Warner Brothers Discovery Bidding War: Tech vs Media

Market Update: Warner Brothers Discovery Bidding War, Semiconductor SurgeShares of Paramount Skydance and Netflix dropped as competition for Warner Brothers Discovery intensified. Microchip Technology stock soared after raising sales and profit forecasts. The Warner Brothers Discovery buyout race has investors on edge, with Netflix offering a cash deal and Paramount exploring shareholder bypass options. The tech sector shows strength, while traditional media players face acquisition challenges.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.