“Forza,” Marco Balsamo’s soccer drama shot between Bali and Milan, has been picked up for international sales by EST N8, which will take the film to the Tokyo International Film Festival‘s TIFFCOM market (Oct. 28–30). Before that, it gets its first public screening on Oct. 25 at Jakarta Film Week. Balsamo’s first feature as director
The global tech selloff is spilling beyond stock markets, prompting some of the AI boom’s biggest beneficiaries to rethink plans to raise money through public listings. On Friday, South Korean memory-chip giant SK Hynix said it was abandoning a review of a potential US initial public offering of its Solidigm subsidiary, citing market volatility and
The bull market stumbled Thursday, with US stocks seeing a fresh sell-off amid the latest surge in oil prices and continued anxiety over the AI trade. Oil jumped as markets digested a New York Times report that the US and Israel are planning strikes on Iran after the midterm elections. The report, which cited US
Americans have placed an unprecedented bet on the transformative power of artificial intelligence. The past 50 years of economic history suggests it won’t pay off, at least not on a timetable the market expects. Not since the Gilded Age—when, in 1885, railroad stocks accounted for more than 80% of active trading on the New York
Investors are cheering the prospect of a SpaceX-Tesla megamerger. Shares in the rocket company soared around 9% at market open in New York on Wednesday after Elon Musk said that SpaceX and Tesla have begun to discuss the mechanics of a potential combination. Speaking on SpaceX’s earnings call on Tuesday night, Musk said that his
Investment in content production destined for Italy’s film TV and streaming industries dropped 7.4% to €2 billion ($2.24 billion) in 2025, compared with the previous year, with the scripted sphere suffering most amid uncertainty over government support of the country’s tax credits and the ongoing transition in viewership from linear to streaming. That is the