Communications-services companies fell, but not by as much as the broad market, amid anticipation of more deals.
Shares of Warner Bros Discovery rose sharply as analysts embraced its plans to split into two companies, isolating its fast-growing streaming units.
Walt Disney and Universal, the studios behind "Frozen" and the Minions, have come together to fight AI company Midjourney, alleging it's stealing their intellectual property.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
06-11-25 1753ET