Warner Brothers Discovery Rises, CVS Health Gains, Home Depot Up on Cautious Forecast
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Show Notes
On this episode of Stock Movers:
- Warner Brothers Discovery (WBD) shares rise after Paramount made a $30-a-share all-cash bid to buy Warner valuing the company at $108.4 billion, including debt.
- CVS Health (CVS) gains after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.
- Home Depot (HD) shares are up after the company offered cautious preliminary guidance for next year. It's a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term.
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