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Guess Macro — Sunday, April 12, 2026

The five questions from Sunday, April 12, 2026, with their answers. This puzzle is no longer playable; today's game is on the home page, and the last seven days can still be played in the practice archive.

1 What American media conglomerate entered into a definitive agreement in July 2024 to merge with Skydance Media in a complex two step transaction valued at approximately 8 billion dollars to settle its mounting debt?

Answer: PARAMOUNT (9 letters)

2 What major European automaker officially listed on the Frankfurt Stock Exchange in September 2022 with a valuation of roughly 75 billion euros in one of the largest initial public offerings in continental history?

Answer: PORSCHE (7 letters)

3 What specific term describes a market where there is only one buyer for a particular product or service giving that buyer significant power over the prices set by multiple competing sellers?

Answer: MONOPSONY (9 letters)

A market with a single dominant buyer, mirroring monopoly on the selling side.

More on monopsony in the glossary

4 What four letter term refers to the period of time during which an investor is prohibited from selling their shares in a company following an initial public offering or a merger?

Answer: LOCKUP (6 letters)

A period after a listing during which insiders are contractually barred from selling their shares, commonly 90 to 180 days.

More on lockup in the glossary

5 Which American hedge fund manager earned approximately 4 billion dollars in 2020 by placing a massive credit hedge just as the global economy began to lock down due to the pandemic?

Answer: ACKMAN (6 letters)

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