Paramount said Friday it will not move forward with its merger with Warner Bros. Discovery until legal challenges to the deal are resolved or June 1, 2027, whichever comes first. The concession is the latest blow to the $81 billion merger between entertainment giants Paramount and Warner, which is being challenged on antitrust grounds by 12 states and the Writers Guild of America, who argue the deal is anticompetitive. Paramount’s decision came after a California federal court had granted a temporary restraining order stopping the deal from closing in 28 days.
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SLB Ltd (SLB) reports robust digital revenue growth and strategic positioning despite geopolitical headwinds in the Middle East.
Verizon Communications Inc (VZ) reports robust free cash flow and strategic advancements, despite a slight dip in total revenue.
American Express Co (AXP) reports a robust 10% revenue increase and outlines strategic reinvestments to sustain growth amid evolving market dynamics.
Tata Consumer Products Ltd (BOM:500800) reports a 12% revenue growth and unveils 14 new products, while navigating challenges in international markets.
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The U.S. will consider applying additional tariffs to goods from the European Union in response to fines the 27-nation bloc has levied against U.S. tech firms. The EU this week announced it would fine Alphabet’s Google $1 billion for breaching digital competition rules—the latest in a series of penalties for American tech firms in recent years. In response, President Trump said on Friday that he would direct his government to open a tariff investigation that could result in new levies on the EU.
Moby summary of Charter Communications, Inc.'s Q2 2026 earnings call
The Dow Jones Industrial Average ended Friday’s session 0.5% higher, while the S&P 500 gained 0.1% and the Nasdaq composite fell 0.6%.
The ongoing crypto winter has forced Michael Saylor's Strategy (Nasdaq: MSTR), formerly MicroStrategy, to sell Bitcoin (BTC) twice this year. 32 Bitcoin for around $2.5 million during May 26-313,588 BTC for $216 million during June 29-July 5 The company has sold Bitcoin for the first time after ...
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Intel beat forecasts by $1.7B and still lost 11%. Oil, rates, and chip selling explain it better. What has Jim Cramer got to do with it?
Over the past six months, Photronics’s shares (currently trading at $30.49) have posted a disappointing 12.1% loss, well below the S&P 500’s 7.9% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.

Paramount Skydance (PSKY) agreed to delay its acquisition of Warner Bros. Discovery (WBD) until June 2027 after 12 attorneys general sued to block the massive media merger.
Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether. In a court filing, Paramount said it wouldn’t close the merger until either a court ruling is made on the merits of the states’ lawsuit or June 1, 2027. The move arrives just days after U.S. District Judge Araceli Martínez-Olguín granted a temporary restraining order to freeze the transaction for several weeks, ruling that the states had raised some “serious questions” and a strong case about the merger's potential to “substantially lessen competition.”

Yahoo Finance Senior Reporter Brooke DiPalma explains what you need to know about the recent egg recall, Lamb Weston's (LW) quarterly earnings, and Coors Light's (TAP) partnership with Cheez-It on "beer cheese crackers."
Investing.com -- Paramount said Friday it agreed to halt its $111 billion merger with Warner Bros. Discovery until June 1, 2027, or until a federal judge rules on a lawsuit filed by state attorneys general seeking to block the deal.
Every quarter, Wall Street fixates on whether hyperscalers will blink and cut their AI budgets, and every quarter the order books tell a completely different story. Here is the basic economic principle that keeps one investor hitting buy on NVDA ahead of August earnings.
Volatility continued Friday as a new round of tariffs amplified inflation fears and Intel's earnings couldn't overcome a risk-off stance toward chip stocks.
The Dow rose on Friday, but the blue-chip index couldn’t stave off its third-consecutive weekly decline. The Nasdaq dropped 0.6%. Stocks traded sideways all day, as another slide in chip stocks dragged down the S&P 500 and Nasdaq.
Rivian has filed a lawsuit against the Trump administration to get the refund of tariffs it paid before the Supreme Court ruled them unconstitutional. Find out more.
According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.
Investing.com -- Uber Technologies (NYSE: UBER) shares skidded 4% on Friday, with losses accelerating in the final hour of trading following a revealing Financial Times report that Alphabet’s Waymo is eyeing the exit ramp on their alliance. According to the report, the self-driving car company is holding internal discussions about terminating its current agreements with the ride-hailing giant, which presently include joint operations in Austin and Atlanta. The Breakdown Uber has confirmed the fr
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.
By Jody Godoy July 24 (Reuters) - Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros.