Shares of FuboTV Inc. (NYSE:FUBO) are declining on Thursday, caught in a broader market environment where major indices are trading lower. While the tech-heavy Nasdaq is down 0.68% and the S&P 500 is down 0.66% in recent trading, the sports-first streamer is significantly underperforming its sector.The CatalystFuboTV's current downturn aligns with continued pressure following its first-quarter 2026 financial report. Despite reporting a revenue beat of $1.55 billion against analyst expectations of $1.10 bill ...

Key TakeawaysNetflix (NFLX) is reportedly prepared to increase its $82.7 billion bid for Warner Bros. Discovery (WBD) assets as it battles a $108.4 billion competing offer from Paramount Skydance.The US 30-Year TIPS auction saw strong demand, with the high yield falling to 2.473% and indirect bidders taking a significant 78.3% of the offering.Fed Governor Stephen Miran has moderated his dovish stance, suggesting that firm labor data and rising goods inflation may limit 2026 rate cuts to 100 basis points.Nip ...

Exclusive: Netflix has ample room to increase its offer in battle for Warner Bros, sources say | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A drone view shows the Netflix logo on one of the company's buildings in the Hollywood neighborhood in Los Angeles, California, U.S., January 20, 2026. REUTERS/Daniel Cole/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Netflix [(NFLX.O), opens new tab] has ample cash ...

Core Viewpoint - The Justice Department is investigating the potential impact of a sale of Warner Bros. Discovery (WBD) to Netflix on the film industry, particularly regarding fewer new film releases and the implications for moviegoers [1][4]. Group 1: Investigation and Concerns - Federal antitrust lawyers are in discussions with major movie theater chains to assess the implications of the potential sale [2][11]. - The investigation is focused on whether a merger between Netflix and HBO Max would create a monopoly in the streaming industry [4]. - Concerns have been raised that a Netflix acquisition could negatively affect Hollywood, as Netflix typically does not release its original films in theaters [5]. Group 2: Competitive Bidding and Industry Reactions - Warner Bros. has resumed negotiations with Paramount Skydance after they improved their offer for WBD, which includes cable assets [5][14]. - Paramount has expressed that a sale to Netflix would not enhance competition but rather diminish it, citing concerns over the financial burden it would face post-acquisition [6]. - Industry figures, including James Cameron, have warned that a Netflix deal could be detrimental to cinemas [7]. Group 3: Netflix's Position and Promises - Netflix has criticized Paramount's actions as distractions and claims that its acquisition would provide more choices and value to audiences [8]. - Netflix CEO Ted Sarandos has promised to release all WBD films in theaters exclusively for 45 days, attempting to alleviate industry concerns [10]. - Some theater executives remain skeptical about Netflix's commitment to theatrical releases, seeking more concrete assurances [12]. Group 4: Investor and Regulatory Dynamics - Confidence is growing within Paramount that WBD may abandon the Netflix deal due to potential regulatory challenges [13]. - Activist investor Ancora Holdings, with a nearly $200 million stake in WBD, plans to oppose the Netflix deal, arguing that the board did not adequately engage with Paramount [13].

Many sectors started the year by tumbling on fears of runaway spending on data centers and artificial intelligence (AI) shaking up entire industries. Netflix (NASDAQ: NFLX) shares also fell in January, but its 8% decline stems from a completely different set of concerns. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Instead, Netflix s ...

Welcome to February 2026, where the primary driver of global equity valuation isn’t the Federal Reserve’s dot plot or quarterly earnings reports, but rather the notification bell on a specific social media platform. As of February 18, 2026, the “Trump Trade” has evolved from a speculative bet into a full-contact sport, leaving analysts at Goldman Sachs and Morgan Stanley to spend their mornings deciphering the macroeconomic implications of 3:00 AM posts written in all-caps. It is a truly efficient market, p ...

Core Insights - Spotify has transformed from a cash-burning company to a profitable streaming giant, achieving $2.78 billion in free cash flow and a 14% stock surge after beating Q4 earnings expectations by 60% [1] - The company reported earnings per share (EPS) of $5.16, significantly higher than the expected $3.21, while reaching 751 million monthly users and a record operating margin of 15.47% [1] Financial Performance - Spotify's operating income reached €701 million (approximately $835 million) with an operating margin expansion from -3.37% in 2023 to 12.79% in 2025, indicating improved profitability [1] - Free cash flow increased dramatically from €21 million in 2022 to €2.9 billion in 2025, showcasing the company's ability to negotiate better licensing deals and enhance user engagement without proportional cost increases [1] User Growth and Market Position - The platform added 38 million monthly active users in Q4 2025, bringing the total to 751 million, with 290 million being premium subscribers [1] - Gross margin improved to 31%, up from 11% a decade ago, reflecting Spotify's enhanced leverage in licensing negotiations and operational efficiency [1] Investor Sentiment and Analyst Outlook - Following the earnings report, sentiment among Reddit traders shifted positively, with discussion volume increasing from 20.5 to 31.8 [1] - Goldman Sachs upgraded Spotify to a "Buy" rating with a price target of $700, citing durable advantages in pricing power and AI-driven personalization [1] Future Growth Strategies - Spotify's co-CEOs have positioned 2026 as a year of ambition, focusing on AI features and expanding audiobooks as key growth drivers [1] - The company's ability to maintain profit margins while investing in product innovation will be crucial for sustaining its recent stock rally [1]

