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🎬📈 Interesting development in the world of film industry!
National Amusements, led by Shari Redstone, has reached a tentative agreement to sell its controlling interest in Paramount Global $PARA toDavid Ellison's Skydance Media. The news caused Paramount's stock to rise by more than 12 %. 📊🚀
Paramount Global
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I'm not too keen on it and I'm certainly not going to include it in my portfolio.
Broadcom and market capitalisation
Market capitalisation:
- Broadcom $AVGO-0.9% reached a market capitalization of $839 billion
- The company is just behind Berkshire Hathaway in the market value rankings
Growth in June:
- Broadcom saw a 35% increase in market capitalization for June
- Growth was driven by increased demand for AI technologies
Morgan Stanley assessment:
-...
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Very high quality company and for the portfolio why not, but the price is currently too high.
The last movie I saw was "Confusion", older but still cool😁.