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Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One

Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One It took about ten minutes. Just after noon on Thursday, Semafor reported that Elon Musk has invested roughly $1 billion in Skydance (SKYD), the newly renamed Paramount-Warner Bros. Discovery combo run by David Ellison. The stock did what stocks are supposed to do on a billionaire endorsement and spiked to $8.46, up 7.5% on the day. Then traders actually thought about it, and by 12:10pm the shares had been halted for volatility after tumbling, before printing...
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Sep 15, 2026 / Tyler Durden
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
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Oct 4, 2026 / Tyler Durden
Why Apartments In Tokyo Are So Much Cheaper Than In NYC
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Sep 3, 2026 / Dave DeCamp
Iran Says It Launched Attacks on US Bases in Kuwait, UAE
The Iranian Army has announced that its forces launched missile and drone attacks targeting US bases in Kuwait and the UAE, attacks that it said were a response to the US strikes against Iran on Tuesday that killed civilians and soldiers. According to Iran’s PressTV, the Iranian Army, officially known as the Islamic Republic of […]
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