The Wrap-Up for Wednesday November 26

Group 1 - Bill Aman is targeting a $5 billion IPO for his closed-end fund, aiming to raise $2 billion from institutional investors [1] - The IPO of the fund will coincide with a separate IPO of Pershing Square Capital Management [1] - Elon Musk announced that Tesla's robot taxi fleet in Austin, Texas will double next month [1] Group 2 - OpenAI projects that by the end of the decade, at least 220 million of Chat GPT's weekly users will pay for a subscription, equating to about 8% of all users [2] - This positions Chat GPT as one of the world's largest subscription services [2] Group 3 - Paramount Sky Dance is reviving the Rush Hour movie franchise nearly two decades after the last film, following interest from President Trump [3] - Paramount has secured funding for Rush Hour 4 and struck a distribution deal with Warner Brothers Discovery [3] - Warner Brothers Discovery is also seeking a second round takeover bid by this Monday [4] Group 4 - First round offers for Warner Brothers Discovery were submitted last week from Paramount Sky Dance, Netflix, and Comcast [4]