, but I was definitely unsure at first) was hilarious and totally nailed how much tech/business journalism feels these days. Actually, three of my favorite articles this year were on hype in the video game industry, including Georg Zoller’s “The Video Game Industries Very Dark Night”—which I linked to recently and wrote a follow-up here—and Owen Mahoney’s “Derek Zoolander, Videogame Exec”. In particular, I like Mahoney’s focus on user experience as a guide to what trends will actually grab hold of customers. “The Matrix Lies“ by Evan Shapiro in Media War & Peace Evan Shapiro’s first person account of his experience with AI was hilarious. I think LLMs capabilities have significantly grown from last summer, and yet...my editor/researcher just had an abysmal experience using an LLM to do a quite basic task (which our LLM normally does each week) and the LLM made a mistake on every single data entry...along with seven different mistakes affecting twelve of the twenty or so entries, including mistakes that are explicitly spelled out in the prompt. That’s a brutal failure rate. Again, if you use AI/LLM for data collection, you need to take a lot of extra steps to verify and check the data. “Ghosts in the Balcony: A Cross-Country Trip to 58 Theaters Fighting to Survive“ by Matthew Frank in The Ankler I thought Matthew Frank’s pitch to head across America to visit theaters sounded insane aggressive at the time—at least it felt that way to someone a decade older than him; man, to be in your twenties again, am I right?—but I knew the result would be great. And it was, a terrific feature by a great young writer. Also, I loved Matthew’s recent article on who’s getting the precious few entry level jobs in Hollywood. (Hint: nepotism.) “Disney erased FiveThirtyEight“ and “Did Las Vegas get too greedy?” by Nate Silver in Silver Bulletin I love media history and analysis, and there’s no one better to get the history of FiveThirtyEight than from Nate Silver, who wrote about his personal experience in one of my favorite pieces from this year. I also loved Nate’s breakdown of what’s causing Vegas’ woes, but I’ll offer one criticism, summarized as “Might I suggest antitrust?” Many centrists/center-right/libertarian thinkers (Nate is self-described as the latter) often don’t consider consolidation or antitrust as factors in policy issues like housing, America’s military readiness, or, in this case, Las Vegas. Even if libertarians want to debunk antitrust/consolidation concerns, I’d love to read that debunking. In this case, Vegas is incredibly consolidated (though it also has been for a long time) and I’d have loved to read Nate at least contending with this factor, since he addresses almost every other potential factor for Vegas’ decline. “Why Microsoft’s Carbon Removal Pullback Is Such a Big Deal“ by Robinson Meyer in Heatmap News I’m a big supporter of carbon removal efforts, but this nascent industry faces a lot of headwinds, including this big move most recently. I think it’s clear that solar panels and batteries should be able to get the world to its carbon footprint goals, but effective carbon renewal remains necessary to prevent the worst impacts of global warming. “AI is killing the cheap smartphone“ by David Oks LLMs and AI will impact the world in ways we’re not ready for, and already, third world countries are seeing the prices of cheap cellphones skyrocket due to the cost of chips skyrocketing. This article by David Oks is a terrific breakdown. “100 Days of Madness: Netflix, Paramount, Warner and the Future of Hollywood“ by Wade Major at Hollywood Heretic Wade Major dove deep into Hollywood/streaming’s financials in this must read piece. Not that I agree with everything in this article (read my take on Warner Bros./Paramount here) but the analysis is top notch. I think many people discount how quality thinking, regardless of the argument/conclusion, will make you a better thinker. “Erased by the UFC: Frank Shamrock, The MMA GOAT of the 20th Century“ by Nate Wilcox in The MMA Draw Newsletter