Plus: Warner Bros. Discovery and Paramount Global shares rose after Paramount’s hostile takeover bid, while Netflix stock fell. And shares of Confluent surged after IBM announced plans to buy the data-infrastructure company. Danny Lewis hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices
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