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Sirius XM (SIRI) Misses Q2 Earnings Estimates
Zacks6d agobearish
Sirius XM (SIRI) Misses Q2 Earnings Estimates

Sirius XM (SIRI) delivered earnings and revenue surprises of -10.26% and +0.91%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com9d agobearish
Seaport downgrades Warner Bros Discovery as merger delay clouds upside

Investing.com -- Seaport Research Partners downgraded Warner Bros Discovery to Neutral from Buy, arguing that a prolonged delay to its proposed acquisition by Paramount Skydance reduces the attractiveness of the stock despite potential upside if the transaction is ultimately completed. The downgrade follows Paramount Skydance's decision to put the acquisition on hold until as late as June 1, 2027, as it seeks to address legal challenges from the Writers Guild and several U.S. state attorneys gen

Warner Bros. Discovery (WBD) Faces State Lawsuit Over $110 Billion Merger Pause
Simply Wall St.20d agobearish
Warner Bros. Discovery (WBD) Faces State Lawsuit Over $110 Billion Merger Pause

A coalition of 12 state attorneys general, led by California, has filed an antitrust lawsuit to block the proposed Paramount, Skydance, and Warner Bros. Discovery (NasdaqGS:WBD) merger valued at about US$110b. The states have also submitted emergency motions seeking a temporary restraining order, prompting immediate court hearings and a likely pause to the transaction. The filings allege threats to competition and consumer harm, as well as concerns about market concentration and special...

Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles
Benzinga21d agobearish
Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

Paramount Skydance (PSKY) Faces 12 State Lawsuit Over Warner Bros. Discovery Merger
Simply Wall St.22d agobearish
Paramount Skydance (PSKY) Faces 12 State Lawsuit Over Warner Bros. Discovery Merger

California and 11 other states have filed an antitrust lawsuit seeking to block Paramount Skydance's planned merger with Warner Bros. Discovery. The coalition of state attorneys general argues the deal could reduce competition and harm theaters, television distributors, and audiences. The legal action introduces a new hurdle for NasdaqGS:PSKY in addition to prior regulatory reviews at the federal level. Paramount Skydance, traded as NasdaqGS:PSKY, sits at the center of a consolidating media...

Investing.com27d agobearish
Paramount stock tumbles after Arete downgrade on debt concerns

Investing.com -- Paramount Skydance shares fell 8% Thursday after Arete Research downgraded the media company to sell from neutral and slashed its price target to $2, a Street low, citing concerns about the debt burden from its planned merger with Warner Bros. Discovery.