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Chevrolet Traverse vs Ford Explorer

Chevrolet Traverse vs Ford Explorer

Barchart Option·
US
F
-1.98%
Barchart Option·
US
F
-1.98%

Top Midday Stories: Warner Bros. Board Maintains Support of Netflix Offer; Amazon Reportedly in Talks to Invest $10 Billion in OpenAI

Warner Bros. board supports Netflix merger, rejecting Paramount's offer. Amazon is in talks to invest $10 billion in OpenAI. Blue Owl won't back Oracle's data center deal. UWM to acquire Two Harbors in a $1.3 billion merger. General Mills reports Q2 earnings above estimates. Stock movements: Warner Bros. down 1.2%, Netflix up 0.9%, Paramount down 4.4%, Blue Owl down 1.3%, Oracle down 5.4%, Amazon up 0.6%, UWM down 5.4%, Two Harbors up 12%, General Mills up 3.2%.

fidelity·
US
NFLX
+1.35%
US
WBD
-1.61%
US
GIS
+2.93%
fidelity·
US
NFLX
+1.35%
US
WBD
-1.61%
US
GIS
+2.93%

Ford Just Torched a $6.5 Billion Battery Deal--Is the EV Dream Unraveling?

Ford Motor Co. has canceled a $6.5 billion battery supply deal with LG Energy Solution, indicating a possible reassessment of its electric vehicle strategy. This move is part of Ford's broader efforts to address financial pressures in its EV operations, including scrapping plans for an electric F-Series truck and ending a US battery venture with SK Innovation. The decision highlights uncertainties in the global EV transition, as seen with the European Commission's recent policy adjustments.

GuruFocus·
US
F
-1.98%
GuruFocus·
US
F
-1.98%

Netflix Stock Climbs on Fresh Warner Bros. Takeover Reports

Netflix shares rose 2% after reports that Warner Bros. Discovery prefers Netflix's takeover bid over Paramount's. WBD's board sees Netflix's offer as more valuable, despite concerns about Paramount's financing. Investors welcomed the potential for a quicker deal, though uncertainty remains due to regulatory risks and Warner shares trading below the offer price. Netflix views the takeover as a growth strategy to enhance content flow. Analysts highlight the importance of WBD board meetings, financing transparency, and regulatory discussions in shaping Netflix's future.

GuruFocus·
US
NFLX
+1.35%
US
WBD
-1.61%
GuruFocus·
US
NFLX
+1.35%
US
WBD
-1.61%

11:05 ET Halper Sadeh LLC Encourages EB, KPLT, GDOT, WBD Shareholders to Contact the Firm to Discuss Their Rights

Halper Sadeh LLC, an investor rights law firm, is investigating potential violations of federal securities laws by Eventbrite, Katapult Holdings, Green Dot Corporation, and Warner Bros. Discovery. The firm encourages shareholders to contact them to discuss their rights, as they may seek increased consideration, additional disclosures, or other relief on behalf of shareholders. The firm operates on a contingent fee basis, representing investors worldwide in cases of securities fraud and corporate misconduct.

prnewswire·
US
GDOT
+0.43%
US
KPLT
-0.78%
US
EB
+0.11%
prnewswire·
US
GDOT
+0.43%
US
KPLT
-0.78%
US
EB
+0.11%
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