JPMorgan Chase & Co.

Visa Inc.

Netflix, Inc.

Warner Bros. Discovery, Inc.

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

Morning in New York: investors await court ruling on duties

Shares of the streaming service have fallen 12% since Dec. 5 following the announcement of a possible deal with Warner Bros. Discovery

Analyst advises buying Netflix on drawdown. Are fears about Warner exaggerated?

The Walt Disney Company

Since the last record set in June, quotations have fallen by a third

"Dead Dollars": Netflix stock is down 27% in three months. Is it worth buying?

Paramount Skydance Corporation

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

The Gap, Inc.

American Eagle Outfitters, Inc.

In 2025, the markets were repeatedly reminded that stock dynamics can be influenced not only by Fed decisions and reports, but also by mass culture, streaming and viral advertising. The public lives of celebrities, late-night TV series premieres and viral campaigns for jeans were all triggers for stock prices in the past year. Below are a few examples of how seemingly "non-systemic" events changed company values and investor expectations.

"The Swift Effect" and Sidney Sweeney: 5 unusual factors influencing the market in 2025 

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

Billionaire Ellison personally guaranteed Paramount $40 billion to buy Warner Bros.

The Warner Bros. board on Dec. 17 urged shareholders to reject a $108.4 billion <a href="https://oninvest.com/article/paramount-perebila-predlozenie-netflix-v-bor-be-za-warner-bros-cto-dumaet-uoll-strit">offer</a> from Paramount Skydance to buy the studio, saying it did not contain sufficient financing guarantees, Reuters <a href="https://www.reuters.com/legal/transactional/warner-bros-discovery-board-rejects-rival-bid-paramount-2025-12-17/">writes.</a>

Incomplete bid: Warner Bros. urged shareholders to reject Paramount's bid

OpenAI is discussing raising more than $10 billion from Amazon and a possible move to Trainium chips, which means less dependence on Microsoft. Alphabet-owned startup Waymo is negotiating a $15 billion round, which would give it a valuation of $110 billion. These and other topics are covered in our review of key events for the morning of December 17.

Highlights for this morning: OpenAI mega-round, $15 billion for Waymo, Warner Bros. prefers Netflix

Amazon.com, Inc.

The release of new TV series on Netflix and other streaming platforms provokes a decline in stocks the next day, <a href="https://oninvest.com/article/prem-ery-serialov-netflix-privodat-k-snizeniu-akcij-zaavili-ucenye-kak-eto-svazano">according to</a> a study by a group of scientists from the University of Hong Kong Business School. They concluded that traders who are exhausted after a night of "inebriated" watching fresh episodes are more inclined to close positions than to open them. Psychologist Mikhail Tegin breaks down the methodology of the study for Oninvest and explains what questions it raises.

Researchers have linked watching Netflix and stock declines. What questions do you have for the study?

Series premieres or the release of new episodes of popular shows on Netflix, Hulu and other streaming platforms are increasing the share of Wall Street bears, a <a href="https://www.instagram.com/reel/DSC9R8JioK2/?igsh=MWNoeDdiNDhyMzN0dg==">study by a</a> team of academics from the University of Hong Kong Business School <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5808502">claims</a>.

Netflix series premieres lead to stock declines, researchers said. How is this related?

NVIDIA Corporation

Carvana Co.

CoreWeave, Inc.

Morning in New York: employment statistics will set the vector for trades

Paramount Skydance <a href="https://oninvest.com/article/eto-dorogo-kak-krupnejsaa-sdelka-s-warner-bros-mozet-utanut-akcii-netflix-vniz">has made a new offer to</a> buy Warner Bros. Discovery (WBD), which owns the rights to "Game of Thrones," "Harry Potter" and "Lord of the Rings": at $30 per share in cash.