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ReutersSony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private, the source said.
Business InsiderMicrosoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says
Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength.
Investor's Business DailyDow Jones Futures Fall On Iran Explosions; Stock Market About To Break Power Trend
Futures fell on reports of Iran explosions: The market power trend is about to end. Netflix gave weak guidance.
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