Nvidia Wins Trump’s Approval; Paramount Ups Warner Bros. Bid; Toll Brothers Falls
On this episode of Stock Movers:- President Donald Trump granted Nvidia (NVDA) permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world’s most valuable company potentially regain billions of dollars in lost business from a key global market.- Paramount Skydance (PSKY) launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.The bid compares with…
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