Paramount Global Inc missed first-quarter revenue estimates on Thursday as advertisers cut back on spending in a challenging economic environment.. | May 4, 2023
Communications services companies fell amid more concerns about the economics of streaming. Shares of Paramount Global fell by more than 25% after the parent of CBS and television studios said. | May 4, 2023
Shares of Paramount Global Inc, whose biggest stock holder is Warren Buffett s Berkshire Hathaway, plunged lower on Thursday after the streaming giant cut its dividend and reported revenue results. | May 4, 2023