Paramount's Merger Approval and Corporate Strategy Changes

On this episode of Stock Movers:
- Charter Comms (CHTR) shares fall after the company reported it lost more Internet customers than expected during the second quarter amid increased pressure from mobile companies’ 5G and fiber home internet offerings.
- Estee Lauder (EL) shares rise after JPMorgan upgraded the cosmetics company to overweight from neutral.
- Paramount (PARA) shares gain after the Federal Communications Commission approved Paramount Global's merger with Skydance Media after the Trump administration extracted concessions on the news and entertainment company's political coverage and diversity practices.

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