We review the results from SentinelOne (S) and Snowflake (SNOW) and predict which stock is more likely to record profits first. We also chat about the Netflix-Warner Bros. deal.
Reich said in a recent post on Substack that while he is against Netflix acquiring WBD, he thinks Paramount’s acquisition of the media and entertainment conglomerate would be just as bad, if not worse.
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning.
Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.
The Fed delivered a widely expected rate cut to 3.50–3.75%, stocks and Treasuries rallied, and the dollar slipped. AI-linked power play GE Vernova stole the show, while lawsuits hit major chipmakers and Oracle wiped away some of the post-Fed euphoria with a 6.5% after-hours slide.
Paramount Skydance (NASDAQ: PSKY) CEO David Ellison reportedly met with major Warner Bros. Discovery (NASDAQ: WBD) shareholders in New York on Tuesday, pitching the studio's $108 billion all-cash hostile bid as a superior option to rival Netflix's (NASDAQ: NFLX) $82.7 billion cash-and-stock offer.
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PSKY)
fell 2.9% in the afternoon session after investors took profits following the stock's 9% rally in the previous session, which was fueled by the company's hostile takeover bid for Warner Bros. Discovery (WBD). Paramount had launched an all-cash offer of $30 per share, valuing Warner Bros. at approximately $108.4 billion. The move was an attempt to outbid an earlier agreement between Warner Bros. and Netflix. The initial news sent Paramount's shares soaring. However, the subsequent drop suggested the initial excitement cooled as investors considered the significant hurdles of a hostile takeover.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Tuesday. Stay informed about the latest market trends.
A Hollywood mega-merger morphs into a high-stakes bidding war as Paramount Skydance tries to outmuscle Netflix — and the Trump-era regulatory backdrop looms large.
Stocks slipped from record levels on Monday as investors shifted into “wait-and-see” mode ahead of Wednesday’s Fed decision. At the same time, Hollywood turned into a live-fire M&A battlefield, with Paramount Skydance crashing Netflix’s party for Warner Bros. Discovery and IBM writing a big AI-data check for Confluent.
