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Paramount Global-B Newsroom
U.S. Streamers Press Canada Appeals Court to Stop Proposed Local-news Tax
Unusual Options Activity: APP, DELL and Others Attract Market Bets, APP V/OI Ratio Reaches 271.6
EST Jul 5th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
The latest counterattack against Canada's new tax policy, Netflix (NFLX.US) and Paramount (PARA.US) refuse to be taxed to support local news industry.
According to the Smart Finance APP, the American streaming giant is requesting that the Canadian court revise Prime Minister Justin Trudeau's 5% new tax on its revenue in Canada to cancel the requirement for funding local news.
Streaming media giants challenge new revenue sharing regulations in Canada.
Global streaming companies are challenging Canada's new regulations requiring them to pay for local news. The Canadian Radio-television and Telecommunications Commission (CRTC) announced in June of this year that major online streaming services must allocate 5% of their Canadian revenue to support the domestic broadcasting system, including news production.
Netflix, Disney Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue -- Update
Netflix, Walt Disney, and other U.S. streaming companies have asked a Canadian court to stop plans by authorities to force them to fork over 5% of their sales in the country to help finance local broadcast news and other domestic content.
AI Boom Pushes Four S&P 500 Communication Stocks to an All-time High in 2024
Netflix, Disney Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue
By Paul Vieira OTTAWA--Netflix, Walt Disney and other U.S. streaming companies have asked a Canadian court to stop plans by authorities to force them to fork over 5% of their sales in the country to
Daily short sale tracking: NVIDIA's short volume increased by 4 million, with a short sale ratio of 9%
NVIDIA(NVDA.US) ranked top of the list had the largest change in short volume (4.02 million shares), and the short volume ratio of Mattel(MAT.US) reached 35.58%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
12 Communication Services Stocks Moving In Thursday's Pre-Market Session
GainersDouYu Intl Hldgs (NASDAQ:DOYU) shares increased by 32.6% to $16.7 during Thursday's pre-market session. The market value of their outstanding shares is at $528.3 million. TuanChe (NASDAQ:TC) sh
Paramount Global-B Options Spot-On: On July 3rd, 206.31K Contracts Were Traded, With 801.56K Open Interest
On July 3rd ET, $Paramount Global-B(PARA.US)$ had active options trading, with a total trading volume of 206.31K options for the day, of which put options accounted for 22.29% of the total transaction
M&A News: New Paramount (NASDAQ:PARA) Deal Already Showing Signs of Uncertainty
Heard on the Street Recap: Paramount's Plus -- WSJ
By Heard Editors Many investors might have left early for the holiday, but the shortened trading day before July 4th certainly didn't lack action. First, another plot development in Paramount Global
S&P 500, Nasdaq Extend Record Closing Runs
The S&P 500 and the Nasdaq Composite closed at new record highs Wednesday as markets closed early, while investors evaluated the latest batch of economic data. The tech-heavy Nasdaq rose 0.9% to 18,18
10 Communication Services Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.
US Benchmark Stock Indexes Mixed, Treasury Yields Drop as ISM Services Enters Contraction Amid Rising Rate-Cut Bets
US benchmark stock indexes traded mixed as government bond yields slumped after a services gauge surprisingly fell into contraction territory and bets for a September interest-rate cut rose amid marke
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
'Wicked,' 'Gladiator 2' Same Day Release Has Industry Vying For Another Box Office Power Duo: Barbenheimer Take Two?
Oz or Ancient Rome? Moviegoers may have another Barbenheimer-like decision to make when "Wicked" and "Gladiator II" premiere in cinemas on the same weekend. What Happened: Recall last summer when "Bar
Sector Update: Consumer
Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.7%. In corporate
Paramount Stock and Bonds Snapped up on Report Deal With Skydance Is Back on
By Ciara Linnane and Bill Peters The deal between Shari Redstone and Skydance Media that was scrapped a few weeks ago has been revived Investors snapped up shares and bonds issued by Paramount Globa
Top Midday Stories: Southwest Board Approves Shareholder Rights Plan; National Amusements Agrees to Preliminary Deal to Sell Paramount to Skydance; Ozempic, Wegovy Linked to Blinding Eye Condition, Study Says
The S&P 500 and the Nasdaq Composite were both up in late-morning trading Wednesday while the Dow Jones Industrial Average was down as investors prepare for another big jobs report Friday. In company