Kim Kahn

Warner said it will hold a special meeting of shareholders to vote on the deal before April.

The company highlighted that the all-cash transaction provides enhanced certainty around the value WBD stockholders will receive at closing, eliminating market-based variability.

Warner CEO David Zaslav said, By coming together with Netflix, we will combine the stories Warner Bros.

has told that have captured the world's attention for more than a century.

Netflix co-CEO Ted Sarandos said the revised all-cash agreement will enable an expedited timeline to a stockholder vote and provide greater financial certainty, plus value from the planned separation of Discovery Global.

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.