Paramount Skydance Corporation - Class B Common Stock (PSKY)

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Whether or not Netflix ends up being allowed to buy Warner Bros. Discovery, the drama that's unfolded so far speaks volumes.

The market may be close to all-time highs, but there are still plenty of bargains to be found.

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.

And will shareholders win or lose?

Paramount stock got a jolt after its hostile takeover bid. Will it be successful?

Paramount argued that, by its estimates, the Netflix package is worth about $28.75 per share.

Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.

Netflix's acquisition of Warner Bros. may not be a done deal just yet.

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.

Needham cited that integrating the large, legacy studio could undermine Netflix’s agility and add a heavy burden to its operations.

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The acquisition would have created a global multimedia and entertainment powerhouse. Now, there's a fly in the ointment.

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.

Sen. Elizabeth Warren (D-Mass.) is sounding the alarm over a potential merger between Paramount Skydance Corp. (NASDAQ: PSKY) and Warner Bros Discovery Inc. (NASDAQ: WBD), while urging regulators to ignore political pressure as they evaluate the deal.

A rival is trying to wrestle away a prized acquisition.

The company is the second entertainment titan to make a bid for a highly sought-after Hollywood asset.

Netflix's acquisition of Warner Bros. Discovery could be the beginning of a major shift in streaming.

Comcast said its Warner Bros. bid stayed limited because it refused to overextend financially and saw little chance of being chosen.

Let's take a closer look at the S&P500 stocks with an unusual volume in today's session on Monday. Stay informed about the market activity below.

Shares of multinational media and entertainment corporation Paramount (NASDAQ:PARA) jumped 6.5% in the morning session after the company launched a hostile, all-cash bid to acquire Warner Bros. Discovery for $30 per share.