Paramount (PARA) majority owner Shari Redstone is reportedly considering selling the entertainment giant to Skydance media, while Altice USA (ATUS) is considering selling its news arm, Cheddar News, to private equity firm Regent. Both potential deals raise questions around the state of streaming services and potential M&A activity heading into 2024. Matthew Harrigan, Benchmark Analyst, joins Yahoo Finance to give insights into why he feels both headlines are "a bit of a surprise," though he also notes that it media conglomerates are looking to get "more scale" relative to competition from the likes of Netflix (NFLX), Disney (DIS), Amazon (AMZN) and others. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In this piece, we will take a look at a billion dollar fund’s bets on U.S. stocks. If you want to skip out on finding out who the mysterious investor is and want to skip to the top five stocks, then take a look at Top 5 Stocks of Eisler Capital. Is playing with stocks […]
Retailers such as Brinker International (EAT), Abercrombie & Fitch (ANF), Amazon (AMZN), and American Eagle (AEO) are strategically positioned to ride the Santa Claus rally.