Market Notes

Steel Dynamics Posts Blowout Beat as Judge Halts $110B Paramount-Warner Deal

· 3 min read · by Sarah Mitchell, Nova Ventures Research

Steel Dynamics beat on both the top and bottom line with net income up 79% YoY, though shares still slipped after hours. W.R. Berkley topped EPS estimates, and a federal judge paused Paramount Skydance's $110B bid for Warner Bros. Discovery, sending WBD shares lower.

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