Short interest for Waystar Holding gives investors a sense of the degree to which investors are betting on the decline of Waystar Holding's stock. Short interest data is updated every two weeks.

Waystar Holding (NASDAQ:WAY) Stock, Short Interest Report

Waystar Holding

Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in better transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for our solutions extends throughout the United States and includes Puerto Rico and other US Territories.

Waystar Holding Corp

Wayne Savings Bancshares Inc Com

Wave Sync Corp

Wayfair Inc

WaykiChain

WAYLAND GROUP CORP ORD by Wayland Group Corp.

Wayland Group Corp

WAYPOINT BIOMED HLDGS INC by WayPoint Biomedical Holdings, Inc.

Waypoint Biomedical Holdings Inc

Waypoint REIT Ltd

Cryptocurrency exchange Gemini is predicting a bright future for Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) with the <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39520707/etherum-etf-inflows-could-be-up-to-50-of-bitcoin-etf-inflows-galaxy-research">imminent launch of spot ETFs in the United States</a>.
What Happened: Gemini&#8217;s new research report suggests a surge of investor interest, estimating net inflows of up to $5 billion within the first six months of trading, Coindesk <a href="https://www.coindesk.com/markets/2024/07/02/ether-spot-etfs-to-see-up-to-5b-of-net-inflows-in-first-six-months-gemini/?utm_medium=referral&amp;utm_source=rss&amp;utm_campaign=headlines">reported</a>.
This influx of capital could push Ethereum&#8217;s value in U.S.-based spot ETFs to $13-$15 billion by the end of the year.
Gemini highlights the current undervaluation of Ethereum compared to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), suggesting these inflows could significantly improve Ethereum&#8217;s relative standing.
&#8220;There&#8217;s a very attractive risk-reward scenario for Ethereum in the coming months,&#8221; Gemini states in the report, citing strong underlying factors like a thriving stablecoin environment and robust on-chain activity.
The news comes on the heels of the SEC&#8217;s approval of initial filings for <a href="https://www.benzinga.com/money/what-is-ethereum-etf">spot Ethereum ETFs</a> in May, following the successful launch of <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39592240/what-is-going-on-with-bitcoin-spot-etfs">spot Bitcoin ETFs</a> in January.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39592526/is-the-bitcoin-trump-pump-sustainable-heres-what-10x-research-thinks">Is The &#8216;Bitcoin Trump Pump&#8217; Sustainable? Here&#8217;s What 10x Research Thinks</a>
Gemini&#8217;s report suggests Ethereum&#8217;s price could rally by nearly 20% if the ETH/BTC ratio returns to its three-year median.
A return to the peak ratio could see an increase of 55%.
Gemini cautions that net inflows below $3 billion would be a disappointment given Bitcoin&#8217;s $15 billion in the first six months. On the other hand, exceeding $5 billion would be a strong showing and anything close to $7.5 billion would be a major surprise.
These projections align with last week&#8217;s report from Steno Research, which predicted Ethereum <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39487996/ethereum-will-go-to-6-000-following-the-etf-launch-trader-asserts">could reach</a> $6,500 by the end of the year due to strong ETF inflows and other positive factors.
What&#8217;s Next: The Benzinga <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 offers a unique opportunity to hear from industry leaders and gain valuable insights into this dynamic market.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39592240/what-is-going-on-with-bitcoin-spot-etfs">What Is Going On With Bitcoin Spot ETFs?</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

$BTC

$ETH

Spot Ethereum ETFs Could Take In Up To $15B In 2024: Gemini Research

<a href="https://www.youtube.com/watch?v=dLGm8pjDojM" title="https://www.youtube.com/watch?v=dLGm8pjDojM">https://www.youtube.com/watch?v=dLGm8pjDojM</a>

Federal Reserve

Fed's Powell Says Most People Don't Expect Return To Ultra Low Rates, But Future Remains Uncertain

Uber Yacht Arrives In Ibiza August 2024 Offering Luxurious Sunseeker Yacht Rentals For €1600; Pre-Book Via Uber App For Groups Up To 8 People, Departing Daily From Ibiza Town Marina;&nbsp;
<a href="https://www.uber.com/en-IN/newsroom/uber-yacht/" title="https://www.uber.com/en-IN/newsroom/uber-yacht/">https://www.uber.com/en-IN/newsroom/uber-yacht/</a>

LYFT

UBER

Uber Boat Launches Across Europe This Summer; Responds To Rising Demand In Tourist Hotspots With 6.5M International Users Last Summer, Including 800K In Ibiza

GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) disclosed that it has extended CEO Larry Culp&#8217;s tenure until the end of 2027, with the option for an additional one-year <a target="_blank" href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000040545/d156f8b6-106e-4fb1-8473-bb3d1ab8ed50.pdf" rel="noreferrer noopener">extension</a>.
Notably, Culp&#8217;s employment agreement was earlier scheduled to end on August 17, 2024.
The decision follows reports from two weeks ago that Larry Culp had declined an offer from The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) to become its CEO, reported Reuters.
Related: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39384624/boeings-search-for-new-ceo-persists-as-calhoun-faces-congressional-hearing" rel="noreferrer noopener">Boeing&#8217;s Search For New CEO Persists As Calhoun Faces Congressional Hearing</a>
As per the report, during his tenure, GE&#8217;s debt decreased by over $100 billion, cash flow quadrupled, and market capitalization grew by approximately $100 billion.
Recently, GE&nbsp;announced that the U.S. Army had accepted two T901-GE-900 engines for integration and testing on the UH-60 Black Hawk under&nbsp;the <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39553539/ge-aerospace-delivers-t901-engines-to-us-army-for-black-hawk-testing-details" rel="noreferrer noopener">Improved Turbine Engine Program</a>.
Also, GE Aerospace was in the headlines for developing a hybrid electric engine, aiming to power<a target="_blank" href="https://www.benzinga.com/news/24/06/39398463/ge-aerospace-aims-to-slash-carbon-emissions-in-sky-with-hybrid-electric-engines" rel="noreferrer noopener"> narrow-body jets by the mid-2020s.</a>
GE stock has gained over 85% in the last 12 months. Investors can gain exposure to the stock via IShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) and TCW Transform Systems ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NETZ#NYSE">NETZ</a>).
Price Action: GE shares are up 1.18% at $160.84 at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/news/24/06/39398463/ge-aerospace-aims-to-slash-carbon-emissions-in-sky-with-hybrid-electric-engines" target="_blank" rel="noreferrer noopener">GE Aerospace Aims To Slash Carbon Emissions In Sky With Hybrid Electric Engines</a></li>
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Equities

Large Cap

Management

Media

iShares Dow Jones US Aerospace & Defense Index Fund

Engine No. 1 ETF Trust Engine No. 1 Transform Climate ETF

NETZ

Steering the Course: GE Aerospace Keeps CEO Culp At The Helm Through 2027

HSBC analyst Phani Kanumuri downgrades Millicom Intl Cellular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGO#NASDAQ">TIGO</a>) from Buy to Hold.

Downgrades

Analyst Ratings

TIGO

HSBC Downgrades Millicom Intl Cellular to Hold

UBS analyst Jill Shea initiates coverage on Toronto-Dominion Bank (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TD#TSX">TD</a>) with a Neutral rating and announces Price Target of C$82.

Price Target

Initiation

TSX:TD

UBS Initiates Coverage On Toronto-Dominion Bank with Neutral Rating, Announces Price Target of C$82

<a href="https://www.youtube.com/live/dLGm8pjDojM" title="https://www.youtube.com/live/dLGm8pjDojM">https://www.youtube.com/live/dLGm8pjDojM</a>

Fed's Powell Says Budget Deficit Very Large And Unsustainable; Sooner Or Later It Needs To Be Tackled, Better Sooner

WIIM

ABBV

REGN

Shares of pharmaceutical stocks are trading lower after Biden called on Novo Nordisk to cut Ozempic and Wegovy prices.

