Paramount Skydance is lobbying California Democrats, including LA Mayor Karen Bass, to isolate Attorney General Rob Bonta over his antitrust lawsuit challenging their $81 billion merger with Warner Bros. Discovery. The company argues the case is weak and threatens to move operations out of California, risking over 50,000 jobs and billions in economic activity. Governor Gavin Newsom and other top Democrats are concerned about the potential economic impact. Bonta demands structural changes to the merger, but Paramount seeks a settlement by October 1 to avoid costly litigation and a possible $7 billion breakup fee. Talks are ongoing with a federal judge urging settlement discussions by mid-October.
Paramount's merger defense is the subject, with Pluang's Media sector data providing context as of Sep 18, 2026 02:31 WIB. Of 37 priced Media-sector US stocks tradable on Pluang, 10 rose and 27 fell today. Notable movers include AMC at USD 2.73 with a 1-day change of +2.82%, Sirius XM Holdings Inc at USD 27.83 down 2.56%, and Verizon Communications Inc at USD 48.50 down 2.53%.
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...
Micron Technology is investing $10 billion over the next decade to establish Micron Research Labs, a new division focused on future memory architectures and advanced semiconductor manufacturing. The company shows strong financial health with a low de...
Impact Biomedical Inc. will conduct a 1-for-12.62 reverse stock split on September 23, 2026, consolidating shares without changing shareholder value. This move facilitates its planned merger with Zoar Ltd., with a Form F-4 registration filed with the...
