Paramount Global

Markets

Midday Market Brief: Just Another Meme-Stock Monday

Photo illustration by Connor Lin / The Daily Upside

The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Rawpixel and Zlatko Plamenov via Freepik

Media & Entertainment

Can a Paramount Sale Break the Mold of Media Mergers?

Just what, exactly, would Sony and Apollo Global Management be getting out of a Paramount Global acquisition?

6 min read
(Photo Credit: Serba Sembilan/Flickr)

Markets

Warren Buffett Doesn’t See Much Reason to Deplete Huge Cash Pile

Berkshire Hathaway’s legendary investor admitted that he doesn’t have any idea how to put $189 billion of cash to effective use.

2 min read
Photo via Hannah Wernecke

Media & Entertainment

Paramount Ousts CEO Amid Sale Effort

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

2 min read

Media & Entertainment

Nelson Peltz Scores Major Ally in Disney Fight

Photo by Colton Jones via Unsplash

Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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