TD Cowen analyst Joseph Thome initiates coverage on Rapport Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAPP#NASDAQ">RAPP</a>) with a Buy rating.

RAPP

TD Cowen Initiates Coverage On Rapport Therapeutics with Buy Rating

Antony Blinken, the U.S. Secretary of State, has expressed concerns over China&#8217;s support for Russia&#8217;s war efforts in Ukraine. This comes just over a week before the NATO summit in Washington.
What Happened: Blinken addressed this issue at the Brookings Institution, a Washington-based think tank, stating that China&#8217;s actions are seen as a significant security threat to Europe, a sentiment shared by China&#8217;s neighbors in Asia, South China Morning Post <a href="https://www.scmp.com/news/china/article/3268781/antony-blinken-warns-threat-europe-china-helps-russia-sustain-ukraine-war?module=top_story&amp;pgtype=homepage">reported</a> on Tuesday.
Blinken said China was helping fuel "the biggest security threat … since the end of the Cold War" for Europe.
He referenced a joint statement by NATO and Japanese Prime Minister Fumio Kishida, which highlighted the potential for European conflicts to be mirrored in Asia. The upcoming NATO summit will see participation from Australia, New Zealand, Japan, and South Korea, partners in the Indo-Pacific region.
Last month, NATO Secretary General Jens Stoltenberg emphasized the need for global partnerships, particularly in the Indo-Pacific, due to China&#8217;s close ties with Russia. Blinken echoed this sentiment, stating that the U.S. would continue to confront challenges posed by China.
See Also: <a href="https://www.benzinga.com/markets/asia/24/06/39551977/ai-opportunities-emerge-as-baidu-stock-plummets-to-52-week-low?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">AI Opportunities Emerge As Baidu Stock Plummets To 52-Week Low</a>
Blinken also highlighted China&#8217;s indirect support for Russia&#8217;s war efforts, stating that Beijing&#8217;s investments in Russia&#8217;s defense industrial base are enabling the continuation of aggression. He noted that a majority of machine tools and microelectronics imported by Russia are from China.
China has consistently denied these allegations, stating that it does not provide weapons to nations engaged in wars and maintains strict control over the export of dual-use items.
Why It Matters: The upcoming NATO summit in Washington is <a href="https://www.benzinga.com/news/24/07/39590765/nato-to-trump-proof-ukraine-aid-after-bidens-weak-debate-performance-with-40b-annual-financial-pledg">set to announce </a>measures aimed at fortifying long-term support for Ukraine. This includes a $40 billion annual financial pledge of military support to Ukraine.
In May, China's special envoy for European affairs, Wu Hongbo, defended China's<a href="https://www.benzinga.com/news/24/05/39112015/xi-jinpings-representative-calls-it-unfair-to-place-responsibility-of-resolving-russia-ukraine-war-o"> strong ties with Russia</a> and refuted Western allegations of its involvement in the Ukraine crisis.
Ukrainian President Volodymyr Zelenskyy has openly accused China of aligning with Russia, <a href="https://www.benzinga.com/news/24/06/39136457/ukraines-zelenskyy-slams-china-for-siding-with-russia-ahead-of-peace-summit-with-chinese-war-will-la">casting a shadow</a> over the prospects of an upcoming peace summit aimed at resolving the ongoing conflict. 
Read Next: <a href="https://www.benzinga.com/news/24/06/39516240/china-russia-iran-targeting-us-water-systems-water-is-among-the-least-mature-in-terms-of-security?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">China, Russia, Iran Targeting US Water Systems: &#8216;Water Is Among The Least Mature In Terms Of Security&#8217;</a>
Photo by Alexandros Michailidis on Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Politics

Global

General

Antony Blinken Slams China For Fueling 'Biggest Security Threat' Since End Of Cold War By Aiding Russia Amid Ukraine War

Lake Street analyst Jaeson Schmidt maintains UFP Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFPT#NASDAQ">UFPT</a>) with a Buy and raises the price target from $300 to $344.

