About Paramount Global - Class B Common Stock (PARA)
Paramount Global is a media and entertainment company that operates a diverse portfolio of well-known brands and franchises across various platforms. The company engages in the creation, production, and distribution of a wide range of content, including television shows, films, and digital media, catering to audiences worldwide. With its extensive library and a robust presence in both traditional and streaming services, Paramount Global leverages its intellectual property to connect with consumers through engaging storytelling, innovative experiences, and strategic partnerships, all while continuously adapting to the evolving media landscape. Read More
Multinational media and entertainment corporation Paramount (NASDAQ:PARA) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 6.4% year on year to $7.19 billion. Its non-GAAP profit of $0.29 per share was 12% above analysts’ consensus estimates.
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Apprehensions regarding deal closure, Trump’s tariff threat, earnings anxiety and a delayed product launch led to a spike in activity levels for these stocks.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Looking back on broadcasting stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nexstar Media (NASDAQ:NXST) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how broadcasting stocks fared in Q4, starting with FOX (NASDAQ:FOXA).
Media networks are expected to cover Pope Francis's funeral. Here's a look at the upcoming event and the streaming company that could see increased interest for "Conclave."
Since October 2024, Paramount has been in a holding pattern, posting a small return of 2.8% while floating around $10.81. However, the stock is beating the S&P 500’s 14.2% decline during that period.
