Netflix is a "Buy" after Q3 sell-off, as non-recurring Brazil tax and FX issues overshadow strong fundamentals and upgraded guidance. NFLX raised full-year guidance, reported record engagement, and continues to expand its content and advertising strategies for sustained long-term growth. Valuation is not cheap, but projected 13%+ revenue and 20%+ EPS growth support a 20% upside with a $1,380 pr...
Warner Bros. Discovery (NASDAQ: WBD stock) remains in focus this morning following reports that the mass media giant has turned down three separate buyout proposals from Paramount Skydance.
Paramount Skydance is mulling its next move after having its acquisition offer for Warner Bros. Discovery rebuffed for the second time in a span of days.
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