Shares of Warner Bros. Discovery soared 29% following news of a potential takeover bid by Paramount Skydance, contributing to a record day for the S&P 500. Meanwhile, Oracle faced a setback despite a recent surge.
In a surprising turn of events, Couche-Tard has walked away from its $47 billion bid to acquire 7-Eleven after a year of stalled negotiations, citing lack of engagement from 7&i leadership.
