Neil Freiman

Everyone remembers that.

And that was meant to celebrate or remark upon the rise of digital communities.

And Time was like, yeah, we absolutely nailed it with those technological breakthroughs in 1982, the computer, and 2006, the rise of digital communities.

And it thinks it has another one on its hands with the architects of AI in 2025.

Welcome to Stock of the Week, Dog of the Week, the segment where Toby and I pick one stock they got on Santa's nice list and another that's expecting a lump of coal.

I won the pre-show gingerbread house-making competition, so I get to go first.

And my winner is Warner Brothers, because just like Zendaya and Challengers, it pays to have two men going to war over you.

Shares of Warner Brothers Discovery soared 16% this week, as investors anticipate a bidding war between Netflix and Paramount

for control of the iconic Hollywood entertainment company.

Just to recap how we got here, a week ago, Warner Brothers agreed to sell its movie studio and HBO Max to Netflix in a cash-in-stock deal that sent tremors across Hollywood.

But turns out that was just the pilot episode in this unfolding drama.

On Monday, another suitor, Paramount, launched a hostile bid for Warner Brothers, telling shareholders...

We'll pay you $30 per share, all cash, which beats Netflix's offer.

Plus, we think you have a clear path to regulatory approval, something that could sink a Netflix takeover.

Now, rule number one of a hostile takeover attempt is they typically lead to higher bids, which is why Warner Brothers' share price has been soaring.

Investors are betting that Paramount or Netflix, or most likely both, will come back to the negotiating table with more money, driving Warner Brothers' value higher.

After all, Paramount even wrote that its $30 per share bid wasn't its best and final offer.

And look, I didn't go to negotiating school, but it seems like this means this isn't their best and final offer.

Paramount also has a lot more wiggle room with its investors.

It has billions, tens of billions of dollars of Middle Eastern money that it's throwing at Warner Bros.