Stock Market News·2026-02-27 02:38Media Consolidation - Paramount Global (PARA) is set to acquire Warner Bros. Discovery (WBD) for $111 billion after Netflix (NFLX) withdrew its competing bid, citing a lack of financial attractiveness at the current price [10] - The merger is one of the largest media deals in history, but it faces regulatory scrutiny from California's Department of Justice, which is investigating to ensure it does not harm competition or consumers [3][10] Hyundai's Investment in AI and Robotics - Hyundai Motor Group (HYMTF) announced a significant investment of 6.2 trillion won (approximately $4.3 billion) to build an AI-focused data center and a dedicated robot factory in South Korea, with completion expected by the end of 2029 [4][10] - The data center will support the company's autonomous driving and smart manufacturing initiatives, aiming to establish a dominant position in the global robotics value chain [5] Japanese Market Performance - Japan's TOPIX index reached an all-time high, driven by investor optimism and robust corporate earnings, reinforcing the "Japan is Back" narrative [6][10] - The yield on 20-year Japanese Government Bonds (JGBs) fell by 3 basis points to 2.935%, indicating a cautious approach from investors amid record equity performance [7][10] Pentagon's AI Negotiations - The U.S. Pentagon is in negotiations with Google (GOOGL) and OpenAI to establish limits on the use of AI in military applications, with employees advocating for strict boundaries against autonomous warfare [8][9] - Anthropic has reportedly declined to agree to certain military terms proposed by the Department of Defense, highlighting tensions between technological advancement and ethical considerations in national security [9]