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Capital Flow

Shows how policy, balance sheets, market structure, and investor expectations transmit change across industries.

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Capital FlowCorporate Strategy

Paramount Skydance advances WBD acquisition as regulatory review and $15 billion financing move ahead

Three sources point to the same cross-border deal: Paramount Skydance’s acquisition of Warner Bros. Discovery (WBD) is moving through regulatory review, while related leveraged loan/term loan B financing at the $15 billion level has been completed. The sources differ on the deal value, the status of regulatory approval, and certain meeting details, and some points appear in only one source and cannot be independently confirmed.

Jun 3, 2026
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TSO / High confidence
Capital FlowCorporate Strategy

SEC Proposes Repeal of Climate Disclosure Rule: Climate Risk and Emissions Reporting Requirements for Public Companies Enter Adjustment Process

On May 29, 2026, the U.S. Securities and Exchange Commission (SEC) proposed repealing a rule related to climate disclosures by public companies. All three sources confirm that the rule originally required companies to disclose information related to greenhouse gas emissions and climate risk in registration statements and annual reports. Whether the rule had previously been stayed by litigation, and the specific reasons behind the repeal proposal, cannot be confirmed from the provided sources.

May 31, 2026
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TSO / High confidence
Capital FlowCorporate Strategy

China steps up crackdown on “illegal” cross-border securities trading, hitting Tiger Brokers, Futu and Longbridge

On May 22, 2026, China’s securities regulator announced a stronger crackdown on “illegal” cross-border securities and stock trading, affecting brokers or platforms including Tiger Brokers, Futu and Longbridge. Three sources point to the same core outcome: the regulatory move has already taken effect and the companies’ shares or ADRs came under pressure, though the exact penalties, targets and business descriptions differ across the sources.

May 27, 2026
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TSO / High confidence
Capital FlowCorporate Strategy

ABC formally orders Grey’s Anatomy Texas spinoff, expected to premiere in mid-2027

ABC has confirmed a new Texas-set medical drama spinoff from Grey’s Anatomy. Three sources point to the same core facts: the project is being developed by Shonda Rhimes and current showrunner Meg Marinis, and ABC has given it a series order; one source adds that Ellen Pompeo is an executive producer, while another says it is expected to air in ABC’s midseason 2027 lineup. There are slight differences among the sources regarding the title, whether it was ordered straight-to-series, and the exact scheduling language.

May 23, 2026
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TSO / High confidence
Capital FlowCorporate Strategy

Fervo Energy Completes US IPO Raising About $1.89 Billion, Nasdaq Debut Gains Around 33% to 35%

Fervo Energy completed an upsized US IPO, raising about $1.89 billion; its Nasdaq debut saw the stock rise roughly 33% to 35% intraday/after the open. Three sources consistently confirm the fundraising size and offer price, while the reported debut gain varies; references to AI and data center demand appear in only some sources.

May 19, 2026
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