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Warner Bros. Discovery revenue drops 11.3% amid merger delays and weak fundamentals

Market News
07 Aug 2026
Seeking Alpha
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Bearish
Warner Bros. Discovery revenue drops 11.3% amid merger delays and weak fundamentals

Warner Bros. Discovery reported an 11.3% revenue decline in Q2 2026, driven by sharp drops in content and advertising revenues. Despite some resilience in earnings per share and EBITDA, the company's outlook remains weak due to deteriorating business fundamentals. The planned merger with Paramount faces regulatory lawsuits causing delays, which, if completed, could offer about 17% upside but also carries significant downside risks. Given the ongoing legal hurdles and weakening financials, holding Warner Bros. Discovery shares is considered risky at current levels.

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Tertiary Minerals plans equity raise to boost Mushima North project in Zambia after strong drilling results

Tertiary Minerals plans equity raise to boost Mushima North project in Zambia after strong drilling results

Tertiary Minerals PLC is set to raise new equity funding to accelerate development at its Mushima North project in Zambia, following promising results from its recent Phase 4 drilling program. The fundraising, arranged by SP Angel Corporate Finance, ...

Company Fundamentals
Bullish
4 hours ago
Anglo Asian Mining reports record copper output, boosting H1 revenue and profit sharply.

Anglo Asian Mining reports record copper output, boosting H1 revenue and profit sharply.

Anglo Asian Mining achieved record copper production of 8,840 tonnes in the first half of 2026, significantly up from 1,188 tonnes in the same period last year. This surge, driven by full contributions from its Gilar and Demirli mines, led to revenue...

Company Fundamentals
Bullish
4 hours ago
Roblox posts 36% revenue growth in Q2 2026 despite bookings slowdown, with strong cash flow and $3B buyback underway

Roblox posts 36% revenue growth in Q2 2026 despite bookings slowdown, with strong cash flow and $3B buyback underway

Roblox reported a 36% revenue increase in Q2 2026, showing strong cash flow and continuing a $3 billion share buyback program despite a slowdown in bookings and a post-earnings stock sell-off. The company is building a unique global entertainment pla...

Company Fundamentals
Bullish
4 hours ago
MPLX expands rapidly in natural gas and oil, showing strong growth and potential 11% upside.

MPLX expands rapidly in natural gas and oil, showing strong growth and potential 11% upside.

MPLX is rapidly growing its natural gas and crude oil operations, particularly in the Permian Basin, with a balanced business model. The company reported mid-single-digit EBITDA growth year-over-year in Q2 and maintains a strong distribution coverage...

Company Fundamentals
Bullish
4 hours ago
Vanguard Total World Stock ETF rated Buy with 6–10% return target despite Vietnam's minor index inclusion impact

Vanguard Total World Stock ETF rated Buy with 6–10% return target despite Vietnam's minor index inclusion impact

Vanguard Total World Stock ETF (VT) is rated Buy, aiming for a 6–10% total return over the next 6–12 months. VT offers broad global exposure with over 10,000 holdings and a low fee of 0.06%, reducing the need for country-specific bets. Vietnam's phas...

Analyst Insights
Bullish
4 hours ago
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