Ed Elson
๐ค SpeakerAppearances Over Time
Podcast Appearances
So all of these other stock markets, I mean, they are outperforming.
And you can get up there on the stage and you can say, look at the stock market, we're doing well.
But as we all know, all of this stuff is relative.
When you compare us to the rest of the world, we're actually not doing so well, which is surprising because you would think that if we own all of the AI companies, which we do,
Why aren't things going well?
And I think it's to your point.
The capital flows are adjusting.
People are looking for an excuse to sell these companies and to get into something else.
And that's a real problem for him and for Americans.
Name drop him and ruin his campaign.
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Netflix has dropped out of the Warner Brothers Discovery bidding war.
That clears the path for Paramount to make the acquisition just days after submitting a revised $111 billion offer.
Warner Brothers gave Netflix four days to counter, but the company declined, saying the deal was, quote, "'no longer financially attractive.'"
The transaction will still need regulatory approval, but for now, Paramount has come out on top.
On the news, Warner Brothers stock fell 3%, Paramount climbed 7%, and Netflix popped 10%.