Growing up playing the UFC fighting game on the Dreamcast, Frank Shamrock was my favorite MMA fighter, and this history/tribute to him was great. Other Fun Reads “The Hardest Part Of History To Tell Is How It Felt“ by Craig Fehrman at Defector “Unmasking the Sea Star Killer“ by Craig Welch at bioGraphic “What Could Save the Industry? Fin-Syn“ by Richard Rushfield in The Ankler Alex Rollins Berg in Underexposed on movie bumpers, pillow shots, Disney trash cinema, cult films, and Casablanca. David H. Montgomery in YouGov’s The Surveyor on punctuation marks, condiments, dinosaurs, and comic strips and kids media. “How Medium finally pivoted its way to profitability“ and “Why the best journalists on YouTube are all former Vox employees“ by Simon Owens in Simon Owens’s Media Newsletter “It’s Not Just You, Netflix Shows Have Gotten Slightly Shorter: Here’s What the Data Says“ by Kasey Moore at What’s on Netflix “Numlock Awards: How Diane Warren became the biggest loser in Oscar history“ by Nathaniel Rakich and “Numlock Awards: The Oscar Bait era is over. The Oscar Chum era is here.” by Walt Hickey & Michael Domanico at Numlock Awards
Top Marketing and Business Leaders at Cannes Lions: Strictly Business
Leaders from NBCUniversal, IBM, State Farm, Autodesk and Coinbase talk trends on Variety's 'Strictly Business' podcast recorded during Cannes Lions.
2027 Ferrari 12Cilindri Manuale Brings the Stick-Shift Back to Maranello—Kind Of
Ferrari's listened to the market and created a completely new shift- and clutch-by-wire system that promises to be just like the real deal, if not better. Genius or blasphemous?
Rieder Meat Market in Delano closing after more than 110 years of business
Oba Corporation Introduces Mega Sardines to Azerbaijan Market to Address Regional Health Trends
Mega Sardines, in its distinctive upright vertical can, is already appearing on Oba shelves BAKU, Azerbaijan, July 03, 2026 (GLOBE NEWSWIRE) -- ...
As ACA enrollment falls by millions, Trump administration and policy gurus disagree on why
Affordable Care Act marketplace enrollment has declined by 3 million people. The Trump administration points to fraud controls. Policy experts point to cost.
'Big Short' Michael Burry may have own version of 'Buffett effect'
Michael Burry from "The Big Short" told BI he doesn't believe his stock picks move markets, but several commenters said a "Burry effect" might exist.
Goldman dominates first-half M&A as dealmaking surges in EMEA
Goldman Sachs increased its share of mergers and acquisitions advisory work involving Europe, the Middle East and Africa in the first half of 2026, capturing the biggest slice of the market in the period for nearly a decade, LSEG data showed.
Auto & Transport Roundup: Market Talk
Find insight on Maersk, Wizz Air and more in the latest Market Talks covering the auto and transport sector.
Future of Marketing Briefing: Why Bose is building an entertainment company
Bose has a new entertainment division. Its cmo hasn’t used a creative agency in five years. The two things are related.
Are You Tracking These 5 Warehouse Metrics? If Not, Here's Why You Should Be.
Many leaders prioritize marketing, customer acquisition and sales channels to scale, but what they really need is hiding in plain sight.
iPhone Fold could help raise average foldable phone prices by 18%
Apple’s entry into the foldable smartphone market will reportedly be one of the factors driving an 18% increase in average sale prices in the category in 2026.
Your First AI Policy: Six Burning Issues for Every Growing Business to Consider Before You Scale
AI is already part of everyday work at growing companies. Employees use it to draft emails, summarize documents, generate marketing copy, assist with
Inside Bask Health: The Plug-and-Play Infrastructure Supporting the Telehealth Boom
Bask operates behind the scenes of the Direct-to-Consumer (DTC) telehealth market, providing infrastructure that aims to streamline the backend process.
Accel Entertainment (ACEL): Buy, Sell, or Hold Post Q1 Earnings?
