Paramount and Warner Bros. Discovery stocks surged 5.8% and 7% respectively after the Wall Street Journal reported settlement discussions with California’s attorney general regarding the lawsuit blocking their merger. Accenture gained over 6% following the announcement of a partnership with Anthropic and an investment of at least $1 billion in artificial intelligence. Novo dropped nearly 5% after investors expressed disappointment with its long-term goals in the weight loss drug sector, despite projections of risk-adjusted pipeline sales exceeding $23 billion by 2035. Coinbase rose over 4% with bitcoin hitting a high of $85,229.44, a level not seen since January 29. Arhaus climbed nearly 3% after Jefferies upgraded the stock to buy from hold.
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