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U.S. travel stocks fell as tensions escalated between the U.S. and Iran and oil prices surged. United Airlines fell 3.5%, Southwest Airlines fell 2.1%, Carnival Cruise Line fell 3.1%, Royal Caribbean Cruise Line fell 1.1%, Norwegian Cruise Line fell 1.9%, and Delta Air Lines fell 2.7%.US President Trump: (Regarding Iran) There may be a large-scale strike in the future.US President Trump: Witkov can negotiate with Iran, but I dont see that possibility at the moment.The SC crude oil futures contract rose more than 5%, currently trading at 478.8 yuan per barrel.July 8th - A World Gold Council report shows that North American gold ETFs saw outflows of $5.5 billion in June, bringing the regions net outflows for the first half of the year to $7.7 billion, marking the weakest first-half performance since 2013. European gold ETFs saw outflows of $818 million in June, reducing total inflows for the first half to $3.2 billion. The significant pullback in gold prices that month was a key driver of investors reducing their gold ETF holdings. Asia saw outflows of $2.3 billion in June, the largest monthly outflow on record. Despite this, the region still recorded its strongest first-half performance ever, leading the world with a net inflow of $12 billion. Looking ahead, regional gold ETF flows are expected to stabilize. Our macro baseline scenario in our "Mid-2026 Gold Outlook" indicates relatively stable performance for gold in the second half of the year, with other scenarios potentially brewing breakout catalysts. Meanwhile, geopolitical, economic growth, and financial market uncertainties persist. This backdrop is likely to continue supporting investor demand for portfolio protection and maintaining interest in gold ETFs as a strategic safe-haven asset.

Warner Bros. Discovery re-ups its CFO and other key execs

Aria Thomas

Jul 15, 2022 10:26

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According to a Thursday filing, Warner Bros. Discovery (NASDAQ:WBD) has extended the contracts of its finance and strategy leaders.


Bruce Campbell's contract was extended to July 2025, while Gunnar Wiedenfels' was extended until July 2026.


Campbell and Jean-Briac Perrette, president of Warner Bros. Discovery Global Streaming and Interactive Entertainment, played significant roles in the establishment of Hulu, the streaming service that is today majority-owned by Disney.


In April, Discovery announced many additions to the Warner Bros Discovery executive team, including Campbell and Wiedenfels.


Warner Bros. stated on Thursday that Wiedenfels now oversees worldwide corporate technology and broadcast operations, as well as facilities, security, and studio operations.


In April, the company gained over two million paid streaming customers in the first quarter, while market leader Netflix (NASDAQ:NFLX) lost subscribers for the first time in more than a decade.


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