Paramount Global

Paramount Global (NASDAQ:PARA) just sent a powerful technical signal to traders—the stock has completed a Golden Cross. This rare and often bullish formation occurs when the 50-day simple moving average crosses above the 200-day simple moving average, signaling that short-term momentum is...

Editor’s Note: The story has been updated with the latest details on M&A activity. The previous version was based on source-based information suggesting that the Paramount board had endorsed a merger with Skydance Media as David Ellison nears the acquisition of the owner of MTV and CBS....

On Tuesday, the Dow Jones Industrial Average rose by 0.4%, closing at $39,331.85, while the S&P 500 also ended the day in positive territory, increasing by 0.6% to finish at 5,509.01. Additionally, the Nasdaq gained 0.8%, closing at 18,028.76. These are the top stocks that gained the attention...

On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average closed down 0.3% at 38,747.42, while the S&P 500 rose by 0.3% to 5,375.32. The NASDAQ finished the day with a gain of nearly 0.9%, reaching 17,343.55. These are the top stocks that gained the attention of...

Bob Bakish, the current CEO of Paramount Global, may be facing termination as the company continues its merger talks with Skydance Media. What Happened: A recent CNBC report suggests that the board of Paramount Global (NASDAQ: PARA) is contemplating the dismissal of Bakish, which will possibly...

Paramount Global (NASDAQ:PARAA) (NASDAQ:PARA) has reportedly entered into exclusive merger talks with Skydance Media. This decision comes at the expense of a $26 billion offer from Apollo Global Management (NYSE:APO). What Happened: The Paramount Global board gave the nod to Skydance Media on...

At the close of trading on Wednesday, the Dow Jones Industrial Average declined by 0.1% to reach 39,127.14, while the S&P 500 saw a comparable increase, rising to 5,211.49. Similarly, the Nasdaq finished in positive territory, gaining 0.2% to reach 16,227.46. These are the top stocks that...

HBO is delaying the free streaming of John Oliver‘s show on YouTube, contrary to the free uploads of Jon Stewart‘s show. This decision is part of a broader strategy by Warner Bros Discovery Inc (NASDAQ:WBD) to increase revenue. What Happened: Warner Bros. Discovery, the owner of HBO,...

Major U.S. indices flashed red on Wednesday after the Federal Reserve maintained interest rates between 5.25% and 5.5%. The Dow Jones Industrial Average closed 0.8% lower at 38,150.30 for the day, while the S&P 500 fell 1.6% lower at 4,845.65. The Nasdaq ended Wednesday down 2.23% at 15,164.01...

Media mogul Byron Allen has reportedly made a $14.3 billion offer to acquire the entire outstanding share of Paramount Global. What Happened: Allen’s company, Allen Media Group, confirmed the offer in a statement to Bloomberg on Tuesday. The offer includes $28.58 for each voting share, a 50%...

U.S. markets slipped into the red on Wednesday with the Nasdaq falling 1.5% to 14,777.94. The S&P 500 declined 1.47% to 4,698.35 and the Dow was down 1.27% at 37,082 for the day. Transitioning to individual stocks, these are the top stocks that gained the attention of retail traders and...

U.S. stocks showcased closed in the green on Monday. The Dow Jones surged, registering a gain of over 400 points, marking an increase of 1.16% to reach 35,473.13. In comparison, the NASDAQ exhibited a modest rise of 0.61%, settling at 13,994.40. Not to be left behind, the S&P 500 also witnessed...

Paramount Global (NASDAQ: PARA) has agreed to pay $122.5 million in a lawsuit settlement claiming that the CBS-Viacom merger was unfair to shareholders. The company revealed that it has agreed to settle the class action litigation now pending in the Delaware Court of Chancery, ...