Accel Entertainment trades at $12.76 per share and has stayed right on track with the overall market, gaining 12.2% over the last six months. At the same time, the S&P 500 has returned 9.3%.
iPhone 18 Pro Could Use Qualcomm Modem in the US and C2 Elsewhere
Stolen data from Apple manufacturing partner Tata Electronics appears to reveal that the iPhone 18 Pro will use different modem chips depending on the market it is sold in, with U.S. models retaining Qualcomm hardware while international models will feature Apple's in-house C2 modem. The finding emerged from a wide-ranging cyberattack on Tata, which alongside Foxconn assembles the iPhone.
Steam Machine alternative with Ryzen 9 available for under $850
Positioned as an alternative to the Steam Machine, the Aoostar GODY is a compact gaming PC now available outside its domestic Chinese market. The system pairs a powerful AMD processor with a dedicated graphics card.
Intel Expected To Restart Supply Of 10th, 12th, 13th, And 14th Gen Processors In Mainland China
Intel will reportedly focus more on the previous-gen processors to fulfill the current demand in the PC market. Intel is Reportedly Restarting Supply of Last Four Generation of Processors as Motherboard Vendors Ramp Up DDR4 Platform Production Roughly a month ago, we reported that some vendors are now restarting the production of DDR4 platforms, i.e., DDR4-compatible motherboards. This is to ensure the market gets DDR4 motherboards in sufficient quantity, as expensive DDR5 memory has made it unfeasible to build DDR5 systems on a budget. More reports are surfacing confirming the same report, and Intel appears to have prepared accordingly. Related […]
What Makes Live Nation Entertainment (LYV) a Good Investment Bet?
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside […]
Why the Jobs Market Has Wall Street and Washington on Edge
A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday.
Croatia criticised for ‘unambitious’ changes to 2022 science law
Croatia’s science ministry has been accused of a lack of ambition, and even incompetence, over proposed changes to the country’s 2022 science law. Critics say an opportunity has been missed to fix wider shortcomings in the research and universities system.“This law, like all the previous ones, will not significantly change the current state of science in Croatia,” Vlatko Silobrčić, a member of the Croatian Academy of Sciences, told Science Business. “A small shift here and there will not have a significant impact.”The 2022 law introduced multi-year block grant financing of research, based on results, and changes intended to boost employment and career progression for researchers and lecturers. But implementation of the law has been uneven. “It became apparent that certain of its provisions were subject to different interpretations by higher education institutions and scientific institutes,” the science ministry said in its proposal for change. “This caused legal uncertainty in the system, administrative difficulties in implementation and, in certain cases, unequal treatment of teachers, scientists and students.”Most of the proposed amendments deal with technicalities in hiring and promoting staff, such as extending the committee deadlines from 60 to 90 days, or allowing applicants to cite all of their achievements and not only those since their last appointment.Both the ministry and Croatian media highlighted changes that would raise the retirement age from 65 to 67 years and allow part-time students 15 year rather than 10 years to finish their studies.The change to retirement age has been criticised for reinforcing a weakness in the system. According to Matko Marušić, professor emeritus at the University of Split, this will “allow unproductive teachers to advance and work longer, while hindering and discouraging productive ones.”A longtime campaigner for excellence-based meritocracy, he sees little hope in the new legislation. “I am not optimistic that things will improve,” he told Science Business. “As recent changes to the law in Croatia show, the legal framework is becoming increasingly hypocritical and harmful.”For Marušić, who analyses Croatia's university system in a recently published book, the situation is “unfavourable and constantly deteriorating” due to the criteria used for academic advancement.