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The Invesco Leisure and Entertainment ETF (PEJ) has been assigned a Zacks ETF Rank of 4 (Sell), signaling caution despite a 17.45% year-to-date performance gain as of December 17, 2025.
Stock markets showed signs of weakness on December 17, with GEV falling 10.50%, after a Federal Reserve official called for a pause on interest rate cuts following new jobs data.
Jim Cramer stated his opinion that Netflix (NFLX) does not need a potential deal with Warner Bros., causing uncertainty about the deal's materialization.
Netflix announced its plan to acquire Warner Bros. as the stock market neared all-time highs, while stocks like MongoDB (-2.17%) and American Eagle (-1.61%) declined after earnings.
Lennar shares fell 5% on weak guidance, while lithium miners like Atlas Lithium gained nearly 9% after China announced plans to revoke mining licenses.
Oracle shares fell 6% after a report that its $10 billion Michigan data center plan lost key financial backing, contrasting with Texas Pacific Land, which jumped 8% on a new data center deal.
DBV Technologies' U.S. shares surged 31% after the French pharmaceutical company reported positive topline results from a Phase 3 trial of its peanut patch for children.
Warner Bros. Discovery stock increased 30.7% over the past month, driven by positive near-term earnings estimates, though analysts forecast a 62% earnings per share decline for the next fiscal year.
Paramount (PSKY) shares fell 2.4% after multiple analysts issued 'Sell' ratings, citing valuation concerns following the company's hostile takeover bid for Warner Bros. Discovery.
Jared Kushner's Affinity Partners has withdrawn from Paramount's takeover bid for Warner Bros. Discovery. This move occurs as WBD's board is expected to reject Paramount's $30-per-share offer, shifting focus to the bid's remaining financial structure and removing a key source of political controversy.
Warner Bros. Discovery is expected to reject a hostile $108.4 billion all-cash bid from Paramount Skydance, choosing to proceed with its existing $82.7 billion cash-and-stock agreement with Netflix. The decision signals a complex valuation calculus, prioritizing strategic alignment over a higher immediate payout, even as the Netflix deal faces significant regulatory headwinds in both the U.S. and Europe.
Netflix is pursuing an $83 billion acquisition of Warner Bros. Discovery's media assets, triggering a rival bid and significant antitrust review. Concurrently, DoorDash's technology expansion faces local regulatory hurdles in San Francisco, reflecting broader uncertainty for tech initiatives.
Netflix's formal $83 billion bid for Warner Bros. Discovery's assets has prompted a negative re-rating of Cinemark Holdings by Deutsche Bank. The core issue is the potential for Netflix to shorten exclusive theatrical windows, directly threatening theater chain profitability and business models.
Institutional investors are showing significant interest in Fox Corporation (FOXA), driven by a strong quarterly earnings report and a substantial new share repurchase program. The company's stock has surged 48% year-to-date, reflecting market confidence in its financial health and strategic capital allocation amid a consolidating media industry.
A group of insiders at Charter Communications, led by President Christopher Winfrey, has invested $1.1 million in company stock, signaling strong internal confidence in the firm's future performance and current valuation.
Mounting concerns over the debt-fueled artificial intelligence boom are driving investors to seek protection, as shown by a surge in credit default swaps for tech giants. This market anxiety unfolds amid a landscape of transformative M&A, exemplified by the bidding war for Warner Bros. Discovery.
A fierce bidding war for Warner Bros. Discovery and a sharp decline in WPP's stock price highlight deepening industry pressures from technological disruption and economic uncertainty. These events underscore a market grappling with consolidation, the rise of AI, and shifting advertiser sentiment.
AMC Networks has appointed Annie Luo as the new President of Streaming Growth to spearhead its direct-to-consumer expansion. The company also announced expanded partnerships with Roku and Channel 5 in the UK to broaden its streaming footprint.
Companies are deploying tailored financing strategies to navigate the current market, utilizing public offerings, private placements, and strategic M&A to secure capital and position for growth. This trend highlights how different sectors are accessing liquidity based on their specific needs and market maturity.
Comcast is diversifying into wireless and platform services to counter broadband losses, while AT&T strengthens its core 5G network. The strategic divergence comes as both telecom giants face intense market competition and shifting consumer preferences.