The Wrap-Up for Monday, December 8

Mergers and Acquisitions - Netflix's planned $83 billion deal for Warner Brothers faces potential regulatory scrutiny, with the President planning direct involvement in the approval process [1][2] - IBM is reportedly in advanced talks to acquire Confluent for approximately $11 billion, a premium over Confluent's market cap of $8 billion on Friday [4] - Microsoft is reportedly in discussions to shift its custom chip business from Marvell to Broadcom [5] Regulatory and Policy - President Trump expresses concerns about Netflix's deal for Warner Brothers due to market share considerations [1][2] - The Department of Justice and the FTC are ordered to investigate the US food supply chain for potential price fixing and anti-competitive practices [3] - A $12 billion farm aid package is expected to be unveiled, including up to $11 billion in one-time payments [4] Market Indices - Carvana CR and Comfort Systems USA will be added to the S&P 500, effective December 22nd [5]