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Paramount Skydance raises 2026 profit outlook amid streaming growth and prepares for Warner Bros. Discovery merger.

Company Fundamentals
04 Aug 2026
CNBC
View Source
Bullish
Paramount Skydance raises 2026 profit outlook amid streaming growth and prepares for Warner Bros. Discovery merger.

Paramount Skydance raised its full-year 2026 adjusted EBITDA guidance following strong Q2 results driven by streaming growth, particularly from Paramount+, which added 2 million subscribers. Despite declines in traditional TV revenue, cost-cutting and creative efforts improved margins. The company is preparing for its proposed $108.4 billion merger with Warner Bros. Discovery, currently delayed by an antitrust lawsuit, but remains confident the deal will close by mid-2027. Paramount expects 4% revenue growth in 2026, with streaming revenue accelerating.

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Diraq advances to final DARPA stage to develop utility-scale quantum computing by 2031

Diraq advances to final DARPA stage to develop utility-scale quantum computing by 2031

Diraq has progressed to Stage C of DARPA’s Quantum Benchmarking Initiative, aiming to develop a utility-scale, fault-tolerant quantum computer by 2031, two years ahead of schedule. This stage involves independent verification of Diraq’s silicon-based...

Market News
Bullish
45 minutes ago
Pinterest insider sells shares amid stock underperformance and mixed analyst ratings

Pinterest insider sells shares amid stock underperformance and mixed analyst ratings

Pinterest director Benjamin Silbermann sold all his shares recently as the stock underperformed its market and industry peers. The stock declined 0.6% last month, lagging behind the S&P 500's 1.4% gain and the internet-software sector's 9% rise. Anal...

Market News
Bearish
1 hour ago
Applied Digital beats Q1 2027 earnings estimates with 322% revenue growth amid AI data center expansion.

Applied Digital beats Q1 2027 earnings estimates with 322% revenue growth amid AI data center expansion.

Applied Digital reported a fiscal Q1 2027 earnings per share of -$0.01, beating estimates of -$0.30, with revenue soaring 322% year-over-year to $341.9 million. The company is expanding its AI data center capacity internationally, securing up to 1 gi...

Company Fundamentals
Bullish
1 hour ago
Sono-Tek reports Q2 2027 earnings amid strong clean energy demand and $7.19M new orders.

Sono-Tek reports Q2 2027 earnings amid strong clean energy demand and $7.19M new orders.

Sono-Tek is set to release its Q2 2027 earnings report on October 14, with analysts expecting earnings per share around $0.04-$0.05 and revenue near $5.5-$5.7 million. The company is benefiting from strong demand in the clean energy sector, recently ...

Company Fundamentals
Bullish
1 hour ago
Webull drops 19% on China security concerns; Hess Midstream falls 14.6% after earnings cut.

Webull drops 19% on China security concerns; Hess Midstream falls 14.6% after earnings cut.

On October 7, 2026, Webull shares fell 19.2% following a congressional report raising national-security concerns over its ties to China, despite Webull's denial and assurance of U.S. data storage. Hess Midstream shares dropped 14.6% due to a transact...

Market News
Bearish
1 hour ago
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