Paramount to Become Skydance, Adopt SKYD Ticker on October 6
Paramount plans to rename itself Skydance Corporation and move to the NYSE under SKYD on October 6, the expected closing date of its Warner Bros. Discovery merger.
The daily market timeline
Markets move. Stories develop. Follow the news, briefs and guides shaping business, finance and the economy — one day at a time.
Friday
Friday
7 news articles · 2 briefs · 0 guidesParamount plans to rename itself Skydance Corporation and move to the NYSE under SKYD on October 6, the expected closing date of its Warner Bros. Discovery merger.
Nvidia reaches a new intraday record, taking its estimated market value above $5.72 trillion as investors assess AI earnings and a larger buyback program.
Banks’ AI expansion is changing financial careers, with specialist roles, higher pay estimates and internal training reshaping opportunities for workers.
September payrolls rose by only 29,000 as unemployment edged up to 4.2%, wage growth slowed and downward revisions weakened the summer hiring picture.
Gasoline models accounted for less than half of global new-vehicle sales in the first half of 2026, Nikkei reported, as higher oil prices sharpened the appeal of electric vehicles.
Eurozone inflation accelerated to 3.8% in September as energy prices surged, while core inflation edged up to 2.5% after the ECB’s latest rate increase.
The dollar held near a 17-month high against the euro as rising bond yields, French fiscal concerns and energy costs pressured Europe ahead of U.S. jobs data.
Nike plans job cuts from 2027 as Greater China sales fall 22%, deepening a restructuring aimed at reducing costs and rebuilding its marketplace.
Amazon is exploring an investor-funded vehicle for $8 billion of Nvidia chips, with plans to lease the hardware back as AI spending strains cash flow.
You have reached the beginning of our coverage.