“The key criterion for advancement should be scientific productivity,” he said. “In Croatia [. . .] scientific criteria are increasingly lowered, and ineffective and absurd criteria such as waiting times for promotion and age limits for remaining in a job are promoted.” He would also like to see better criteria for the quality of teaching at universities. “In practice, teaching is not monitored or evaluated,” he said, estimating that up to a third of teaching simply does not take place. “Under the guise of university autonomy and bad laws, universities and faculties are allowed to earn additional money by increasing enrolment quotas that have nothing to do with the needs of the labour market.” Lack of ambitionDora Kršul, a reporter at Telegram.hr who covers science policy in Croatia, finds the rationale for changes “bizarre.” “The ministry responsible for supervising the uniform application of the law is changing the law because it is being implemented unevenly,” she said. “This primarily speaks to the power relationship in the sphere of science and higher education in Croatia, that is, the question arises as to who actually manages this system.”Rather than raising quality, she continued, the changes appear to be designed to help vocational and applied universities who have not been complying with the law.The Independent Union of Research and Higher Education Employees of Croatia said that the changes were “unambitious” and represent a missed opportunity for more important changes. “We think some of the changes are even negative,” it said in its statement on June 25. One of these is introduction of an “assistant” job title that allows people to be hired only for the duration of a project. Related articles: Elections to top science bodies test Croatia’s gender equality in researchSlovakia revises R&D approach to increase focus on competitivenessLatvia pilots citizen engagement in research grant evaluationsThe union’s president, Tvrtko Smital, who was part of the 15-member working group tasked with drafting the changes, told the local media there was a “worrying lack of ambition” in the process, and “lack of competence” in terms of research experience and understanding the problems in the system.“There is no clear will to deal with the problems,” said Smital, an assistant professor of marine and environmental sciences at the Ruđer Bošković Institute in Zagreb. “It’s a combination of unambitiousness and incompetence,” he went on, expressing his “deep frustration” with the situation. “There is no strategy, no clear thinking, and money is not being spent optimally.”Croatia’s science ministry has not responded to requests for comment.
The real test for AI in healthcare is making care more human
The healthcare AI market is on track to reach $491 billion by 2032. The real test of success will be whether the technology makes care feel more human.
In Mojave Desert, startup JetZero builds novel plane to take on Airbus and Boeing
Inside a cavernous aircraft hangar in the Mojave Desert, JetZero is building a full-size demonstrator of what could be a 200-plus-seat jet, a lucrative market segment expected to be at the center of future plane strategies for Airbus and Boeing .
Abolish the NIH. It really would benefit science.
A $48 billion government monopoly should give way to the market.
Cost-Free Entertainment Platforms Propel Growth in the Ad-Supported Streaming TV Sector
The FAST market is driven by increasing consumer adoption of cost-free streaming, expanding ad-supported content, and enhanced personal advertising technologies. This growth is further accelerated by smart TV integration, diverse content offerings, and rising digital video libraries, notably in Asia-Pacific. Free Advertisement (Ad)-Supported Streaming Television (TV) (FAST) Market Free Advertisement (Ad)-Supported Streaming Television (TV) (FAST) Market Dublin, July 02, 2026 (GLOBE NEWSWIRE) --
How an interior designer started an eco-friendly product side hustle
An interior designer launched an eco-friendly online marketplace for household products to expand his creativity and make more money.
The diminishing political returns of a solid labor market
A rebound in the jobs market hasn’t been enough to get Americans amped about President Donald Trump’s economy.
GMI Cloud CEO on Business Strategy, AI Ecosystem
Alex Yeh, Founder and CEO at GMI Cloud, discusses the company's business strategy and the outlook for the AI ecosystem. He speaks with Shery Ahn from the sidelines of the IVS2026 conference in Kyoto.
Accel Entertainment (ACEL): Buy, Sell, or Hold Post Q1 Earnings?
Accel Entertainment trades at $12.76 per share and has stayed right on track with the overall market, gaining 12.2% over the last six months. At the same tim...
ArtBeat: Spotlight on the local arts events and entertainment
Here’s a closer look at what you can expect from the area’s events: July 3 First Friday Reception: The Downtown Art Market Gallery in Knoxville invites the community to its First Friday Reception from 5:30 to 9:00 p.m. July’s featured artist is Lynnda Tennpenny, who will showcase a collection of mixed-media artwork. Admission is free, […]
Apple to launch 5 new iPhone models to gain market share amid memory crunch
Company raises production target for first foldable phone to about 10 million units
Microsoft stock suffers worst month since 2000
Microsoft's stock price fell by 19% last month, capping off a fiscal year for the company during which it's lost over $800 billion in market value.
