Skydance
SKYD7.7700.26% ( -0.020 )
Closed: Oct 23, 16:00:00 (EDT)Trump Admin Warned Netflix Its Warner Bid Was Going Nowhere, John Malone Says
benzinga_article·- Media mogul John Malone stated that the Trump administration warned Netflix its acquisition of Warner Bros. Discovery would be blocked, prompting Netflix to drop its bid. - This intervention allegedly cleared the path for the approved merger between Paramount Skydance and Warner Bros. Discovery. - The deal faced political scrutiny and lawsuits regarding the administration's preference for Paramount Skydance, whose shares dropped 22.7% over the last month to trade at $7.81.Elon Musk makes $1B investment in Skydance - Semafor
businessinsider·US Stock Market Today: S&P 500 Futures Slip On Weak Housing And Consumer Strain
Simplywall·- US stock futures slipped as declining mortgage activity and a rate of 7.41 % for the 30 year fixed mortgage reinforced cautious consumer demand. - Corporate updates featured Alibaba dropping 3.9 % following regulatory pressure, Tesla and Nvidia planning investments in Samsung Electro Mechanics, and Southwest Airlines posting record Q3 operating revenue. - Markets await upcoming US jobless claims, PMI data, and the Federal Reserve interest rate decision amid ongoing focus on AI demand and tight financial conditions.