The Murdoch family has reached a groundbreaking $3.3 billion settlement that solidifies Lachlan Murdoch's control over News Corp and Fox Corp. This deal marks the end of an era in media and raises questions about the future of conservative media power.
In a stunning turn of events, Newsmax Inc. shares plummeted 77% after an explosive two-day surge that saw the stock soar 2,230%. The rapid decline wiped out $23 billion in market value, raising questions about retail investor behavior.