Paramount Settles Merger Lawsuit, AMD on Track to Top $1T, More
Summary
Bloomberg News Now covers the Paramount-Warner Bros. merger settlement, which avoids cable divestitures but mandates annual theatrical releases, alongside AMD's surge toward a trillion-dollar valuation. The segment also details CNN and Politico's lawsuit over White House access, Putin's planned APEC trip, and US Trade Representative Jamison Greer's comments on managed trade with China. Additionally, the report features Chicago Fed President Austan Goolsby's warnings on supply shocks and inflation, while noting market gains driven by hopes for diplomatic efforts to end the Iran war.
Topics discussed
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Paramount Skydance settles with states over Warner acquisition
AMD shares surge as chipmakers rally on AI optimism
CNN, MS Now, Politico sue White House over press access
Putin to skip G20 but attend APEC in China
US Trade Rep Greer discusses managed trade with China
Chicago Fed warns on supply shocks and inflation response
Market update: Stocks up, oil prices lower
OpenAI and Anthic discuss cross-model stress testing deal
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