Market Overview - Stocks showed a mixed performance with the Dow Jones Industrial Average up by about 18 basis points, NASDAQ Composite increasing by approximately 0.33%, and S&P 500 rising by 0.3% [2][4] - The Russell 2000 index also climbed into positive territory, reflecting a broader market recovery [3] - The bond market remained stable, with the 30-year T-bond yield down to 4.69% and the 10-year yield around 4.06% [3] Sector Performance - Financials led the large-cap sectors, with notable gains from JP Morgan (up 1.5%), Goldman Sachs, and American Express [4][8] - The technology sector saw mixed results, with Nvidia up nearly 2% and Apple rebounding by 3.76%, while Tesla and other mega-cap tech stocks faced declines [5][6] - Defensive sectors like staples, energy, and materials experienced losses of over 1% [4] Investment Sentiment - Investor sentiment is characterized as cautious, with a significant sector rotation observed from software to hardware and safer areas like materials and energy [10][11] - Small and mid-cap stocks are expected to show greater earnings growth compared to large caps, driven by AI infrastructure and other growth areas [18] BHP Financial Results - BHP reported a 22% increase in first-half profit, with copper now accounting for over 50% of its core earnings, indicating a strategic pivot towards copper production [33][34] - The company plans to increase copper production guidance for this year and next, capitalizing on strong copper prices [36] - BHP's operational performance remains robust, with record production and shipment in iron ore alongside copper growth [36][45] Copper Market Dynamics - The demand for copper is expected to grow significantly, driven by energy transition and digitization, with projections of a 70% increase over the next 25 years [38] - Supply challenges are anticipated due to lower grades and the complexity of new projects, enhancing the demand-supply dynamics for copper [39] Gold and Byproducts - BHP's copper deposits also yield significant byproducts, including gold, which contributed around $2 billion to earnings in the last half [41] - The company is actively seeking to unlock additional value from its portfolio, including a recent $4.3 billion silver stream agreement [42] Iron Ore Negotiations - BHP is engaged in tough negotiations with China's state-owned iron ore buyer but has managed to maintain strong production and price realization [45]

Warner Brothers Discovery and Netflix Merger - Warner Brothers Discovery (WBD) has set a shareholder vote date for March 20th regarding its proposed merger with Netflix, and has begun mailing its definitive proxy statement [1] - Netflix has granted WBD a limited 7-day waiver to negotiate with rival bidder Paramount Sky Dance, which has proposed a potentially higher per share offer but has not yet submitted binding terms [2] - WBD's board continues to support the Netflix deal, labeling it as the superior and more certain option, while urging shareholders to reject any proposal from Paramount Sky [2] Amazon's Stock Performance - Amazon's stock has experienced a significant decline, dropping nearly 20% over the past 10 trading days, which has resulted in a loss of approximately $450 billion in market value [4] - Despite a slight recovery, Amazon's shares are still down 12% over the past 52 weeks, reflecting ongoing investor concerns regarding its $200 billion AI and infrastructure spending plan [3][4] Micron's Manufacturing Capacity - Micron is reportedly investing $200 billion to expand manufacturing capacity in Boise, Idaho, in response to a significant memory chip shortage that has affected various companies, including Apple and Qualcomm [5] Alibaba's AI Model - Alibaba has launched a new AI model that is said to be 3.5% cheaper and more efficient in processing workloads compared to its predecessor [6] Upcoming Earnings Reports - Analysts expect Carvana's revenue to grow nearly 50% year-over-year to $5.25 billion, with earnings projected at $116 per share [7][8] - Door Dash is anticipated to report revenue of $4 billion, reflecting a 40% year-over-year increase, with earnings per share expected at $1.29 [8]

Streaming platform specialist Roku (ROKU) is back in the spotlight, and this time, it’s not hype driving the buzz. It’s hard numbers. The company’s fiscal 2025 fourth-quarter results, released last week, didn’t just top Wall Street’s expectations - it staged a powerful turnaround and provided an optimistic financial outlook. Roku swung from a loss in the year-ago quarter to posting a meaningful profit in Q4, marking a major shift in momentum. Of course, the market has taken notice. Since delivering that ...