Warner Bros, Paramount rise as Larry Ellison gives $40.4 billion personal guarantee

Shares of Warner Bros Discovery WBD.O and Paramount Skydance PSKY.O rise

WBD shares rise 3.6% to 28.77; PSKY shares rise 4.4% to $13.63

Shares of Netflix NFLX.O fall ~1% to $93.47

Larry Ellison gives $40.4 billion personal guarantee of equity financing for PSKY's offer to acquire WBD

No change to PSKY's $30-per-share all-cash offer for WBD

Oracle ORCL.N gains 1.8% to $195.90

Up to last close, WBD has more than doubled this year, PSKY has risen 24.8% this year, NFLX has risen 5.9% this year; ORCL has gained 17.7%