Paramount Skydance (PSKY) Should Bid $34 For Warner Bros, Says Jim Cramer

Group 1 - Paramount Skydance Corporation (NASDAQ: PSKY) is actively pursuing an acquisition of Warner Bros. Discovery, with the bid price increasing from $19 to $22.50 per share [2] - Recent reports suggest that Warner Bros. Discovery may consider Paramount's offer if it is raised to $30, while Paramount is contemplating legal action against Warner's management board [2] - Jim Cramer has recommended that Paramount should increase its bid to $34 per share, arguing that this price would be competitive and likely to secure the acquisition [3] Group 2 - There is a belief that while PSKY has investment potential, other AI stocks may offer higher returns with lower risk, indicating a competitive landscape for investment opportunities [4]