Warner Bros. Discovery - Trendinginfo.blog

Warner Bros. officially deems Paramount’s bid ‘superior,’ and Netflix withdraws

Ravi Singh7 hours ago03 mins

Warner Bros. Discovery has formally declared Paramount Skydance’s latest takeover proposal a “superior” offer to its existing deal with Netflix, escalating one of the most dramatic bidding wars Hollywood has seen in years. The determination prompted Netflix to withdraw from the bidding, handing the victory to Paramount. In a statement Thursday, Warner Bros. Discovery said…

US stocks today: Wall Street swings as AI jitters, weak consumer sentiment weigh on markets

Ravi Singh1 week ago03 mins

File photo (Picture credit: AP) US stocks were mixed in uneasy trading on Tuesday as companies flagged weakening consumer confidence and investors continued reassessing the impact of artificial intelligence on corporate earnings.The S&P 500 was virtually unchanged after swinging between a modest gain and a drop of nearly 1%. The Dow Jones Industrial Average rose…