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Paramount Global

Paramount gains as steady streaming growth dwarfs TV division write-down

(Reuters) – Paramount Global shares rose 6% in premarket trading on Friday as investors welcomed strong growth in the media group’s streaming business, even though the company, like rival Warner Bros Discovery, wrote down the value of its TV assets….

What is likely to move the market

Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. Brendan McDermid | Reuters Stocks @ Night is a daily newsletter sent after the market closes, giving you a…

Stock market today: Live updates

Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City on August 8, 2024. Spencer Platt | Stock futures rose slightly on Thursday evening after investors regained some ground following this week’s wave…

Disney falls on concerns about its theme parks. Why we would buy the stock

Disney shares fell on Wednesday as concerns about theme park attendance overshadowed streaming gains and better-than-expected headline results. However, the quarter met our key criteria, making the share price pullback a buying opportunity. Revenue in the fiscal third quarter was…