The Rundown Trump Targets Netflix Deal as Paramount Launches Hostile Bid for WBD
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Dec 8, 2025 In a lively discussion, the host breaks down last week's market rally, showcasing near-record highs for the S&P and NASDAQ. Exciting developments include Netflix's $72 billion acquisition of Warner and Trump's concerns about antitrust implications. Paramount is making waves with a $108 billion hostile bid for WBD, putting shareholders in a tough spot. Additionally, IBM’s recent $11 billion acquisition of Confluent boosts its cloud and AI strategies. The episode also touches on wealth distribution, revealing that Americans over 70 control a staggering 31% of national wealth.
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Fed-Cut Rally Powers Market Gains
- Markets are pricing in a 90% chance of a Fed rate cut at the December 10th meeting, which has driven recent rallies.
- Rate-sensitive sectors like airlines, truckers, and small caps have led gains amid this optimism.
Netflix's Defense: Broaden The Competitive Frame
- Netflix announced a $72 billion bid for Warner Bros that could give it over 30% of the US streaming market.
- Netflix plans to argue competition includes platforms like YouTube and TikTok to downplay streaming market share concerns.
Sarandos' White House Meeting And The Breakup Fee
- Ted Sarandos met with President Trump in mid-November to argue Netflix isn't a monopoly because it lacks cable or broadcast networks.
- Netflix then offered a $5.8 billion breakup fee, signaling confidence after that meeting.