Paramount Global, Tesla and Philips rise premarket; First Foundation falls
) stock rose 12% after Reuters reported that Shari Redstone's National Amusements has agreed to a preliminary deal to sell a controlling stake in the movie studio to David Ellison's Skydance Media.) stock fell 0.5% following reports the iPhone maker is set to take an observer role on the board of ChatGPT-maker and artificial intelligence-darling OpenAI.
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