Meta's new cloud business will be instantly profitable, says Jim Cramer
CNBC's Jim Cramer discusses the day's market action, the stocks he's watching and more.
Owners of Society Hotel put historic Old Town property on the market
Because the hotel is independently operated, the listing says, new owners could easily keep it as a boutique hotel or convert it into apartments.
Small Businesses Prepare for Shift as Recreational Marijuana Market Takes Shape
Virginia’s legal recreational marijuana market is one year away, but for businesses already selling cannabis products, the transition is happening now.
British Business Bank bolsters board with four new directors
The British Business Bank has appointed four new non-executive directors across its boards, effective July 1, as chair Stephen Welton CBE is confirmed for a second three-year term
Immigrant-owned small businesses take center stage at pop-up storefront in Philadelphia's Market East
The Welcoming Center has opened a pop-up storefront for immigrant small business owners.
iPhone Fold expected to fuel rebound in foldable phone panel shipments
Apple’s entry into the foldable phone market will help drive a strong rebound in foldable smartphone panel shipments this year.
ESPN reportedly favorite to renew TGL media rights
TGL, the tech-infused simulator golf league co-founded by Tiger Woods and Rory McIlroy’s TMRW Sports, is in the market for a new media rights deal after having completed its second season earlier this year. The league spent its first two seasons on the ESPN family of networks, posting strong and stable viewership during a portion…
Urbanowski: Teamwork amplifies arts, culture and entertainment
THE ARTS WILL PLAY IN 2026! is a cooperative marketing program created to enhance San Jose’s branding and economy through the promotion of arts and cultural events and activities.
Trump denies he financially benefits from presidency following crypto earnings
The president said he, like "everybody," is profiting from the stock market going up
Trump denies he financially benefits from presidency following crypto earnings
The president said he, like "everybody," is profiting from the stock market going up
You won’t be able to buy new PlayStation games on discs starting in 2028
It's is a massive step toward the dissolution of physical media in games, since PlayStation holds the biggest share of the console market.
CMS proposes updates to home health payments for CY 2027, updates to provider enrollment and quality and value-based purchasing programs
The Centers for Medicare & Medicaid Services July 1 issued its calendar year 2027 proposed rule for the home health prospective payment system. The rule proposes a 2.4% update, which includes a 3.1% market basket update, reduced by a 1.0 percentage point cut for productivity, as well as an 0.3 percentage point increase related to outlier payments. In addition, the agency proposes a temporary cut of 3.0% that it states is necessary to achieve budget-neutral implementation of the Patient-driven Groupings Model.
Alex Karp says AI models are 'irresponsibly oversold'
Palantir CEO Alex Karp said that "something has gone completely wrong" in the AI market. "The enterprises are just tired of it," he said.
Meta names Denise Moreno as its new CMO
Denise Moreno, a marketing vet, is stepping into the role as Alex Schultz becomes Meta's first chief data officer.
Women's sports market will 'grow the way tech grew in the early days,' says one of its earliest investors
Women's sports continues its period of strong growth.
Content Independence Day, one year on: building the business model for the agentic Internet
One year after declaring Content Independence Day, a dynamic market for monetized content has officially emerged. In this report, we examine how the rise of autonomous AI agents is upending traditional search referrals and detail the new infrastructure required to support a sustainable web economy.
US cooking oil market shrinking due to Ice pressures on Latino households, Mazola owner says
Economic squeeze and anti-immigration raids have hit Hispanic communities, prompting people to shop online and reuse oil
Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Sony is closing the PS3 and Vita digital stores
The virtual PS3 store will close in select markets this year, with global closures for PS3 and PS Vita following in 2027.
