Mega Matrix and Wardour Studios Partner to Launch AIFLIX for AI-Generated Short Drama - Mega Matrix (AMEX:MPU)

Daniel Kalms, Executive Vice President and Chief Operating Officer International at Woodside Energy, will leave the company. Kalms played key roles in projects like Pluto, Scarborough, and the BHP merger. Woodside CEO Liz Westcott praised his contributions. Paa-Joe Akoto-Ampaw will serve as acting EVP and COO International during the recruitment process.

HSBC adjusted ratings for biopharma stocks, citing high multiples and the need for stock-specific catalysts. Novartis was upgraded to Hold with a target price of 110 CHF, while Amgen was downgraded to Hold with a target of $425. AbbVie and Bayer were kept as Buy with raised targets. The changes reflect expectations for upcoming clinical trials and legal outcomes.

Morgan Stanley analyst Nathan Feather downgraded Peloton Interactive (PTON) to 'Underweight' and set a $4.50 price target, citing a 78% drop in customer additions from pandemic peaks and negative subscriber growth. Feather expects subscriber churn to hurt earnings, while Barchart also signals downside. The analyst notes a shift to brick-and-mortar gyms and rising interest in strength training as threats to Peloton's hardware revenue. Despite this, the consensus rating remains 'Moderate Buy' with

Starbucks plans to invest $1 billion to upgrade 9,000 North American cafes, aiming to make stores more inviting and boost customer spending. The renovations, costing $150,000 per store, include adding furniture and plants. About 1,500 stores will be upgraded by September. The move is part of CEO Brian Niccol's turnaround plan, with the company also targeting $2 billion in cost savings over two years.

Woodside Energy's executive vice president Daniel Kalms, overseeing the $24B Louisiana LNG project, will depart. Paa-Joe Akoto-Ampaw will serve as interim replacement. The company is searching for a permanent successor. According to Woodside, the change follows Kalms being passed over for the CEO role.

SK hynix plans to invest 3 trillion won ($2.24 billion) in domestic bonds, shifting from wrap accounts to asset management firms. The company sent RFPs to six firms, considering 500 billion won per firm. Targets include high-grade card bonds with maturities of 3-4 years. The move aims to reduce market exposure and minimize bond price impact, according to market sources.