All right, speaking of good for consumers and good for Hollywood and winners do have to pick a winner in the in the bidding war here for Warner Brothers Discovery. Who do you think it's going to be. And obviously you have a stake in this game because you're as a content creator, right, with Candle.>> Yeah, we're content creators and I think that it's never good from a if you're a a creative uh and you do creative output in in Hollywood, it's not good to see the disappear, you know, the merging of buyers. In ...

Hello and welcome to Market Domination. I'm Josh Lipton live from our New York headquarters. There's just an hour to go into the closing bell and stocks are flat here with investors looking ahead of course to the Fed's final decision of the year on Wednesday.Let's welcome in now ENZ Fay joining us to break down all the headlines. Enz, what are you seeing in the markets. Yeah, a little action when it comes to the major averages.Little movement, I should say. If you're taking a look at the Dow, it's down 2/10 ...

Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalysts we're watching this hour. First up, we'll bring you the latest on Warner Brothers Discovery as Paramount goes head-to-head with Netflix with some big partners to help. Plus, Lululemon and Nike gear up to report their results.We'll preview what you need to know and we'll hone in on the state of consumer spending as many grapple with an affordability crisis in the so-called K-shaped e ...

Lucas did a really good job in explaining the differences in structure of the deals and also the different perspectives of each party, but I wondered if you'd help our audience understand what the difference is between a Netflix joined with Warner Brothers Discoveries streaming and studio business versus a Paramount Sky Dance taking the entire thing. What does that look like. >> You and Lucas have already done a great job, so I'll try to pitch in here.really WBD and Paramount more redundancies, more overlap ...

Lucas did a really good job in explaining the differences, in structuring of the deals and also the different perspectives of each party. But I wondered if you'd help our audience understand what the difference is between a Netflix joined with Warner Brothers Discovery's streaming and studio business versus a Paramount skydance taking the entire thing. What does that look like to you.Lucas have already done a great job, so I'll try to pitch in here. Really. WB and Paramount.More redundancies, more overlap. ...

Lucas did a really good job in explaining the differences, in structuring of the deals and also the different perspectives of each party. But I wondered if you'd help our audience understand what the difference is between a Netflix joined with Warner Brothers Discovery's streaming and studio business versus a Paramount skydance taking the entire thing. What does that look like to you.Lucas have already done a great job, so I'll try to pitch in here. Really. WB and Paramount.More redundancies, more overlap. ...

Netflix stocks is worth right it's in the within the collar it's worth at least 350 a share to the deal. I mean saying our cash versus theirs doesn't seem a fair comparison David. >> So so father respectfully I disagree.I mean look th those shareholders can basically go buy Netflix cash on the sorry Netflix stock on the open market if they want to and they're going to be sitting there with a linear stub that's valued at a dollar a share which is a business that's in secular decline that without the synergie ...

Group 1: Netflix and Warner Brothers Discovery Deal - Netflix has reached a $72 billion cash and stock deal to acquire Warner Brothers' movie and streaming assets, marking a significant strategic shift for the company [2][10][40] - The acquisition includes iconic franchises such as Harry Potter, Game of Thrones, and DC, allowing Netflix to strengthen its content library and keep these assets away from competitors like Paramount and Comcast [12][46] - This deal is seen as surprising, as analysts had previously given a higher probability of Paramount winning the bidding war [9][41] Group 2: Implications for the Streaming Industry - The acquisition is expected to widen the gap between Netflix and smaller streaming services, making it more challenging for them to compete effectively [47][58] - Regulatory scrutiny is anticipated, particularly regarding the streaming side of the deal, as Netflix becomes the largest player in the market [55][56] - Paramount is likely to continue pursuing its interests in Warner Brothers' assets, indicating that the competitive landscape may still evolve [16][56] Group 3: Apple Executive Departures - Apple is experiencing significant executive turnover, with key figures such as COO Jeff Williams and AI chief departing, raising questions about the company's future direction and succession plans [5][20][30] - Despite the management changes, Apple's stock has performed well, up about 12% this year, driven by strong iPhone sales [6][25] - The challenges in Apple's AI initiatives, particularly with Siri, have been highlighted as a concern, but the overall company health remains stable [21][29] Group 4: Economic Data and Market Reactions - Investors are awaiting the release of personal consumption expenditure (PCE) data, which is crucial for understanding inflation trends ahead of the Federal Reserve's rate decision [3][31] - The expected PCE data for September indicates a year-over-year increase of 2.8%, slightly down from 2.9% in August, which may not significantly alter the Fed's approach [32][34] - Wall Street anticipates that the Fed will lower rates next week, contributing to a positive outlook for stocks [4][34]

Market Overview - The Dow Jones Industrial Average increased by 600 points, or 1.2%, reaching a record high of 4792, while the Nasdaq composite faced pressure, primarily due to Nvidia's performance [7][4]. - The S&P 500 saw a modest gain, with 343 stocks advancing and only one sector, technology, declining by 0.75% [8][9]. Company Performances - Paramount Skydance's stock rose nearly 12.5% intraday, closing just under 10%, after announcing job cuts and cost-saving measures aimed at achieving $3 billion in savings [10][11]. - The RealReal's stock surged by 38% after reporting earnings and sales above estimates, along with an increased revenue guidance for the year [12]. - Instacart's stock increased by 5% due to better-than-expected order growth and a positive earnings outlook, indicating strong demand for grocery delivery services [13]. Decliners - Nvidia's shares fell by 3% after SoftBank sold its entire stake for $5.83 billion, raising concerns among investors about future returns from big tech investments [14][15]. - CoreWeave's stock dropped by 16.3% after the company lowered its annual revenue forecast due to delays in fulfilling a customer contract [16][17]. - Beyond Meat's shares decreased by 9.3% after the company missed revenue forecasts for the fourth quarter, projecting net revenue between $60 million and $65 million, below the consensus estimate of $70.1 million [17]. Labor Market Insights - Recent ADP data suggests a contraction in the labor market, with individual layoff notices from various companies indicating potential challenges ahead [5]. - Walgreens has cut pay for hourly workers and eliminated paid vacation time for major holidays, reflecting a shift in labor market dynamics and cost-cutting measures [18][19].

Group 1: SoftBank and NVIDIA - SoftBank sold its entire stake in NVIDIA for approximately $5.83 billion, indicating a need for capital to fund various projects [1][2] - The sale is not directly related to NVIDIA's performance but coincides with broader discussions about tech spending and returns [2][3] - This is not the first divestment by SoftBank; it previously sold shares in 2019 and began buying back in 2020, showing a fluctuating investment strategy [3] Group 2: Data Center Operators - Core, a data center operator, saw its shares decline by as much as 10% after lowering its annual revenue forecast due to delays in fulfilling customer contracts [5][6] - The company is closely partnered with NVIDIA and serves clients like OpenAI and Microsoft, highlighting its role in the growing demand for AI infrastructure [6][7] Group 3: Paramount Skydance - Paramount Skydance's shares increased by up to 5% following a report of new cost-saving measures, including a workforce reduction of 1,600 employees [8][9] - The company aims to achieve at least $3 billion in cost savings, with plans to invest $1.5 billion in Paramount Plus and expand its film slate to at least 15 movies per year starting in 2026 [9][10] - Despite forecasting $30 billion in revenue next year, Paramount Skydance is still considered subscale in the competitive media landscape [10] Group 4: Warner Brothers Discovery - Warner Brothers Discovery has rejected three bids from Paramount Skydance, which is significantly smaller in size, indicating the challenges in consolidating within the media industry [11][12]