UFPT

Lake Street Maintains Buy on UFP Techs, Raises Price Target to $344

Lake Street analyst Frank Takkinen maintains Artivion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) with a Buy and raises the price target from $28 to $30.

AORT

Lake Street Maintains Buy on Artivion, Raises Price Target to $30

Sidus Space, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) (the "Company" or "Sidus"), a multi-faceted Space and Data-as-a-Service satellite company, today announced that in partnership with NASA Stennis Space Center, the primary objectives of the NASA Autonomous Satellite Technology for Resilient Applications ("ASTRA") payload mission were successfully met on July 1, 2024.
Collaborating closely with the NASA Stennis Autonomous Systems Laboratory (ASL) team, Sidus Space conducted extensive integration and communications testing of the flight unit, making a significant step forward in the development of autonomous systems for aerospace applications. "The success of this first-ever in-space mission of the NASA Stennis ASTRA payload is a historic milestone for the center and the autonomous systems team," said John Bailey, NASA Stennis Center Director. "I look forward to our continued development of autonomous systems that can support both government and industry."

SIDU

Sidus Space And NASA Stennis Space Center Successfully Complete Primary Objectives In-Space Payload Mission Met On July 1, 2024

UBS analyst Kunal Madhukar assumes Fiverr Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>) with a Neutral rating and lowers Price Target of $25.

FVRR

UBS Assumes Fiverr Intl at Neutral, Lowers Price Target of $25

Roth MKM analyst Scott Fortune reinstates Bioceres Crop Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOX#NASDAQ">BIOX</a>) with a Buy and announces $15 price target.

