Netflix Sets 10-For-1 Stock Split
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Netflix Inc. ($NFLX) is once again exploring a bid for Warner Bros. Discovery ($WBD), according to a Reuters report. The report said Netflix has
The Fortune 500 list, which ranks the largest U.S. companies and includes leading names across the tech, finance, and health industries, often reflects the overall performance of the American economy.
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Netflix Weighs Bid for Warner Bros. Discovery, Brings in Investment Bank
Netflix is reportedly looking into a potential acquisition of Warner Bros. Discovery’s studio and streaming operations. According to sources familiar with the matter, the company has hired investment bank Moelis & Co to advise on a possible bid and has been given access to Warner Bros.
Netflix (Nasdaq: NFLX) reported Q3 earnings after the bell today. Shares of Netflix were up 61% in the past year, headed into today’s earnings, so the company faced lofty expectations. The initial headline that hit newswires when Netflix reported certainly looked very bad.
The investment firm’s bullish stance reflects Netflix Inc.’s (NASDAQ:NFLX) strong position in direct-to-consumer streaming and its solid content lineup.
Netflix has retained a financial advisor from Moelis & Co to explore a potential bid for Warner Bros. Discovery.
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Cathie Wood's weekly recap: sells AMD, Shopify, builds exposure in Chinese AI, biotech & Netflix
AMD ( AMD) and Kratos ( KTOS) both saw repeated sales, shifting focus from hardware and defense tech toward software-driven AI and biotech. Ark offloaded ~78K shares of Advanced Micro Devices ( AMD) last week. Total exposure in AMD still stands at over $650M across all Ark funds.