Paramount Skydance Corporation

Warner Bros. Discovery, Inc.

Paramount Skydance has signed a deal to buy Warner Bros. Discovery for $110 billion, according to an audio recording of a meeting of WBD employees, which was <a href="https://www.reuters.com/sustainability/sustainable-finance-reporting/warner-bros-signs-110-billion-deal-with-paramount-its-executive-discloses-2026-02-27/">reviewed by </a>Reuters. The deal comes after Netflix <a href="https://oninvest.com/article/netflix-otkazalsa-ot-bor-by-za-warner-bros-discovery-on-resil-ne-povysat-stavku">dropped its </a>claim to Warner Bros. assets the day before, on Feb. 26. The streaming giant did not raise the bid after months of struggle.

Paramount Skydance to buy Warner Bros. Discovery for $110 billion - Reuters

Netflix, Inc.

Quotes of streaming service Netflix jumped 11% in extended trading on Thursday, February 26, after it became known that it <a href="https://www.advanced-television.com/2026/02/26/wbd-paramount-skydance-proposal-superior/">refused to</a> buy the assets of Warner Bros. Discovery (WBD), which it had been <a href="https://oninvest.com/article/sdelka-na-72-mlrd-netflix-pokupaet-cast-biznesa-warner-bros-discovery">vying </a>for since December. Earlier in the day, WBD's board of directors <a href="https://www.cnbc.com/2026/02/26/warner-bros-discovery-paramount-skydance-deal-superior-netflix.html">deemed</a> Paramount Skydance's new, improved offer more favorable, CNBC <a href="https://www.cnbc.com/2026/02/26/warner-bros-discovery-paramount-skydance-deal-superior-netflix.html">explains</a>.

Netflix has given up the fight for Warner Bros. Discovery. It decided not to raise the bid

NVIDIA Corporation

Salesforce, Inc.

IonQ, Inc.

Nutanix, Inc.

Synopsys, Inc.

Advanced Micro Devices, Inc.

The Trade Desk, Inc.

Thomson Reuters Corporation

United Therapeutics Corporation

Circle Internet Group

Clear Secure, Inc.

Jazz Pharmaceuticals plc

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

New York morning: markets assess Nvidia report and look for new drivers

Paramount's quarterly loss jumped 2.5 times amid falling revenue from TV networks

Revenue at Paramount's only profitable business has plummeted. Will its purchase by Warner save it?

Berkshire Hathaway Inc.

The growing tensions between the United States and Iran and the consequences of the U.S. Supreme Court's reversal of President Donald Trump's global duties will remain the focus of investors' attention this week, <a href="https://www.wsj.com/economy/week-ahead-for-fx-bonds-u-s-iran-tensions-u-s-data-in-focus-cb8d772f?mod=central-banking_news_article_pos4#:~:text=Growing%20tensions%20between%20the%20U.S.%20and%20Iran%20will%20continue%20to%20be%20a%20major%20focus%20for%20investors%20in%20the%20week%2C%20as%20will%20be%20the%20impact%20of%20the%20U.S.%20Supreme%20Court%E2%80%99s%20decision%20to%20strike%20down%20President%20Trump%E2%80%99s%20global%20tariffs.">expects</a> The Wall Street Journal. The decision of the highest court does not bring significant clarity to the situation with duties, but so far investors regard it as a positive factor, <a href="https://www.barrons.com/articles/nvidia-warner-bros-berkshire-hathaway-home-depot-and-more-stocks-to-watch-this-week-87338ad3?mod=RTA#:~:text=The%20high%20court%E2%80%99s%20ruling%20brings%20little%20clarity%20to%20the%20tariff%20situation%2C%20but%20investors%20viewed%20it%20as%20a%20positive%20development%20for%20now.">notes</a> Barron's.

Nvidia and Berkshire earnings and Trump's message: what investors need to know this week

After the Warner Bros. board of directors rejected Paramount twice in the past three months in favor of the Netflix deal

Warner Bros. has given Paramount a week to make a "best and final" takeover offer

BHP Group Limited

Wheaton Precious Metals Corp.

The Walt Disney Company

Apple Inc.

Tri Pointe Homes, Inc.

Solaris Energy Infrastructure, Inc.

Coinbase Global, Inc.

Pinterest, Inc.

Expedia Group, Inc.

Morning in New York: quotes are looking downward

Alibaba Group Holding Limited

Alibaba shares led the selloff in China's technology sector after the Pentagon put some of the country's largest companies on a list of firms that promote the military. Warner Bros. Discovery is discussing a possible resumption of talks with Paramount amid a deal already signed with Netflix. The AI boom is triggering a structural shortage of DRAM memory, driving up prices and threatening the margins of tech giants. These and other topics are in our review of key events for the morning of February 16.

Main by morning: Pentagon crashes Alibaba stock, battle over Warner Bros. continues

Investment company Ancora Holdings has acquired a stake in Warner Bros. Discovery and said it intends to oppose the sale of studios and streaming assets to Netflix, Reuters<a href="https://www.reuters.com/legal/transactional/ancora-capital-builds-stake-warner-bros-plans-oppose-netflix-deal-2026-02-11/"> writes</a>. The activist investment company considers Paramount Skydance's offer more favorable and less risky from the point of view of regulators.

Warner Bros. has an activist investor. Does this threaten the Netflix deal?

The board of directors of Warner Bros Discovery (WBD) <a href="https://ir.wbd.com/news-and-events/financial-news/financial-news-details/2026/WARNER-BROS--DISCOVERY-BOARD-OF-DIRECTORS-UNANIMOUSLY-RECOMMENDS-SHAREHOLDERS-REJECT-AMENDED-PARAMOUNT-TENDER-OFFER/default.aspx">has rejected</a> Paramount Skydance's <a href="https://oninvest.com/article/nepolnocennoe-predlozenie-warner-bros-prizval-akcionerov-otklonit-zaavku-paramount">renewed attempt</a> to acquire the studio, stating that Paramount's revised hostile bid of $108.4 billion represents a "risky deal [for WBD] with a high debt burden" that shareholders should reject.

Warner Bros. board again rejects Paramount deal due to debt risks

Novo Nordisk A/S

Eli Lilly and Company

Hanwha Ocean Co., Ltd.

The US Food and Drug Administration (FDA) has approved Novo Nordisk's first semaglutide-based GLP-1 obesity pill, intensifying the company's competition with Eli Lilly. ByteDance, owner of TikTok, plans to invest about $23 billion in AI infrastructure amid record growth in debt financing in the global tech sector. These and other topics - in our review of key events for the morning of December 23.

The main thing for the morning: a pill instead of a shot, ships for the U.S. Navy and $40 billion for Hollywood

Oracle founder agreed to act as a guarantor of the deal to allay the fears of WBD's board of directors