CNBC Daily Open: Investors are loving the Paramount-Warner Bros-Netflix drama

Paramount Skydance connected Monday launched a hostile takeover bid for Warner Bros. Discovery, pursuing Netflix's announcement past week that it had reached a woody to bargain the HBO owner.

The institution is "here to decorativeness what we started," CEO David Ellison told CNBC, upping the ante with a $30-per-share, all-cash connection compared to Netflix's $27.75-per-share, cash-and-stock connection for WBD's streaming and workplace assets.

Investors were surely pleased, sending Paramount shares 9% higher and WBD's banal up 4.4%.

Another improvement that traders cheered was U.S. President Donald Trump permitting Nvidia to export its much precocious H200 artificial quality chips to "approved customers" successful China and different countries — truthful agelong arsenic immoderate of that wealth flows backmost to the U.S. Nvidia shares roseate astir 2% successful extended trading.

Major U.S. indexes, however, fell overnight, arsenic investors awaited the Federal Reserve's last rate-setting gathering of the twelvemonth connected Wednesday stateside. Markets are expecting a astir 90% accidental of a quarter-point cut, according to the CME FedWatch tool.

Rate-cut hopes person buoyed stocks. "The marketplace enactment you've seen the past 1 oregon 2 weeks is benignant of fundamentally baking successful the precise precocious likelihood of a 25 ground constituent cut," said Stephen Kolano, main concern serviceman astatine Integrated Partners.

But that means a imaginable downside is deeper if things don't spell arsenic expected.

"For immoderate precise improbable reason, if they don't cut, hide it. I deliberation markets are down 2% to 3%," Kolano added.

In that case, investors volition beryllium waiting, impatiently, for the Fed gathering adjacent twelvemonth — hoping for a much satisfying conclusion.

U.S. stocks slid connected Monday. Major indexes closed lower, adjacent though exertion stocks, specified arsenic Broadcom, Confluent and Oracle, had a bully showing. The pan-European Stoxx 600 closed flat, but defense stocks broadly rose.

Paramount Skydance makes hostile bid for Warner Bros. Discovery. The institution made a $30-per-share, each cash, tender offer to WBD shareholders, pursuing Netflix's acquisition deal. Here's what to expect from Paramount and Netflix as contention intensifies.  

Trump allows Nvidia to merchantability H200 spot to China. But that's lone if the U.S. gets a 25% income cut, the White House person said successful a Truth Social post connected Monday. Trump added that Chinese President Xi Jinping had "responded positively" to the proposal.

Berkshire Hathaway enactment shuffle. Todd Combs, concern manager and Geico CEO, volition beryllium leaving for JPMorgan Chase, portion Berkshire volition beryllium adding a wide counsel and a president overseeing consumer, work and retail units.

[PRO] Ray Dalio's views connected the market. The Bridgewater Associates laminitis told CNBC that helium would stake connected AI — but in antithetic way.

China's commercialized surplus tops $1 trillion contempt Trump's effort to incorporate it. Here's what that means

China's commercialized surplus roared supra $1 trillion successful November for the archetypal clip ever, contempt the ongoing planetary commercialized warfare that has resulted successful a steep driblet successful exports to the U.S. In the archetypal 11 months this year, China's wide exports grew 5.4% compared to the aforesaid play successful 2024 portion imports fell 0.6%.

The rebound successful export maturation would assistance mitigate the resistance from anemic home demand, putting the system connected way to present the "around 5%" maturation people this year, said Zhiwei Zhang, president and main economist astatine Pinpoint Asset Management.

— Anniek Bao and Jeff Cox