Karen Moscow

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And the 10-year Treasury yield at 3.98%.

And that's news when you want it with Bloomberg News Now.

I'm Karen Moscow and this is Bloomberg.

And I'm Karen Moscow.

Well, staying overseas here, John, Pakistan's defense minister declared, quote, open war with Afghanistan after both sides carried out cross-border strikes overnight that killed dozens.

The clash marks a major escalation in tensions between the two neighbors.

Relations between Pakistan and Afghanistan have steadily broken down in the years since the return of the Afghan Taliban in 2021, following the withdrawal of U.S.-led forces.

All right, Amy, thank you.

Let's turn to the markets now.

And Netflix has dropped out of the fight to buy Warner Brothers Discovery, clearing the way for rival bidder Paramount to clinch a $111 billion deal.

The streaming giant says while its offer would have passed muster with regulators and created shareholder value, it did not want to keep bidding.

Lucas Shaw has been covering the takeover battle for Bloomberg.

And that's Bloomberg's Lucas Shaw.

Shares of Netflix up more than 7.5% in early trading.

John, Dell shares up almost 11%.

The company gave an outlook for sales of its artificial intelligence servers that topped estimates.

Dell now says it will generate about $50 billion in AI server revenue in the current fiscal year.

Elsewhere in the AI space, John, Anthropic is standing its ground when it comes to its artificial intelligence, and Bloomberg's Monica Ricks reports.

We have a really exciting programming note for you.