Stock Market Update
04-Dec-25 15:00 ET
Bidding war for Warner Bros. Discovery heats up
Dow -87.34
at 47795.35,
Nasdaq +14.41
at 23468.54,
S&P -3.32
at 6846.39
[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (+0.1%), and DJIA (-0.1%) returned to their flatlines after a brief dip lower at the bottom of the hour.
The bidding war for Warner Bros. Discovery (WBD 24.29, -0.28, -1.12%) is heating up, with CNBC reporting that Netflix (NFLX 103.20, -0.76, -0.73%) is now the leading bidder based on how WBD is reportedly valuing the offers.
However, Paramount Skydance (PSKY 14.69, +0.02, +0.16%), which is also a bidder for the company, raised concerns that Netflix's bid would "never close" due to regulatory concerns, according to The Wall Street Journal.
