Communications-services companies rose amid renewed hope for deal activity.
Paramount-WBD stock surges as Gov. Newsom contests the antitrust lawsuit blocking the deal; media M&A activity hopes accelerate. Media consolidation signals IT leaders to reassess vendor fragmentation risk and enterprise content platform strategy amid sector M&A wave.
Communications-services companies rose amid renewed hope for deal activity.
California Gov. Gavin Newsom has expressed concerns about the state's antitrust lawsuit that seeks to block Paramount's acquisition of Warner Bros. Discovery and the ramifications of it for Hollywood. Shares of Warner and Paramount Skydance rose.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
July 31, 2026 17:16 ET (21:16 GMT)
Communications-services companies rose as traders bet that major deals will go forward.
Communications-services companies fell amid concerns about deal activity.
Stocks in the U.S. communications services companies lead gainers amid a generally cautious start to the trading week.
Communications-services companies fell amid concerns about the impact of oil prices on discretionary spending.
Stocks in the U.S. communications services sector rose on prospects that the proliferation of AI will mean increased data…
Stocks in the U.S. Communications Services unchanged at close, as the sector benefits from renewed bullishness around tech and AI.