Sony will cease production of discs for new PlayStation games in 2028
New games sold for PlayStation consoles will only be available digitally and won’t be sold on discs effective January 2028, Sony has announced. The move applies to all PlayStation games released from that point on, including those made by Sony and those released by third parties. The PlayStation group calls the change “a natural direction for Sony Interactive Entertainment to adapt to consumer trends as the general preference for digital media significantly outpaces physical discs,” according to a PlayStation blog post reviewed by Game File in advance of its publication. As movies, TV and music have shifted from physical media to an age of downloads and streaming, Sony’s move could speed the demise of physical media in a gaming. The industry has offered consumers games via cartridges, cassettes, floppy discs, CDs, DVDs and Blu-Rays across a 50-year stretch. Sony has been reporting to investors in recent years that PlayStation games have been increasingly purchased as downloads, not as discs. The most recent figures show nearly four in five purchases of full games for PlayStation 4 and PlayStation 5 were purchased digitally in the past year. Stats like that may cause today’s news to carry an air of the inevitable. But Sony’s declaration for 2028 is still likely to produce a shock, as the biggest gaming platform on the planet that uses game discs leaves them behind. Discs going away, but the fate of game boxes is unknown Sony is committing to still selling games in physical retailers even after they drop discs in 2028. Just how those games will be sold—in boxes with codes inside, as cards marked with digital redemption codes—is unclear. Digital games will also continue to be sold in the online PlayStation Store. New games released for PlayStation consoles prior to January 2028 will be unaffected by the policy change, Sony says. That means the PS5 games of 2027, be they a new Madden, a new God of War, a new Call of Duty, a new Sly Cooper (one can dream?), would still potentially be offered on disc. PlayStation 6 implications Sony’s timeline for a transition to a no-disc era will also spin up more speculation about the timing and configuration of Sony’s next-generation console, the probable PlayStation 6. “This pretty much guarantees that PS6 won’t arrive until 2028 at the earliest,” Piers Harding-Rolls, senior games research analyst at Ampere Analysis tells Game File. Harding-Rolls also concludes from today’s news that “the base version of a PS6 will not include a physical media drive,” as Sony looks to keep costs down on the device. Sony itself is saying nothing about the PS6 today: not its timing, nor how it might or might not support internal or external disc drives in order to run disc-based PS4 and PS5 games, should the console be backwards compatible. The many signs this was coming Industry support for games being released on physical media has been waning. As has consumer interest in them. PC games effectively went all-digital years ago, thanks to the popularity of playing games through Steam and other digital storefronts. The Covid-19 pandemic and the lockdowns that kept much of the global population home helped shift shopping patterns toward downloads. Sony’s own data shows PlayStation game downloads being an uncommon consumer choice a decade ago and now becoming the norm. On consoles, physical media has been in such decline that Sony and Microsoft both launched their current gen Xbox Series and PS5 consoles in 2020 with cheaper versions that lacked disc drives. In early 2024, Phil Spencer, then head of Xbox, told me that ““[w]e ship games physically and digitally, and we’re really just following what the customers are doing.” He added that the game industry had become an outlier in still supporting disc-based entertainment, even as movies and TV have bailed on discs in favor of downloads and steaming: “Gaming consoles themselves have kind of become the last consumer electronic device that has a drive. And this is a real issue, just in terms of the number of manufacturers that are actually building drives and the cost associated with those. And when you think about cogs that we’re going to go put in a console—and as you have fewer suppliers and fewer buyers—the cost of the drive does have an impact.” Last year, the Nintendo’s Switch 2, which uses cartridges rather than discs, introduced the concept of game-key cards, which are physical media that contain no game, just a prompt for a download. Even disc-based games aren’t what they once were, now frequently containing just stubs of games rather than the whole thing. The website Does It Play has tested over 3000 games and found that, for example, that the disc version of this year’s hit 007: First Light, only contained the game’s