Stocks Rebound After Major Dow Slump
TL;DR Summary
Tech stocks led the S&P 500 and Nasdaq higher, ending a volatile week. Paramount secured a multi-year distribution deal with Charter Communications, ensuring continued carriage of its networks and ad-supported versions of Paramount+ and BET+ for Charter's largest tier subscribers. This deal mitigates a significant risk for Paramount and may pave the way for potential buyouts from Skydance Media, Apollo Global, or Sony.
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