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The software giant missed expectations in its latest quarterly report, but it forecast huge gains in cloud-infrastructure ...
New York (CNN) — Stocks hit record highs Thursday after August inflation data mostly matched expectations, reaffirming ...
Key Takeaways Enthusiasm about the possibility of a major industry deal helped two media giants extend their rally on Friday, ...
Shares of Warner Bros. Discovery spiked over 35% on Thursday following the report, while Paramount stock jumped more than 5%.
Streaming may feel crowded right now, but Warner Bros Discovery CEO David Zaslav believes HBO Max price hikes are inevitable as it has the content and momentum to stand out. Speaking at the ...
An exclusive source told Reuters on Thursday that Paramount has been preparing a bid to buy Warner Bros Discovery. According to The Wall Street Journal, no final offer has yet been submitted, and the ...
David Ellison has gotten off to a fast start as the owner of Paramount, at least when it comes to buying things.
Is AI coming for the movies? It's complicated. Many filmmakers and producers at the Toronto International Film Festival pushed back ...
An exchange-traded fund that holds seven closely watched Big Tech stocks was rallying sharply on Friday afternoon, with Tesla ...
U.S. equities were mixed at midday a day after the Dow Jones Industrial Average, S&P 500, and Nasdaq hit record highs on ...
With U.S. stock markets set to open in two hours, Super Micro Computer Inc. (SMCI) was up 5.6% in pre-market trading, and Warner Bros. Discovery Inc. Series A (WBD) was up 5.2%.
Paramount's interest in acquiring all of Warner Bros. Discovery gave Hollywood flashbacks to the 2019 Disney-Fox deal.