【宏观消息】 特朗普签署拨款法案 结束政府部分"停摆"。当地时间2月3日，美国总统特朗普在白宫椭圆形办公室签 署政府拨款法案，结束政府部分"停摆"。当天稍早前，美国国会众议院投票通过联邦政府多个部门本财 年剩余时间拨款法案，从1月31日开始的联邦政府部分"停摆"僵局得以化解。该法案将为联邦政府多个 部门提供资金至9月30日、即本财年结束之时，并为近期因移民执法行动引发争议和抗议的国土安全部 提供两周的资金，以便各方继续就改进该部门运作进行谈判。 【个股消息】 智通财经APP获悉，周二，三大指数收跌，纳指几乎完全回吐今年以来的涨幅。比特币一度跌破7.3万 美元关口，以太坊一度跌至2100美元附近。美政府部分停摆将使1月就业报告将无法如期在本周五公 布。 【美股】截至收盘，道指跌166.67点，跌幅为0.34%，报49240.99点；纳指跌336.92点，跌幅为1.43%， 报23255.19点；标普500指数跌58.63点，跌幅为0.84%，报6917.81点。英伟达(NVDA.US)跌2.8%， Paypal(PYPL.US)跌20.3%，甲骨文(ORCL.US)跌超3%，微软(MSFT.US)跌近3%。纳斯 ...

Core Viewpoint - The congressional hearing focused on Netflix's acquisition of Warner Bros Discovery, raising concerns about competition, job impacts, and content ideology. Group 1: Acquisition Details - Netflix's acquisition of Warner Bros Discovery is valued at $82.7 billion and is an all-cash transaction [6] - The merger aims to create more economic growth and provide consumers with more content for less [6] - Sarandos emphasized that the Warner Bros studio will operate largely as it currently does, indicating no immediate layoffs [3] Group 2: Competition Concerns - The Senate subcommittee raised concerns that the merger could entrench Netflix's dominance by eliminating competition from HBO Max [5] - Sarandos acknowledged that most media mergers have historically resulted in job losses but claimed this merger would be different due to the need for existing employees [4] - Anti-monopoly groups have expressed that the acquisition presents significant competition concerns that regulators will scrutinize [10] Group 3: Content Ideology and Political Pressure - Sarandos faced questions regarding the perceived "wokeness" of Netflix's content, particularly in children's programming, which some senators criticized [3] - He defended Netflix's programming as having no political agenda and catering to a wide variety of tastes [4] - Concerns were raised about Netflix employees' political donations and the company's promotion of diversity, equity, and inclusion (DEI) initiatives [3] Group 4: Regulatory Review - The review process for the merger will involve the Department of Justice and the Federal Trade Commission, with potential lawsuits from state attorneys general [11] - There are doubts about the fairness of the review process under the current administration, as expressed by Senator Booker [11] - Sarandos expressed confidence that the review will be conducted based on the merits of the case [11]

Ted Sarandos, What can we expect today. I think it's 2:30 p. m.local time when he is going to be in Washington. I think it'll be really interesting to watch this hearing. There are a couple of different topics that could come out.The first is this merger and how it will play out in light of overall questions around mergers and acquisitions more generally. We certainly have seen increased scrutiny, particularly in the tech sector and a concerning shift at times away from that focus on consumers. But also bec ...

Group 1 - Netflix co-CEO Ted Sarandos will testify before a Senate panel regarding the proposed $72 billion acquisition of Warner Bros. Discovery and its impact on competition in the streaming industry [1][2] - The hearing will allow lawmakers to question the executives about the merger's effects on competition among streaming platforms, as well as implications for workers and consumers [3] - If the acquisition is successful, Netflix would gain access to Warner Bros. Discovery's film and television studios, HBO Max, and a significant content library including "Game of Thrones" and "Harry Potter" [4] Group 2 - The deal is currently under review by the Department of Justice, with Senator Mike Lee expressing concerns about Netflix's intentions and the potential for a lengthy antitrust review [7] - Paramount Skydance has made a hostile bid for Warner Bros. Discovery after its board rejected Paramount's offer in favor of Netflix's [9][13] - Netflix's revised bid is an all-cash offer priced at $27.75 per share, valuing the deal at $72 billion, while Paramount's offer has an enterprise value of $108 billion [15][16] Group 3 - Netflix has highlighted that YouTube has a larger share of viewing time in U.S. households compared to other streaming services, indicating competitive pressures in the market [10] - Warner Bros. Discovery's board unanimously rejected Paramount's tender offer, stating that Netflix's deal provides superior value and less risk for shareholders [9][13]

