The space company is bulking up with a company that just signed a major deal with NASA.
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Jul. 13—OLYMPIA — Washington State Attorney General Nick Brown said Monday that a proposed $110 billion acquisition of Warner Bros. by Paramount would "raise prices, reduce consumer choice, and cost many Americans their jobs" as he announced a lawsuit to block the deal. Brown joined 11 other state attorneys general who allege the proposed merger would reduce competition for licensing basic ...
Jefferies said Tesla’s growth and earnings deterioration are beginning to reverse ahead of its July 22 results.
Led by California, the states argue the deal is anticompetitive, would harm theaters and lead to price increases for TV bundles.
It's pushing into an adjacent market that's quite promising.
Chipotle Mexican Grill is launching its first restaurant in Mexico this week through a strategic partnership with Latin American operator Alsea.
Chipotle Mexican Grill today announced that the first Chipotle restaurant in Mexico will open on Thursday, July 16 in San Pedro Garza García, Nuevo León, part of the Monterrey metropolitan area, in partnership with Alsea, a leading restaurant operator in Latin America and Europe. The opening marks a significant milestone in Chipotle’s international growth strategy […]
Twelve US states have sued to block Paramount from acquiring Warner Bros. Discovery in a $110bn deal. The states argued cinemas and moviegoers could face higher prices if the merger goes ahead, as Paramount and Warner Bros. currently compete for the best release dates and screens at thousands of cinemas across the US. The lawsuit represents a significant obstacle for the deal, which is seen as one of the biggest media mergers in history.
The multi-state coalition described the merger as creating a 'media behemoth' and 'likely to substantially harm competition.'
The merger "would extinguish competition between Paramount and Warner Bros. and inflict substantial harm on movie theatres, basic cable distributors, and, ultimately, audiences nationwide," 12 state attorneys general allege in a complaint filed Monday.
July 13 (Reuters) - India's largest asset manager, SBI Funds Management, sold shares worth 26.63 billion rupees ($278.50 million) to anchor investors including the sovereign wealth funds of Singapore
SpaceX is one of the 10 largest companies in the world. But its presence in the major ETFs thus far has been relatively minimal.
The stock is nearing its $135 IPO price after slipping below its $150 debut level.
Paramount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros

<body><p>STORY: :: California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros</p><p>:: Los Angeles, California / July 13, 2026</p><p>:: Rob Bonta, California Attorney General</p><p>"We're here, I'm here to announce a lawsuit that I filed, and that a coalition of 12 states have filed challenging the proposed merger of Paramount, Skydance and Warner Brothers Discovery and asking the court to block the merger from moving forward." // "This $110 billion proposed merger, the largest merger in Hollywood history, would extinguish competition. It would result in higher prices, lower content quality and fewer movies and TV shows." // As our complaint makes clear, this deal is illegal under the Clayton Act. That is a law that has been on the books for over 100 years. It prevents mergers that may substantially lessen competition or tend to create a monopoly."</p><p>The lawsuit is a serious threat to Paramount CEO David Ellison's bid to transform his company into a major competitor to Netflix and Disney.</p><p>If allowed to move forward with the deal, Paramount would control 27% of the distribution market for films that appear on screens across America, 30% of blockbuster film distribution and 27% of the market for basic cable channels, the states said.</p><p>It will likely take months for a ruling on the states' claims, causing a delay that could rack up hundreds of millions of dollars in costs for Paramount.</p><p>The deal has led to an outcry from actors, writers, and others fearing it will hurt jobs. Theater owners also opposed the deal, worrying the combination of the Warner Bros movie studio with Paramount Pictures would result in fewer films.</p><p>Paramount said the lawsuit distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry.</p></body>
California Attorney General Rob Bonta is leading a coalition of 12 attorneys general in filing a lawsuit challenging the acquisition of Warner Bros. by Paramount.
(Updates with Paramount Skydance's statement in the fourth and fifth paragraphs.) Paramount Skyda
SpaceX stock has fallen about 7% from its first-trade price of $150, giving back much of the post-IPO rally
Investing.com -- California Attorney General Rob Bonta on Monday led a coalition of 12 state attorneys general in filing a lawsuit to block Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the deal would unlawfully reduce competition across the U.S. film and television industry.
State attorneys general from a dozen states including California, New York and Washington filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery.
SpaceX spent nearly a month giving back its IPO gains. SK hynix erased its opening-day surge before the first session even closed. When two of the most anticipated debuts of the year unravel this fast, something bigger than bad timing is at work.
Rocket Lab is a pure-play space stock with businesses spanning the entire space value chain.
Jason Kidd, COO of the $46 billion fast-casual chain, is looking to promote talent with four key traits—team players who “own the outcome” have the best shot.
Another analyst on Wall Street is getting on board the SpaceX trade, just as the stock hits a weak moment.
AI expansion, index additions, and bullish analyst initiations failed to prevent post-IPO profit-taking.
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Chipotle has to deliver on a few fronts soon.
Agenus is financially abandoning an ongoing study in late-line colorectal cancer. Elsewhere, an ebola vaccine began human testing and an important Bristol Myers medicine got an FDA decision date.
Ultra-fast fashion retailer Shein is reportedly preparing for a long-anticipated initial public offering (IPO) now set to take place in Hong Kong as early as September or October.
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