When shares of Oracle (ORCL) gained 25.51%, it led to rumors of Paramount Skydance (PSKY) buying out Warner Bros. Discovery (WBD).
David Ellison runs Paramount Skydance. He is the son of billionaire tech mogul Larry Ellison. A buyout of WBD would need Paramount to secure funding from Larry Ellison. That would take several months. Once that happens, a privately-owned Paramount might bid for WBD.
The streaming industry requires consolidation. None of the firms entering the space may compete against Netflix (NFLX). Netflix not only has a first-to-market advantage, but it also procures content more effectively. Apple (AAPL) likely loses around $1 billion annually from Apple TV. WBD, Paramount, Disney (DIS), and Comcast’s (CMCSA) streaming service are struggling.
WBD shareholders might demand a $35-$40 buyout, but should not expect a bid beyond the low to mid $20 range.
In the technology sector, Micron (MU) shares soared by nearly 20% last week and are up nearly 100% in 2025. The memory chip supplier rose after Citi analysts expected strong guidance ahead. It cited data center demand driving Micron’s EPS.
MU stock is relatively inexpensive. However, the DRAM upturn may not play out if AI-related hardware sales lose momentum. Investors should consider the risks of MU stock pulling back after its recent yearlong rally.