Group 1 - Netflix is attempting to acquire Warner Bros. Discovery, while Paramount Skydance is pursuing a hostile takeover of the same company [1][2] - Shareholders of Warner Bros. Discovery are currently favoring the Netflix deal, but there is significant uncertainty regarding the outcome [2] - Antitrust concerns are a major hurdle for the Netflix acquisition, as regulators may block the deal due to potential competition issues in the streaming market [3] Group 2 - Netflix has approximately 325 million subscribers, and acquiring Warner Bros. would add HBO Max's 128 million subscribers, potentially increasing its market dominance [3] - The acquisition is valued at $83 billion, raising questions about its financial viability and impact on Netflix's bottom line [4] - Netflix's stock is near its 52-week low, and if the acquisition fails, it could lead to a rebound in share prices as investor confidence may be restored [5]

奈飞联席首席执行官泰德・萨兰多斯于周二出席美国参议院听证会，就公司拟以 827 亿美元收购华纳兄 弟探索公司的交易接受质询，听证会核心聚焦该交易对流媒体娱乐行业竞争格局的影响。 美国参议员迈克・李将主持此次听证会，萨兰多斯与华纳兄弟首席战略官布鲁斯・坎贝尔预计将出席作 证。尽管参议院本身无权禁止这宗交易，但此次听证会让议员得以要求奈飞详细说明，该交易会对消费 者、行业从业者及竞争对手产生何种影响。 美国司法部正对这宗交易展开审查，与此同时，派拉蒙 - 天舞传媒也向华纳兄弟提出了竞争性的敌意收 购要约。 奈飞与派拉蒙 - 天舞传媒均对华纳兄弟虎视眈眈，究其原因，是华纳兄弟拥有业内头部的影视制作工作 室、规模庞大的内容库，以及《权力的游戏》《哈利・波特》和 DC 漫画旗下蝙蝠侠、超人等超级英雄 IP 在内的重磅经典 IP 矩阵。 派拉蒙方面称，其收购方案在监管审批环节将更易通过。但华纳兄弟已多次拒绝派拉蒙的收购提议，派 拉蒙为筹融资完成该交易，将背负巨额债务。 派拉蒙首席执行官为戴维・埃里森，其父亲是甲骨文公司联合创始人、亿万富翁拉里・埃里森，而拉 里・埃里森与美国总统唐纳德・特朗普交情深厚。 来自犹他州的共和党 ...

Core Viewpoint - Netflix's proposed acquisition of Warner Bros Discovery for $82.7 billion is under scrutiny in a U.S. Senate hearing, focusing on its potential impact on the industry [1] Group 1 - The acquisition is valued at $82.7 billion, indicating Netflix's aggressive expansion strategy in the media sector [1] - Ted Sarandos, Co-CEO of Netflix, is expected to address concerns regarding the implications of this merger on competition and consumer choice in the streaming market [1] - The hearing reflects increasing regulatory scrutiny over large media mergers, highlighting the evolving landscape of the entertainment industry [1]

Core Viewpoint - The CFO of Disney stated that if Netflix acquires Warner Bros. Discovery, its scale would become "extremely large" [1] Group 1 - Disney's CFO comments on the potential acquisition of Warner Bros. Discovery by Netflix [1]

Core Viewpoint - The upcoming shareholder vote regarding Warner Brothers Discovery is critical for Paramount's strategy to challenge the Netflix deal, with the vote expected to occur in early March [1][2]. Group 1: Shareholder Vote Timeline - A new amended proxy was filed, indicating a quickening timeline for the shareholder vote [1]. - The final proxy could be filed as soon as next week, leading to a potential vote in the second week of March [2]. Group 2: Paramount's Position - Paramount and its investors, including the Ellison family and Redbird, are considering whether to increase their current bid of $30 billion for Warner Brothers Discovery or proceed with the vote as is [3]. - There is hope that regulatory compliance will be certified before the vote, which would provide a positive signal regarding antitrust approval in the U.S. [4]. Group 3: Bid Dynamics - Paramount has made over seven bids so far, and there is uncertainty about whether they will make another offer [5]. - The break fee of $2.8 billion needs to be clarified to provide more transparency in the bidding process [5]. Group 4: Urgency for Action - Paramount must act quickly to determine its next steps regarding the bid, as delays could lead Warner Brothers shareholders to favor the Netflix deal [7].

Core Viewpoint - Warner Bros. Discovery is likely to hold a shareholder vote in March regarding the $82.7 billion deal to sell its streaming and production assets to Netflix [1] Group 1 - The potential sale involves a significant transaction valued at $82.7 billion [1] - Warner Bros. Discovery has not provided an immediate comment on the matter [1]