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California and other states expect to file suit against Paramount (PSKY)- Warner Bros Discovery (WBD) merger today, according to CNBC citing sources

StockNow breaking-news AI analysis

States led by California are suing to block the $111 billion Paramount-WBD merger, citing antitrust concerns. Delays risk $650 million quarterly penalties and stall projected $6 billion cost savings.

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Pakistani sources say Pakistan PM Sharif and Army Chief Munir will visit Saudi Arabia tomorrow, Al Hadath reports

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)