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S&P 500 Gains and Losses Today: UFC Parent TKO Soars, Intel Stock Rises; Hershey Drops

1. TKO Holdings shares surged over 10% after UFC broadcasting deal announcement. 2. Paramount Skydance acquired UFC rights worth $7.7 billion for seven years. 3. S&P 500 fell 0.3% as inflation report impacts market sentiment. 4. Trade policy concerns persist with Trump extending tariff deadline by 90 days. 5. Other stocks like Hershey saw declines amidst rising cocoa prices.

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FAQ

Why Very Bullish?

The $7.7 billion broadcasting deal significantly enhances TKO's revenue potential, similar to previous rights acquisitions in sports impacting stock prices positively.

How important is it?

The primary focus on the UFC broadcasting deal directly correlates with TKO's future earnings and market positioning, making this highly impactful for TKO's valuation.

Why Long Term?

The seven-year exclusivity of the broadcasting rights ensures sustained revenue growth and visibility for TKO, akin to the long-term benefits seen in other media rights agreements.

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