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Now time for some of today’s training tickers. We are watching Warner Brothers, Google, Amazon and Apple.
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First up, Warner Brothers, the stock extending gains on reports that Paramount Skydance is preparing a bid for the media company.
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The Wall Street Journal reporting the majority of the planned bid for Warner will be made up of cash.
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Warner Brothers had a nearly $33 billion market cap prior to the Journal’s report on the potential bid, more than double that of Paramount Skydance.
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A bid has not yet been submitted. The plans could still fall apart. We’ll have more on this in the next hour.
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Next up, Google and Amazon. The Federal Trade Commission is investigating whether the tech giants misled advertisers that placed ads on their websites, according to Bloomberg.
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The investigations focus on whether the companies properly disclosed the terms and pricing for ads, according to the sources cited.
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The FTC probes mark a new front in regulatory scrutiny of Google and Amazon, even as top technology firms’ executives try to win over President Trump.
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And finally, Apple, delaying the launch of its new iPhone Air in mainland China, according to Bloomberg.
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The reason behind the delay due to regulatory approval issues. When pre-orders for the new models began today, the company’s China website would not let customers in the region order the new thinner device.
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Instead, a message reads, Release information will be updated later. All models will be released after approval.
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As always, you can scan the QR code below to track the best and worst performing stocks with Yahoo Finance’s training tickers page.
