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Warner Bros. Discovery Meets Quarterly Earnings Expectations

Warner Bros. Discovery released its third-quarter earnings on Wednesday, beating Wall Street estimates despite battling with a sluggish advertising market and two Hollywood strikes. The company, which is a merger WarnerMedia and Discovery, reported a Q3 revenue of $9.98 billion. Free cash flow for the...

Goldman Sachs Recommends Buying Warner Bros. Discovery, Downgrades Paramount

For those looking to invest in streaming, Goldman Sachs analyst Brett Feldman recommends being bullish on Warner Bros. Discovery (WBD). On the other hand, Paramount Global (PARA) is the one stock you should avoid. In a note sent to clients on Tuesday, Feldman and his...