Kim Kahn

The acquisition will also significantly expand U.S.

production capacity and investment in original programming, driving job creation and long-term industry growth, he added.

But analysts say an all-cash deal will be a drag on Netflix's earnings per share, even if it helps avoid meaningful ownership dilution.

There are also concerns the offer could bring incremental downside, as increased upfront financing needs could pressure Netflix's debt profile and reduce anticipated deal synergies.

Among active stocks, Intel is rallying after HSBC and Seaport Research upgraded the stock ahead of earnings.

HSBC analyst Frank Lee, who boosted the stock to hold from reduce, says we now turn more positive as we expect the traditional servers, DCAI, to get back on a growth trajectory.

We expect there's an overwhelmingly increasing demand for server CPUs driven by rising agentic AI.

Seaport analyst Jay Goldberg echoed Lee's thoughts, upgrading Intel to buy from neutral on the back of strong signals for their PC products and an improving outlook for Intel foundry.

3M issued a 2026 earnings forecast that narrowly missed Wall Street expectations, highlighting the difficulty of sustaining its turnaround amid uneven economic conditions.

An EPS midpoint guide of 860, just a penny below consensus, suggests momentum may be moderating for CEO Bill Brown's overhaul of the company, which is focused on boosting efficiency across its industrial footprint and reinvigorating product development.

And Key Corp is sliding on concerns about cautious guidance.

The bank expects 2026 net interest income, taxable equivalent,

to rise 8% to 10% from 2025's $4.67 billion, implying a midpoint of $5.09 billion versus the visible alpha consensus of $5.07.

In today's trading, gold prices surged past $4,700 an ounce for the first time as precious metals rallied in response to a weaker dollar and rising fears of renewed trade tensions over Greenland.

A mix of geopolitical uncertainty and worries over the independence of the U.S.

Federal Reserve has spooked investors, driving flows into precious metals even after last year's exceptionally strong performance, ING analyst said.

Investors are favoring gold and silver over currencies and government bonds amid rising U.S.

debt levels and heightened policy unpredictability, ING said in a note.

Wedbush said the Greenland tariff battle of words will cause market weakness, but added that it provides the opportunity to buy tech winners.

Analyst Dan Ives said, being here in Davos this week on the ground, the tariff scuffle is clearly an overhang on the conference as Trump gets here tomorrow to speak to tech leaders and various world leaders.