Lucas Shaw, managing editor at Bloomberg News, dives into Warner Bros.' likely rejection of Paramount's takeover bid, highlighting financing concerns and the value of Netflix's competing offer. Ross Mayfield discusses the Fed's minutes and market outlook for 2026, emphasizing labor market risks over inflation. Ed Price examines global hotspots, including Taiwan tensions, while Melissa Brown reviews strong market performance outside the U.S. and potential rotations in equities, revealing intriguing dynamics in both media and investment landscapes.