Static Media Expands Significant Footprint In Tech, Science, and Entertainment Verticals with Acquisition of TVLine and BGR

Rio Tinto and RevoCast have formed a long-term partnership to supply low-carbon aluminum billet in North America. Rio Tinto will market the product, combining its low-carbon primary aluminum with RevoCast's recycled aluminum. The Langley, British Columbia facility can produce over 80,000 tons annually, serving various industries. According to Rio Tinto, this partnership ensures a reliable supply for North American manufacturers.

Meta created a new business unit, 'Meta Enterprise Platform,' to offer AI models and tools to enterprise customers. The company appointed MongoDB CEO CJ Desai to lead the unit.

KeyBanc upgraded Airbnb (ABNB) to Overweight with a $191 price target, citing resilient growth and new revenue streams. The stock is trading at $160.47, with a GF Value™ of $177.48, indicating modest undervaluation. Airbnb has a GF Score™ of 89/100, reflecting strong financial health and growth potential.

Nasdaq announced Moderna will replace Warner Bros. Discovery on the Nasdaq 100 index, effective October 9. Moderna's shares have risen over sixfold this year, valuing the company at about $75 billion. Warner Bros. Discovery is also set to be removed from other major indexes due to its upcoming merger with Paramount Skydance.

Oracle plans to buy power from Wisconsin's Point Beach Nuclear Plant for its $15B AI data center, aiming to save customers $300M in fuel costs (2027-2033). The deal, pending regulatory approval, could reduce rate hikes but details are pending. We Energies seeks to extend its power purchase agreement with the plant.

Eli Lilly (LLY) reported that EloraTZP showed greater weight loss than tirzepatide alone in a 48-week study, but had higher discontinuation rates due to adverse events. Shares fell 0.8% to $1,148.00, trading below GF Value by 26.51%. Lilly plans Phase 3 trials with an optimized dose schedule.