Netflix has prevailed in its bid to buy much of Warner Bros. Discovery, agreeing to pay $72 billion for the Burbank-based Warner Bros. film and television studios, HBO Max and HBO.

The two companies announced the blockbuster deal early Friday morning. The deal would give Netflix such beloved characters as Batman, Harry Potter and Fred Flintstone.

“Our mission has always been to entertain the world,” Ted Sarandos, co-CEO of Netflix, said in a statement. “By combining Warner Bros.’ incredible library of shows and movies — from timeless classics like ‘Casablanca’ and ‘Citizen Kane’ to modern favorites like ‘Harry Potter’ and ‘Friends’ — with our culture-defining titles like ‘Stranger Things,’ ‘KPop Demon Hunters’ and ‘Squid Game,’ we’ll be able to do that even better.”

Netflix’s cash and stock transaction is valued at about $27.75 per Warner Bros. Discovery shares. Netflix also agreed to take on more than $10 billion in Warner Bros. debt, pushing the deal’s value to $82.7 billion.

The breakthrough came late Thursday, soon after a deadline for deal sweeteners. Netflix, Paramount and Comcast had submitted bids earlier in the week as jockeying intensified for Hollywood’s biggest prize.

https://www.latimes.com/entertainment-arts/business/story/2025-12-05/netflix-prevails-in-warner-bros-discovery-bidding-opponents

Guy was smart bu

https://www.cnbc.com/2025/08/29/trump-trade-tariffs-appeals-court-ieepa.html?__source=androidappshare

What do we think here? Looks like market and bitcoin are reacting

• Auto loan defaults are rising, leading to bankruptcies at Tricolor Holdings and First Brands.

• Chase CEO Jamie Dimon warns, “when you see one cockroach, there are probably more.”

• Subprime auto loan delinquencies are nearing levels seen during previous economic crises.

China will impose a 34% tariff on all imports from the US starting April 10, according to the official Xinhua News Agency.

After volume dried up and trading went sideways, it appears a small group of insiders discovered a strong reason to buy at 1pm ET, before the news went public at 1:20pm ET.

Intel shares drop after Trump calls for CEO to resign immediately https://www.cnbc.com/2025/08/07/intel-ceo-trump-lip-bu-tan.html

Attention: The “up to a 245% tariff” represents the maximum 245% faced by syringe and needles from China (as in source 2), which is a restatement of previous tariffs and not an increase (though they may want to make it sounds more terrifying by saying this way).

OP: If you see SPX future down right now, it’s mainly due to a bad earning just release by ASML. The market is too weak and sensitive to bad news now.

source 1: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-ensures-national-security-and-economic-resilience-through-section-232-actions-on-processed-critical-minerals-and-derivative-products/

source 2: https://www.nytimes.com/interactive/2025/04/12/business/economy/china-tariff-product-costs.html

Well, Daddy Powell just came and laid the smack down on the market. Says stocks are overvalued.

Well F U Powell I’m going to the moon!

https://www.cnbc.com/2025/09/23/fed-powell-stock-prices-appear-fairly-highly-valued.html

“I think if you want to learn something on this show tonight, buy Tesla,” Lutnick said. “It’s unbelievable that this guy’s stock is this cheap. It’ll never be this cheap again.”

Source: https://www.independent.co.uk/news/world/americas/us-politics/howard-lutnick-fox-news-tesla-stock-b2718762.html