Netflix Shifts to All-Cash Offer for Warner Bros. Discovery Deal
Netflix revises its Warner Bros. Discovery acquisition terms with an all-cash offer for studios and streaming assets amid competition from Paramount and falling stock prices.
Netflix revises its Warner Bros. Discovery acquisition terms with an all-cash offer for studios and streaming assets amid competition from Paramount and falling stock prices.
Ross Stores surprises with strong fourth-quarter profits and sales growth, driven by rising same-store sales. The off-price retailer eyes continued momentum in 2026 amid economic challenges.
GitLab beats Q4 estimates with $260.4M in revenue (+23% YoY) and $0.30 non-GAAP EPS. The company also announced a $400M share repurchase program. FY2027 guidance calls for $1.10–$1.12B in revenue, coming in below consensus.
Moderna agrees to $2.25B settlement with Arbutus Biopharma and Genevant, paying $950M upfront + up to $1.3B contingent. Ends all COVID vaccine patent litigation worldwide.