California Attorney General Rob Bonta is actively opposing the $81 billion merger between Paramount Skydance and Warner Bros. Discovery, calling the legal battle a likely win. Despite pressure from California Democrats to settle to protect thousands of jobs, Bonta remains firm but open to sincere settlement talks. Paramount CEO David Ellison has threatened to leave California, potentially costing the state many jobs, but Bonta insists the decision to leave would be Paramount's alone. Talks involving the AG, Paramount, and the Writers Guild of America are scheduled, aiming for a resolution next month.
California Attorney General Rob Bonta's stance on the Paramount merger is the focus here, with Pluang's market data providing context. For readers following the US Media sector, as of Sep 18, 2026 02:31 WIB, 10 of 37 priced stocks rose while 27 fell. Notable movers include IQ (IQIYI Inc - ADR) at USD 1.14 with a +5.09% change and a typical hold time of 54 days, ZG (Zillow Group Inc Class A) at USD 30.88 down 3.52%, and RDDT (Reddit Inc) at USD 152.22 down 3.41% with a strong buy order activity of 91% and a typical hold time of 23 days.
Jefferies maintained a Hold rating on Kinder Morgan, lowering its price target from $35 to $33, which remains above the current stock price of $31.31. The company benefits from stable cash flows, with 96% secured by fee-based or hedged contracts, inc...
Several stocks saw sharp gains driven by key company developments. bioAffinity Technologies surged 63.55% after securing a Hong Kong patent for its lung cancer diagnostic technology, boosting its Asian market position. Antelope Enterprise Holdings ro...
KB Home is set to report its Q3 2026 earnings on September 22, with analysts projecting a 45.3% drop in earnings per share to around $0.89 and a 20.2% decline in revenue to about $1.30 billion compared to last year. The consensus EPS estimate has rec...
An investment of $10,000 in Nebius when it resumed trading in 2024 has grown significantly to approximately $105,000 by 2026. This remarkable increase highlights Nebius's strong market performance over the two-year period. Investors who bought in at ...
W.P. Carey expects to invest over $1.9 billion in 2026, reflecting robust growth in its net lease property portfolio. Despite a slight reduction in its price target by Scotiabank to $76, the stock still shows potential upside from current levels. The...
