Paramount executives are reportedly considering asking Elon Musk to invest in their $81 billion acquisition of Warner Bros. Discovery to ease financial pressure on Larry Ellison, who is backing much of the deal. Musk's involvement could cause unrest among CNN employees worried about layoffs and leadership changes after the merger. The deal was recently approved following a settlement with California's Attorney General, which includes production commitments and editorial board promises. Musk's investment could enhance investor confidence given his strong following, but it also raises concerns among staff at left-leaning CNN.
David Ellison's reported interest in Elon Musk for Paramount equity investment comes as 34 of 45 Media-sector US stocks on Pluang fell on September 24, 2026, at 01:24 WIB. For readers following media stocks, here is Pluang's market snapshot: Angi Inc (ANGI) dropped 5.78% to USD 5.22 with a typical hold time of 42 days and a 55% buy order activity, Bumble Inc (BMBL) fell 5.12% to USD 2.69 with a 93-day hold time, and Liberty Global Ltd Class C (LBTYK) declined 4.57% to USD 9.29 with a 19-day hold time and 100% buy order activity.
Costco Wholesale announced $93.9 billion in net sales for its fiscal Q4, up 11.3% from last year, with comparable sales rising 9.4%. The full earnings report on September 24 will reveal membership fees, total revenue, expenses, and profit details. An...
Jefferies reaffirmed its Buy rating on Life Time Group Holdings (LTH), citing a positive earnings outlook supported by a Zacks Rank of #2. The stock trades around $38.85 with a market cap near $8.68 billion. Despite this optimism, Executive Vice Pres...
Jefferies analysts set a new price target of $435 for General Electric Aerospace, implying a 35% upside from its current price of around $321. GE Aerospace's strong position is supported by a $170 billion commercial services backlog and 80,000 aircra...
NWPX Infrastructure has named John Schillie as Vice President and General Manager of NWPX Park, overseeing three Texas facilities focused on engineered water and environmental solutions. Schillie brings nearly 30 years of leadership experience in inf...
Tron is approaching 100 million weekly transactions, processing between $150 billion and $190 billion in stablecoin transfers, primarily USDT. The network's average transaction fee has dropped to about seven cents, making it a cost-effective choice f...
