NASDAQ:VIAC - Nasdaq - Common Stock
Each week, Benzinga Buzz compiles the latest entertainment news into a cohesive column for your consideration. Read on for the latest updates — both useful and irreverent.
Mentions: DIS
Wells Fargo analyst Steven Cahall downgrades Paramount stock to "underweight"; says the premium multiple can no longer be justified.
Paramount Global CEO Bob Bakish explains how is the company well-positioned to benefit from the rapid growth in streaming.
Warren Buffett took a sizable stake in Paramount Global in Q1. Bryn Mawr Trust's Jeff Mills doesn't see a lot of downside in the media stock.
Viacom CBS (VIAC) Viacom CBS (NASDAQ:VIAC) is a media and entertainment company that operates worldwide. The TV Entertainment segment acquires or develops programming for distribution on the CBS network owns 29 broadcast stations to air this content with an additional 15 digital properties across platforms such as Netflix. The Cable networks segment creates their own […]
Shares of ViacomCBS Inc (NASDAQ: VIAC) are down 20% after its Q4 earnings came in significantly below Street estimates. The mass media company also renamed itself “Paramount Global” and updated its streaming strategy on Tuesday. Lebenthal’s take on the financial and strategy update Despite the sharp sell-off, Cerity Partners’ Jim Lebenthal says he would cling […]
Mentions: PARA
Snap is succeeding with young users but it's no TikTok. Governments and regulators are also increasing uncertainty in the sector
Masimo (MASI) stock is falling hard on Wednesday after the company revealed plans to acquire Sound United for a whopping $1.025 billion.
Nvidia (NVDA) stock is on the move Wednesday following news of a deal with Tata Motors (TTM) subsidiary Jaguar Land Rover.
Shares of VIAC stock are down over 20% after the media giant reported Q4 earnings. So, is this a golden opportunity to buy the dip?