We start off with the latest chapter in [music] the battle for Warner Brothers Discovery. WBD shares popping three and a half% today after Paramount Skyance beefed up its bid for the media giant. While the $30 a share cash offer stays the same, Larry Ellison, the father of Peace Sky CEO David Ellison, is stepping in, personally guaranteeing over $40 billion in equity financing.It comes almost a week after Warner advised it shareholders to reject Paramount's hostile bid, setting concerns over the Ellison fam ...

Do you think that the deal has to be sweetened. It can't just be about more for a breakup fee or good for the money in terms of Larry Ellison. >> Yeah, you know, it's a very clear picture of who's got the leverage here.Clearly WBD has suitors and David Zastaslav can just sit and fold his arms and say, "Look, you're not talking in my good ear yet, Paramount." And it's a it's not a dumb way to try to drive their offer up even higher. And that wouldn't surprise me. >> What do you think could be the quibbling a ...

Do you think that the deal has to be sweetened. It can't just be about more for a breakup fee or good for the money in terms of Larry Ellison. >> Yeah, you know, it's a very clear picture of who's got the leverage here.Clearly WBD has suitors and David Zastaslav can just sit and fold his arms and say, "Look, you're not talking in my good ear yet, Paramount." And it's a it's not a dumb way to try to drive their offer up even higher. And that wouldn't surprise me. >> What do you think could be the quibbling a ...

Do you think that the deal has to be sweetened. It can't just be about more for a breakup fee or good for the money in terms of Larry Ellison. >> Yeah, you know, it's a very clear picture of who's got the leverage here.Clearly WBD has suitors and David Zastaslav can just sit and fold his arms and say, "Look, you're not talking in my good ear yet, Paramount." And it's a it's not a dumb way to try to drive their offer up even higher. And that wouldn't surprise me. >> What do you think could be the quibbling a ...

I think for the near-term and near-term in this context, May being 2026, I think we should expect more M&A. And one of the reasons why I say that is because on one hand, you're seeing reasonably strong equity markets and some stability in rates. And, you know, you look at Treasury volatility, that's much lower.Rates may not be as low as some would like, but the rate volatility is lower. It sets a better platform. But I think the other sort of overarching theme here is that, you know, we have this k-shaped e ...

Paramount Sky dance. It sweetened its offer for Warner Brothers. Today, Larry Ellison agreeing to personally guarantee $48 billion in equity financing for the proposed $108 billion takeover offer for Warner Brothers.So let's bring in Bloomberg Attack co-host Caroline Hyde now for more on this story. So, Caroline, this is getting really interesting. What I'm curious about is how long can this continue on given that shareholders aren't voting until the middle of next year.I mean, this is such a Hollywood dram ...

Market Overview - Stocks are expected to open higher as the holiday-shortened trading week begins, following a volatile week where the S&P 500 recorded its third winning week in four [1] - There is uncertainty regarding the occurrence of a "Santa Claus Rally" due to the New York Stock Exchange closing early on Wednesday and entirely on Thursday for Christmas [1] Gold Market - Gold prices have reached a record high, increasing approximately 70% since the beginning of 2025, positioning gold as a more favorable wealth source compared to bitcoin [2] Nvidia - Nvidia shares increased by 2% after reports indicated the company aims to start shipping its H200 chips to China before mid-February, suggesting a potential recovery for the stock [3] OpenAI Funding - OpenAI is in discussions to raise $100 billion at an $830 billion valuation, up from a previously targeted $500 billion valuation within a week, which will support Oracle's data center buildout to compete with Google's AI model [4] GE Vernova - Jefferies raised its price target for GE Vernova to $830 from $815 while maintaining a buy rating, reflecting updated valuations that account for share repurchases through 2028, highlighting its role in the data center sector [5] Paramount's Acquisition Attempt - Paramount Skydance secured backing from billionaire Larry Ellison in its hostile bid to acquire Warner Bros. Discovery, following Netflix's agreement to purchase WBD's studio and streaming assets [6] Clearwater Analytics - Clearwater Analytics received an $8.5 billion acquisition offer from a group led by Permira and Warburg Pincus, with mixed analyst reactions regarding the likelihood of competing bids [7] E.l.f. Beauty - Piper Sandler reduced E.l.f. Beauty's price target to $85 from $100 while maintaining a hold rating, citing slower market share gains compared to competitors, though the new target still suggests nearly 6% upside from the previous close [8] Financial Services Sector - Morgan Stanley increased price targets for several financial services companies, including Intercontinental Exchange to $174 from $169, Charles Schwab to $148 from $139, and Robinhood to $147 from $146, driven by strong industry transactions and raised earnings estimates [9] Rocket Lab - Rocket Lab achieved a successful launch, marking its 21st perfect launch, prompting Stifel to raise its price target to $85 from $75 while maintaining a buy rating, supported by a contract worth up to $850 million from the Space Development Agency [10]

Core Viewpoint - Larry Ellison has provided a personal guarantee of over $40 billion for Paramount Skydance's attempt to gain control of Warner Bros Discovery (WBD) amid a corporate battle over the entertainment giant [1][2] Group 1: Corporate Actions - WBD has urged its shareholders to reject a $108.4 billion hostile takeover bid from Paramount, which is controlled by the Ellisons [1] - WBD has agreed to sell its movie studios, HBO cable network, and streaming service to Netflix for $82.7 billion [1] - Paramount has claimed that its bid for the entire company, which includes CNN, Cartoon Network, and the Discovery channel, is superior to Netflix's offer [3] Group 2: Financial Commitments - Larry Ellison has agreed to personally backstop $40.4 billion in equity financing for Paramount's proposed deal [2] - Paramount's offer of $30 per share is fully financed and is presented as the superior option for maximizing value for WBD shareholders [4] Group 3: Strategic Positioning - Paramount aims to address WBD's need for financial flexibility and has denied that the Netflix offer is superior [3] - David Ellison stated that Paramount's acquisition would enhance content production, theatrical output, and consumer choice, benefiting all WBD stakeholders [5]

We do have some breaking news uh that we need to tell you about. Uh literally crossing the tape as we speak. Paramount Skyance amending its $30 per share allcash offer for Warner Brothers Discovery in response to WBD's concerns about the bid.Paramount still offering to buy 100% of the outstanding shares of WBD and assume all the assets and liabilities. The per share offer price is not changing. It does not appear to be.But Paramont says in response to a Warner Brothers filing and comments made by WBD's prin ...

Core Insights - Adeia Inc. has entered into a long-term agreement with The Walt Disney Company for access to its comprehensive media intellectual property portfolio, resolving all outstanding litigation between the two companies [1][2] - The agreement includes a long-term license covering all of Disney's products and services that were the subject of the litigation, highlighting Adeia's foundational role in next-generation media delivery [1][2] - This partnership reflects Adeia's commitment to enabling cutting-edge media experiences and validates the significance of its technology in connected entertainment [2] Company Overview - Adeia Inc. is recognized for developing foundational innovations that enable next-generation solutions for the semiconductor and media industries [4] - The company invents and licenses foundational technologies that shape the future of digital entertainment, electronics, and high-performance computing [4] - Adeia's extensive media IP portfolio covers key technologies in media streaming and content delivery, attracting leading global brands [3]