Morgan Wallen Making Jokes at Tech CEO During Concert
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Yahoo
43 minutes ago
- Yahoo
Do Wall Street Analysts Like Paramount Global Stock?
New York-based Paramount Global (PARA) is a leading media, streaming, and entertainment company offering television, film production, and digital content across various global platforms. With a market cap of $8.8 billion, the company owns a diverse portfolio of entertainment brands and provides streaming services, including Paramount+, Pluto TV, BET+, and Noggin. Shares of this entertainment giant have underperformed the broader market over the past year. PARA has gained 16.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.1%. However, in 2025, PARA stock is up 24.7%, surpassing the SPX's 8.6% fall on a YTD basis. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Similarly, PARA has trailed the Communication Services Select Sector SPDR ETF (XLC), which has gained about 27.9% over the past year. However, PARA's double-digit returns on a YTD basis outshine the ETF's 10.6% rally over the same time frame. Paramount shares rose over 1% in pre-market trading on July 25, after receiving Federal Communications Commission's (FCC) approval for the company's merger with Skydance Media. This approval marks a significant step forward in the proposed deal, which aims to combine Paramount's extensive content library and global distribution network with Skydance's innovative production capabilities and strong track record in film and television. For fiscal 2025, ending in December, analysts expect PARA's EPS to decline 15.6% year over year to $1.30 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters, while missing the forecast on another occasion. Among the 23 analysts covering PARA stock, the consensus is a 'Moderate Sell.' That's based on two 'Strong Buy' ratings, 11 'Holds,' and 10 'Strong Sells.' This configuration is more bearish than three months ago, with three analysts suggesting a 'Strong Buy.' On Jul. 28, Seaport Global Securities downgraded Paramount Global from 'Neutral' to 'Sell,' setting a price target of $11 ahead of its August 7 merger with Skydance. The firm cautions that PARA shares may give back recent merger-driven gains after the deal closes. The company will begin trading under the new ticker PSKY post-merger. While PARA currently trades above its average mean price target of $11.67, its Street-high price target of $16 suggests an ambitious upside potential of 22.7%. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
USA Today
2 hours ago
- USA Today
Jessica Williams returns to 'The Daily Show' to roast Trump
"The Daily Show" is welcoming back a familiar face. Host Jon Stewart threw cameras mid-monologue to Jessica Williams, a famed alum of the political satire program, on Monday, July 28. Williams, fresh off an Emmy nod for her role in Apple TV+'s "Shrinking," served as a regular correspondent on "The Daily Show" from 2012 to 2016. Back at her old stomping ground, Williams, 35, took aim at President Donald Trump, joking that he was using notable Black people to distract from a refusal to release the "Epstein Files." "Trump is trying to throw every Black person he can think (of) in front of the scandal to distract us," Williams quipped. "First, he released the Martin Luther King Jr. files. Then he accused Obama of treason. And now he wants to prosecute Oprah and Beyoncé?" How did new 'Daily Show' host do? Our quick take on Josh Johnson's debut Williams' comments come as the Trump administration continues to weather a scandal over the investigation into convicted sex trafficker Jeffrey Epstein. Throughout his run for office, the president speculated that the government was withholding key evidence after the financier died by suicide in a New York jail cell before making it to trial. Now in office, however, the president has opted not to release further information, and the Department of Justice has maintained that there was no elusive "client list," with notable names who associated with Epstein. The move has angered some of Trump's most loyal supporters, and provided fodder for over a week of late-night monologues. Trump, Williams joked, was targeting "all of our greatest Black people," in order to distract from the scandal. "Who's next? Michael Jordan? Michael B. Jordan? Michael C. Jordan?" she continued. "We're about a week away from him saying that Urkel did 9/11. Urkel? Did he do that?" She then wondered aloud if she would be next, quipping that recent Emmy nominations might just make her famous enough to be a target. Williams, who has since ventured into more serious dramatic roles, occasionally swings by "The Daily Show" to remind audiences of her comedic prowess. She is one of several comics and actors who arrived in Hollywood after a stint on the Comedy Central program.
New York Post
2 hours ago
- New York Post
Why Erin Andrews and Charissa Thompson kept silent on Taylor Swift-Travis Kelce trip
Taylor Swift and Travis Kelce's love story is theirs to tell. That's the message pals Erin Andrews and Charissa Thompson drove home Monday on the latest installment of their 'Calm Down' podcast, days after the Chiefs tight end posted a handful of Instagram photos of the group's offseason getaway with the pop superstar. 'When the opportunity came about for all of us to spend time together and go on vacation, we were elated to have time with them, but also, just in general, see what she's all about,' Thompson said of Swift, who has been dating Kelce for two years. Advertisement 3 Travis Kelce and Taylor Swift spent time with Charissa Thompson and Erin Andrews this offseason. Travis Kelce/Instagram 3 The couple has been dating since 2023. Travis Kelce/Instagram 'She's everything and more. Their lives are so public, so it was very important for Erin and I not to say anything — not because we don't like to share stuff with you, but it's important for us to let them dictate the narrative on things they do in their personal life.' Advertisement Thompson, a longtime Swiftie like Andrews, added the 14-time Grammy winner is 'a dream,' and she's elated the couple 'make[s] each other happy.' Kelce, 35, who reported to training camp this month ahead of his 13th NFL season, sent the internet into a frenzy on July 24 when he posted pics of his offseason 'adventures' with Swift, 35, Andrews, Thompson and their significant others, Jarret Stoll and Steve Cundari, respectively. 3 Travis Kelce is currently preparing for his 13th season in the league. Travis Kelce/Instagram 'We're so protective of them and their privacy and what they deserve, so that's why we never said anything or never planned on saying anything,' Andrews added on Monday's episode. Advertisement '… I will say this, our group, the six of us, we had a time.' Andrews, 47, and Thompson, 43, have long championed a Kelce-Swift connection, with the Fox Sports reporters encouraging the 'Fortnight' singer to give the three-time Super Bowl winner a chance after he failed to pass along a friendship bracelet at a July 2023 Eras Tour show with his telephone number on it. Swift made her first appearance at a Chiefs game two months after Kelce's reveal.