BIOX

Roth MKM Reinstates Buy on Bioceres Crop Solutions, Announces $15 Price Target

Editor&#8217;s Note: This article has been updated to correct the number of Other Models delivered and the heading in the chart to Q2.
Electric vehicle maker Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reported Tuesday ahead of the market open second-quarter deliveries that came in <a href="https://www.benzinga.com/markets/equities/24/07/39577584/tesla-stares-at-another-sales-decline-in-q2-did-china-save-the-day-for-the-ev-maker">ahead of the consensus estimate.</a> The stock is reacting to the report with a move to the upside.
Breaking Down Numbers: Texas-based Tesla reported second-quarter deliveries that declined from a year ago, although improving from the first quarter. Here&#8217;s how the numbers compare to the consensus and prior periods:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Q2&#8217;24</td>
<td>Consensus&#x2A;</td>
<td>Company-compiled Consensus</td>
<td>Y-o-Y Change</td>
<td>Q-o-Q Change</td>
</tr>
<tr>
<td>Deliveries</td>
<td>443,956</td>
<td>439,300</td>
<td>437,800</td>
<td>-4.76%</td>
<td>+14.77%</td>
</tr>
<tr>
<td>Production</td>
<td>410,831</td>
<td>N/A</td>
<td>N/A</td>
<td>-14.36%</td>
<td>-5.20%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">&#x2A;Bloomberg-compiled via Gary Black&#8217;s post</figcaption></figure>
Analysts and forecasters revised their estimates in recent weeks, given the ongoing slowdown in the EV market. Tesla forecaster Troy Teslike issued a final delivery and production forecast of 423,000 and 416,823 units, respectively. Wedbush analyst Daniel Ives predicted a likely in-line number, pinning his hopes on a mini end-of-the-quarter rebound in China, one of Tesla&#8217;s key markets.
China Passenger Car Association data released Tuesday showed <a href="https://www.benzinga.com/markets/equities/24/07/39590786/tesla-stock-slips-in-premarket-ahead-of-q2-sales-report-whats-going-on">Tesla&#8217;s June made-in-China sales coming in at 71,007 units, </a>taking the total for the quarter to 205,747 units. Excluding exports, domestic sales for the first two months of the second quarter totaled 86,636 units.
The vehicle category-wise breakdown of deliveries is as follows:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Q2&#8217;24</td>
<td>Y-o-Y Change</td>
<td>Q-o-Q Change</td>
</tr>
<tr>
<td>Model 3/Y</td>
<td>422,405</td>
<td>-5.48%</td>
<td>+14.23%</td>
</tr>
<tr>
<td>Other Models&#x2A;</td>
<td>21,551</td>
<td>+12.09%</td>
<td>+26.57%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">&#x2A;includes Model S/X/Tesla Semi/Cybertrucks</figcaption></figure>
Tesla hasn&#8217;t reported standalone numbers for Cybertrucks ever since its rollout in late 2023.
See Also: <a href="https://www.benzinga.com/money/how-to-buy-tesla-stock">How To Buy Tesla Stock</a>
Energy Storage: As Tesla&#8217;s core EV business stutters, analysts have begun focusing on the potential of the Elon Musk-led company&#8217;s ancillary businesses and chief among them is its energy storage unit. Tesla said on Tuesday it deployed 9.4 Gigawatt-hours of energy storage products in the first quarter compared to 4,053-MWh at the end of the first quarter.
RBC Capital markets analyst&nbsp;Tom Narayan said in a note in March that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37413580/tesla-analyst-believes-megapack-is-a-120b-sleeping-giant-that-could-surpass-ev-busi">Tesla&#8217;s Megapack utility-grade battery storage business is worth $120 billion</a>, potentially surpassing the contribution from the core vehicle-manufacturing business.
Looking Ahead: Tesla&#8217;s next big catalyst is the second-quarter earnings release, which has been scheduled for July 23, 2024. Analysts, on average, expect the company to report earnings of 59 cents per share on revenue of $24.03 billion. This compares to the year-ago earnings of 91 cents per share and revenue of $24.93 billion.
The forecasted earnings drop reflects demand that continues to slow and the margin impact of the price cuts and other promotions.
Tesla is scheduled to host its Robotaxi Day on Aug. 8, which could be another market-moving event that could shed more light on the status of the full self-driving technology.
In premarket trading on Tuesday, Tesla climbed 4.49% to $219.28, according to <a href="http://pro.benzinga.com">Benzinga Pro </a>data. So far this year, the stock has fallen 15% compared to the S&amp;P 500&#8217;s 14.8% advance.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39348676/tesla-analyst-explains-why-ev-maker-is-going-to-prove-to-be-the-next-enron-many-fan">Tesla Analyst Explains Why EV Maker Is &#8216;Going To Prove To Be The Next Enron&#8217;: &#8216;Many Fanboys Will Run For The Hills&#8217;</a></li>
</ul>
Image Via Shutterstock

TSLA

Tesla Deliveries Fall For Second Straight Quarter, But Stock Takes Off As Q2 Numbers Exceed Expectations (CORRECTED)

BEEM

Beam Global shares are trading higher after the company announced a year-over-year increase in Q2 new orders.

Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) shares are trading higher after billionaire Barry Diller is reportedly exploring a bid to <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/06/39470765/paramount-wants-you-to-shell-out-more-for-watching-starting-in-august-even-if-you-stream-it" rel="noreferrer noopener">take control of the company.</a>
IAC Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAC#NASDAQ">IAC</a>), the digital media conglomerate led by Diller, has entered into nondisclosure agreements with National Amusements, Paramount&#8217;s controlling shareholder, The New York Times <a href="https://www.nytimes.com/2024/07/01/business/dealbook/barry-diller-paramount.html" target="_blank" rel="noreferrer noopener">reported</a>, citing people aware of the discussions.
Nondisclosure agreements play a crucial role in negotiations, enabling both parties to share confidential information.
Also Read:<a target="_blank" href="https://www.benzinga.com/m-a/24/06/39281124/paramount-and-skydance-merger-talks-fall-through-report" rel="noreferrer noopener"> Paramount And Skydance Merger Talks Fall Through: Report</a>
Diller&#8217;s interest in Paramount marks a pivotal development in a highly intricate and dramatic attempt to sell a media company, following Paramount&#8217;s near-deal with Skydance that collapsed unexpectedly in recent months, The New York Times added.
The nondisclosure agreements were executed after the Paramount-Skydance deal fell apart in June, the report added, citing two sources. The progress of talks between IAC and National Amusements remains uncertain.
Other potential acquirers of National Amusements include Edgar Bronfman Jr., a media and finance executive, and Steven Paul, known for the &#8220;Baby Geniuses&#8221; franchise in Hollywood, the report added.
For Diller, aged 82, a potential acquisition of Paramount would mark a significant moment, recalling his earlier attempt to acquire Paramount Pictures in the early &#8217;90s, when he was outbid by the assertive media tycoon Sumner Redstone. Now, control of Paramount rests with Sumner&#8217;s daughter, Shari Redstone.
Acquiring National Amusements would grant control over Paramount and its valuable studio library, bypassing the need for a full company acquisition.
However, it also entails assuming substantial liabilities, including approximately $14 billion in debt and challenges in its cable business operations, The New York Times added.
Price Action:&nbsp;&nbsp;PARA shares are trading higher by 3.99% to $10.55 at last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/m-a/24/06/39256296/paramounts-parent-attracts-bids-from-bronfman-jr-and-steven-paul" target="_blank" rel="noreferrer noopener">Paramount&#8217;s Parent Attracts Bids from Bronfman Jr and Steven Paul</a></li>
</ul>

Markets

Movers

PARA

Why Paramount Global Shares Are Gaining Today

<a href="https://www.youtube.com/live/dLGm8pjDojM">https://www.youtube.com/live/dLGm8pjDojM</a>
&nbsp;

Macro Economic Events

Economics

Fed Chair Powell Says Both Political Parties On Capitol Hill Support An Independent Fed

UBS analyst Kunal Madhukar assumes Upwork (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) with a Neutral rating and lowers Price Target of $12.

UPWK

UBS Assumes Upwork at Neutral, Lowers Price Target of $12

U.S. IPO Weekly Recap: Healthcare Software Leads $1.3 Billion IPO Week, Even As Novelis Calls Off IPO

IPO roundup: NVL, TEM, and more

An announcement from Waystar Holding Corp. (WAY) is now available. Waystar Holding Corp. has launched new incentive plans coinciding with its recen...

Waystar Holding Corp. Enhances Leadership and Stock Programs Post-IPO

Waystar: Healthcare Payment Provider Goes Public

Waystar gets credit rating upgrades from Fitch, Moody's after term loan repricing

No Holiday Break For Tesla, Constellation Brands, Comcast, And Trump Media

Wall Street Breakfast: The Week Ahead

Adam Hotchkiss, an analyst from Goldman Sachs, has initiated a new Buy rating on Waystar Holding Corp. (WAY). Adam Hotchkiss has given his Buy rati...

Buy Rating Initiated for Waystar Holding Corp. on Strong Market Position and Healthy Financials

There's a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Waystar Holding Corp. (WAY – Research Report), Life360, Inc....

Analysts Are Bullish on These NA Stocks: Waystar Holding Corp. (WAY), Life360, Inc. (LIF)

George Hill, an analyst from Deutsche Numis, has initiated a new Buy rating on Waystar Holding Corp. (WAY). George Hill has given his Buy rating du...

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Waystar Holding

Short Interest

Waystar Holding (NASDAQ:WAY) Stock, Short Interest Report

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