Paramount Skydance (NASDAQ:PSKY) is reportedly one step closer to overcoming a major antitrust lawsuit that could pave the way for it to close a proposed $110 billion acquisition of Warner Bros. Discovery. After a bidding war with Netflix, Paramount Skydance announced on Feb. 27 that it would acquire Warner Bros. Discovery for an enterprise value of $110 billion, including roughly $29 billion in debt. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.
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