first mission, with the rest needing to be downloaded. Beyond all that, last week brought the news that Grand Theft Auto VI, likely the biggest game launch this decade, will debut for PS5 and Xbox Series without a disc-based version. Today’s big news comes to you for free. Game File is a reader-supported publication. To receive new posts and ensure more of my work is possible, please consider becoming a free or paid subscriber. Subscribe Discs helped define PlayStation However the trends in entertainment may be going, it is still remarkable to see PlayStation ditch discs given their importance in PlayStation history: In the late 1990s, the first PlayStation’s support for games on relatively cheap CD-ROMs instead of traditional game cartridges allowed the upstart console to outmaneuver cartridge-based systems from Nintendo and Sega, as it drove down game prices down in the process. (The cheaper disc format even prompted Final Fantasy VII maker Square to taunt Nintendo in a magazine ad, saying that if the game was “available on cartridge, it’d retail for around $1200.”) PlayStation devices often doubled as machines for watching movies and TV on the latest disc-based formats. In the late 2000s, for example, Sony’s pricy PS3 gained traction as a go-to device for playing then-novel Blu-Ray discs. In 2013, Sony effectively roasted the digital game-sharing restrictions proposed by rival Microsoft for its upcoming Xbox One console by showing how games could be shared for the then-upcoming PS4. In a 21-second clip that has over 20 million views on YouTube, one PlayStation executive simply handed a game box—presumably with disc inside—to another, who said “thanks.” Sony’s possible motivations The PlayStation announcement today cites “consumer preferences” and a shift away from discs among “the broader entertainment industry,” but does not delve into the decision-making process that brought Sony to this point. Sony is not discussing the economics of this move (I asked!), but there are a number of potential factors: Abandoning discs will spare Sony the cost of manufacturing and shipping them, which analysts and industry veterans I spoke to said could account for $1 or so of a game’s retail price. For first-party games, that’s direct savings for Sony, though the amount is limited by the winnowing percentage of people who were even buying the disc-based versions. For third-party games, Sony could pass the savings on to partners or just retain the better profit margin for themselves. As the 2024 comments from Phil Spencer alluded to, leaving discs behind could mean leaving disc-drives behind, allowing Sony to produce consoles more cheaply. Switching to digital-only for games could diminish the risks of copies of new games leaking. It would also seemingly make second-hand sales of used games impossible, pushing more people to buy their own copies of games. These economic benefits for Sony could be boons for the games industry overall, Ampere analyst Piers Harding-Rolls tells Game File. Among other things, it could free publishers and retailers from having to worry about securing an inventory of game discs when trying to sell games, he noted. “If there is a way to streamline the business of games retail, I generally think it’s a good thing for the industry as it removes unnecessary costs,” Harding-Rolls said. “This will help offset pressure on margins from other directions – development and staffing costs for example.” Should the industry shift from game boxes that contain discs to smaller, cheaper game cards, Harding-Rolls said, that reduces pressure on publishers and retailers. “The advantage of everything going digital for the industry is that sales can be tracked much more easily and there is less commercial risk for publishers wanting to continue selling via retail,” he said. The shift to no discs will also likely impact game development timelines, as developers will no longer face the same urgency to have a build ready to submit to PlayStation for the production of a disc, as industry experts noted around GTA VI’s no-disc news last week. Instead, projects may gain weeks of development time, in the event delivery deadlines for platform approval move closer to release date. Preservationists’ likely worries While millions of gamers have shifted to digital, there are still people who associate game discs—and only game discs—with actual ownership of PlayStation games. That portion of the gaming community spoke up last week about wanting to buy a version of GTA VI that they could hold in their hands, could lend to a friend and could potentially pop into a well-preserved PS5 console three decades from now and still see it run. Such gamers didn’t want to worry that they’d merely purchased a digital copy that could lose access to the game if, say, the company behind the