Stock Movers Netflix Mixed, Victoria's Secret Surges, Ulta Beauty Rises
Dec 5, 2025
Natalia Kniejevic, a Bloomberg News equities reporter, dives into the latest stock market shifts. She breaks down Netflix's historic acquisition of Warner Bros., sparking debate over growth vs. investment risks. Victoria's Secret enjoys a surging stock after impressive Q3 results and an optimistic outlook, while Ulta Beauty raises its sales forecast amid robust consumer spending on cosmetics. The discussion also touches on post-holiday demand uncertainties, making for a thought-provoking conversation on market trends.
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Netflix-Warner Bros. Game Changer
- Netflix agreed to buy Warner Bros. Discovery, creating a massive studio-plus-streaming combination that reshapes competition.
- The deal values Warner Bros. at $82.7 billion including debt and splits off cable networks before the sale.
Big Library, Bigger Competitive Edge
- Netflix gains a large programming library and California studios, strengthening its edge versus Disney and Paramount Skydance.
- Some investors question whether the acquisition masks Netflix's organic growth limits.
Investor Skepticism Over Motive
- Investors wonder if the acquisition signals Netflix can't sustain growth independently.
- The market reaction was mixed: Netflix down while Warner Bros. stock rose on the deal news.