Paramount Skydance was awarded the rights to air most Champions League games in the U.K. and Germany, and also has U.S. media rights for the competition. ...

Economic Developments - Japan's government approved a JPY 21.3 trillion ($135.5 billion) economic stimulus package, marking the largest since the COVID pandemic, with JPY 17.7 trillion in new spending [28][53] - Japan's inflation rate increased to 3% in October, aligning with market expectations, and has remained above the Bank of Japan's 2% target for 43 consecutive months [52][54] - The U.K. government is facing a borrowing overshoot in October, leading to plans for tax increases and spending cuts in the upcoming budget [5] Currency and Trade - The Indian rupee fell to a record low against the dollar amid uncertainty regarding a potential U.S. trade deal [3] - The U.S. is considering lifting tariffs on EU goods, including beef and other foods, to help maintain affordable grocery prices [4] - Trump's administration lifted a 40% tariff on certain Brazilian agricultural products, including coffee and beef, to help reduce domestic food prices [6] Corporate News - Netflix, Comcast, and Paramount Skydance submitted bids for Warner Bros. Discovery by the November 20 deadline [5] - OpenAI is partnering with Hon Hai to design and manufacture hardware for data centers, with Hon Hai planning to invest up to $5 billion in U.S. manufacturing [5] - AnaptysBio shares fell 15% after GSK initiated litigation against the company [4] Market Performance - The S&P 500 experienced its sharpest intraday reversal since April, with a decline of 1.56% after initially rising [42][50] - Bitcoin is on track for its worst monthly performance since the June 2022 crypto crash, down 35% from its October highs [10][43] - Gap Inc. shares rose 4.5% after reporting stronger-than-expected sales, indicating effective marketing strategies [11] Central Bank Insights - The Fed's Anna Paulson expressed caution ahead of the December meeting, indicating that each rate cut raises the bar for the next [7][13] - JPMorgan and Morgan Stanley's economists no longer expect a rate cut in December, citing a rebound in payrolls [13][27] - The Congressional Budget Office revised its estimate of Trump's tariffs' impact on deficits to approximately $3 trillion over the next 10 years, down from $4 trillion [9]

French media group Canal+ SA is gearing up for its debut euro bond sale and will start talking investors ahead of the deal next week https://t.co/BWgASHrQcQ ...

根据浙江法院网公开信息，特斯拉（上海）有限公司与杭州无忧传媒有限公司新增一则开庭公告，原告 为特斯拉公司，案由为合同纠纷，该案定于11月24日在杭州市萧山区人民法院开庭审理。 无忧传媒相关负责人今日对新浪科技表示，根据双方的和解协议，他们已于11月17日向特斯拉退付相关 款项7761元。而特斯拉一方也已在收到款项的2个工作日内，向法院递交了撤诉申请。但由于法院流 程，该案件将于11月24日开庭审理的公告还显示在浙江法院网的公开信息栏里。 特斯拉客户支持11月20日发文回应此事，表示曾三次向对方在订购协议上预留的电子邮箱发送催款邮 件，并多次拨打对方登记的电话号码尝试联系，但对方在得知来意后直接挂断。最终特斯拉在联络无果 后启动了诉讼流程，目前经过法院调解圆满解决。 责任编辑：王翔 无忧传媒方面表示，此次纠纷与购车补贴政策有关，目前双方已达成和解，特斯拉也提交了撤诉申请。 ...

Core Viewpoint - Tesla has initiated legal action against Wuyou Media due to a contract dispute, which has garnered significant attention in the media [1][2] Group 1: Tesla's Actions - Tesla emphasized that it does not disturb customers without reason, stating that it attempted to contact Wuyou Media multiple times via email and phone regarding payment issues [1] - The company sent reminder emails on July 9, July 29, and September 4, 2024, and made phone calls on July 18, July 25, and April 15, 2025, but received no response [1] - After unsuccessful attempts to resolve the matter, Tesla proceeded with legal action, which has since been resolved through court mediation [1] Group 2: Wuyou Media's Response - Wuyou Media claimed that the lawsuit stemmed from Tesla's demand for the return of 7,761 yuan in new energy subsidies, citing that the vehicle's mileage did not reach 20,000 kilometers within two years of purchase [2] - The company stated that it had already refunded the payment and reached a settlement [2] - Wuyou Media also mentioned that Tesla did not communicate with them at the company level before filing the lawsuit [2]

