Wall Street Major Indexes Decline as Economic Data Impacts Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2026
0mins
Should l Buy PSKY?
Source: seekingalpha
- Market Impact from Economic Data: Major Wall Street indexes closed lower on Friday, with the S&P 500 down 0.6%, the Dow down 0.2%, and the Nasdaq down 0.9%, indicating investor reactions to the latest PCE inflation and GDP reports.
- Paramount Skydance Gains Attention: Paramount Skydance attracted attention in after-hours trading as the NFL discusses extending its Sunday football broadcasting deal with CBS through the 2033-2034 season, potentially increasing the total contract value to approximately $3.1 billion, reflecting the company's confidence in long-term partnerships.
- StoneX Group Faces Compensation: StoneX Group is ordered by a FINRA arbitration panel to pay about $1.8 million to BTIG, despite BTIG being liable for roughly $1.0 million to StoneX, highlighting the financial pressures stemming from legal disputes.
- Cameco's Stock Decline: Cameco's stock fell 6.4% on Friday to its lowest level in two months as the Trump administration explores alternatives to Westinghouse for reviving the U.S. nuclear industry, indicating uncertainty for the company amid shifting policy landscapes.
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Analyst Views on PSKY
Wall Street analysts forecast PSKY stock price to rise
15 Analyst Rating
1 Buy
7 Hold
7 Sell
Moderate Sell
Current: 11.090
Low
8.00
Averages
14.08
High
19.00
Current: 11.090
Low
8.00
Averages
14.08
High
19.00
About PSKY
Paramount Skydance Corp is a global media and entertainment company. The Company operates through three segments, including Studios, Direct-to-Consumer, and TV Media. Its TV Media segment includes domestic and international broadcast networks and owned television stations, domestic cable networks and international extensions of certain of its domestic cable network brands, and domestic and international television studio operations. The TV Media includes CBS television network, through which it distributes entertainment, news and public affairs, and sports programming. TV Media also includes a number of digital properties such as CBS News 24/7 and CBS Sports. Its Direct-to-Consumer segment consists of its portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV and BET+. Its other portfolio includes Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Skydance's Animation, Film, Television, Interactive/Games, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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