game someday turns of the servers that transmit downloadable copies. Digital copies of games are inherently less long-lasting, because consumers aren’t actually buying a game (on a disc), just buying access to the game. The fine print in online gaming shops notes this, as does a recent law that went on the books in California in 2025. That lasw requires game publishers doing business in the state to refrain from words like “sell” when offering digital copies of games, unless they explicitly tell consumers that what’s being sold isn’t the game itself but a potentially revocable license to access it. A Sony spokesperson noted to Game File that “[w]ith all digital content, including games, movies, and music, players are purchasing a personal license for non-commercial use.” Regarding the fears of PlayStation games being lost to time in an all-digital era, the rep also noted that Sony remains “committed to delivering experiences from past generations to the new platforms our players are using.” They noted that PlayStation has used emulation and remasters to keep offering its classic games to modern gamers. It’s true that many consumers have become accustomed to not having physical copies of new music albums or movies, but the relative precariousness of digital copies of games is in fact being highlighted today by…. Sony’s other big announcement: the upcoming closure of the PS3 and PS Vita online stores Sony said today that it will be closing the online marketplaces for its PlayStation 3 console and PS Vita handheld in most countries in July 2027 (sooner elsewhere: August 2026 for the PS3 store Mexico, Honduras and Nicaragua; late 2026 for PS3 in other Latin American countries and the Middle East). “We know this news may be disappointing to PS3 and PS Vita players who hold a special place in their hearts for this generation of gaming,” Sony said in its announcement, saying the move “was not an easy decision for us to make.” Sony said that PS3 and Vita marketplaces “are no longer able” to support modern commerce systems, prompting a “need” to close the shops and focus on more modern PlayStation platform stores. The news may spark some deja vu. Sony announced back in March 2021 that it planned to take the PS3, Vita and PlayStation Portable marketplaces offline that summer. The move would have caused some 2,000 digital-only games to become unavailable for new purchasers, according to a VGC analysis at the time. Fans complained loudly. By April 2021, Sony walked back the PS3 and Vita shop closures, with then PlayStation boss Jim Ryan saying “it’s clear that we made the wrong decision here.” This time around, Sony is giving a longer notice period in most regions. The closure of those stores is still likely to cut off access to new purchases of digital-only PS3 and Vita games. The current PlayStation 5 marketplace sells PS5 and PS4 games, as well as a selection of PS1 and PS2 games. It does not sell PS3 games, because games for that platform can’t run on the system (some are offered via a PlayStation Plus streaming option). Vita games also aren’t sold via PS5. Sony says digitally purchased PS3 and Vita games will be downloadable after the stores’ shutdowns “for the foreseeable future.” Sony’s move contrasts with Microsoft’s Xbox platform, which continues to sell and support games from all four Xbox console generations. But it puts it in line with Nintendo, which disabled purchases in the marketplace for its Wii console (a contemporary of the PS3) in 2019. Nintendo discontinued purchases in the online shop for its 3DS portable (a contemporary of the Vita) in 2023. The big questions about Sony’s 2028 post-disc era Will Microsoft follow suit, ending support for new disc-based games on Xbox platforms and therefore all game consoles, too? Whether Microsoft does or not, will third-parties that can no longer release games on discs for PlayStation, simply ditch the disc options across the board? Given the GTA VI no-disc experiment launching this November, will more game publishers decide to forgo disc-based offerings even in 2027? How will no-disc PS5/6 games be packaged and sold in brick-and-mortar retail stores? What becomes of game sharing in an all-digital era? Will Sony modify its current set-up, which currently allows some sharing of digital games across a pair of consoles, to allow more casual lending? (See for example, Nintendo’s year-old system of letting players lend a digital game to another player in a “family group” for up to 14 days.) Will there be a version of a PS6 with a disc drive? Or will a drive be offered as an add-on? And how will gamers who want to retain access to PS4/PS5 disc-based games react to whichever configurations Sony chooses to offer? What will the final disc-based PlayStation game be?
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