Core Points - Tesla's customer support announced the initiation of a lawsuit against Wuyou Media after unsuccessful attempts to contact them regarding payment issues, which has now been resolved through court mediation [1] - The lawsuit was related to a contract dispute, with Tesla claiming that Wuyou Media failed to meet agreed mileage requirements to qualify for a vehicle purchase subsidy [3] - Wuyou Media has confirmed that a settlement has been reached, and Tesla has submitted a request to withdraw the lawsuit [3] Group 1 - Tesla made multiple attempts to contact Wuyou Media via email and phone regarding payment, but these efforts were unsuccessful, leading to the lawsuit [1] - The court hearing for the contract dispute is scheduled for November 24 at the Xiaoshan District People's Court in Hangzhou [3] - The dispute arose from Wuyou Media's failure to fulfill mileage requirements tied to a vehicle purchase subsidy [3]

Bidding Activity - Netflix, Comcast, and Paramount submitted bids for Warner Bros [1] Source - The New York Times reported the bidding information, citing four sources [1]

Joining me now is Jim Stewart, columnist at the New York Times and a CNBC contributor. Jim, it's good to see you today. >> Yeah, nice to see you.>> Who's the front runner. >> Well, I have to say it's it's Paramount Sky Dance, you know, by a fairly long length at this point. They clearly had the most compelling argument.You know, I think we have to keep in mind with streaming, it's all about scale. You want as many subscribers as you can get because the marginal cost of a new subscriber is basically zero. So ...

Market Performance - On November 20, 2025, initial market optimism was driven by Nvidia's strong earnings, with Dow futures up 0.5%, S&P 500 futures up 1.1%, and Nasdaq 100 futures up 1.5% before a decline set in, resulting in a 0.9% drop for Nasdaq and a 0.7% drop for S&P 500 [2] - The Dow Jones Industrial Average lost a significant 700-point gain, reflecting underlying uncertainty in the market [2] Tariff Policies - President Trump's tariffs have been a central aspect of his economic strategy, with a notable event being "Liberation Day" on April 2, 2025, which led to a global stock market crash and a decline in the manufacturing sector [3] - Despite the negative impact on jobs, the U.S. trade deficit decreased by nearly 24% in August 2025, narrowing to $59.6 billion due to the tariffs [3] - The administration proposed $2,000 "tariff rebate checks" for Americans, although this would require Congressional approval, highlighting the complexities of tariff revenue allocation [3] Semiconductor Tariffs - Trump has threatened significant tariffs on China and BRICS nations, but there are indications that the implementation of 100% semiconductor tariffs may be delayed to avoid escalating trade tensions and increasing consumer prices [4] - The White House has also opposed the GAIN AI Act, which would restrict sales of advanced AI chips to China, while providing tariff exemptions for the AI sector, indicating a selective approach to tariffs [4] Federal Reserve Relations - The Federal Reserve has faced pressure from Trump, who has publicly criticized Fed Chair Jerome Powell and threatened to dismiss him, causing market volatility [6][7] - Trump's tariffs have reportedly increased inflation expectations, complicating the Fed's monetary policy decisions and leading to a cautious approach to rate cuts [8] Social Security Adjustments - The Trump administration reversed plans to limit Social Security benefits, while the full retirement age is set to shift to 67 in 2026, impacting future retirees [10] - Social Security benefits are expected to increase by 2.8% in 2026, but this is seen as insufficient given rising Medicare premiums [10] International Investments - New agreements with Saudi Arabia were announced, with Crown Prince Mohammed bin Salman pledging up to $1 trillion in investments focused on AI data centers and advanced technology [11] - Despite the positive outlook from these agreements, an analysis suggested that such investments merely offset the economic uncertainty caused by Trump's tariff policies [11] Overall Market Sentiment - The market has adapted to the unpredictability of Trump's policies, often reacting sharply to concrete policy changes while seemingly ignoring inflammatory rhetoric [12] - The ongoing AI boom is providing a narrow foundation for market stability, as investors navigate the complexities of the current economic landscape [12]

Core Viewpoint - Trade Desk Inc. (NASDAQ:TTD) has experienced a significant decline in stock price over the past year, raising questions about its valuation despite current performance [1]. Group 1: Stock Performance - The current stock price of Trade Desk Inc. is $40.49, reflecting a 0.74% increase in the current market session [1]. - Over the past month, the stock has fallen by 25.20%, and over the past year, it has decreased by 68.78% [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for assessing a company's market performance, comparing the current share price to the company's earnings per share (EPS) [4]. - Trade Desk Inc. has a P/E ratio of 45.67, which is lower than the aggregate P/E ratio of 81.83 in the Media industry, suggesting that the stock may be undervalued or expected to perform worse than industry peers [5]. - A lower P/E ratio can indicate undervaluation but may also imply that shareholders do not anticipate future growth [9]. Group 3: Investment Considerations - The P/E ratio should not be used in isolation; it is essential to consider other financial metrics and qualitative factors, such as industry trends and business cycles, for informed investment decisions [9].