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Nia Warfield

Warner Bros. Discovery surges as HBO Max inks new Asia streaming deal

Warner Bros. Discovery shares jumped almost 8% in Wednesday’s trading, leading S&P 500 gains, after the media giant unveiled a new streaming partnership in Southeast Asia.

Starting in Q4 of this year, HBO Max will join forces with leading local streamer Viu, which boasts viewers in Indonesia, Malaysia, the Philippines, Singapore, and Thailand.

Instead of fighting for market share from scratch, Warner is tapping into Viu’s strong regional base to speed adoption and cut marketing costs. The deal means subscribers get both global blockbusters and local hits under one roof, including “Harry Potter,” DC movies, “Game of Thrones,” and Korean drama “Taxi Driver 3.”

Back in June, Warner announced plans to split into two publicly traded companies, one of which includes a new Streaming & Studios unit that will house Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, along with the company’s deep film and TV library. 

For Warner, the new deal could not only bolster exposure in the Asian market, but also boost margins and keep subscriptions coming in.

Shares of the media powerhouse are now up 14% year to date.

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Max Knoblauch

“Madden” maker EA surges on report it’s nearing $50 billion deal to go private

Shares of video game giant Electronic Arts are surging up more than 15% Friday following a Wall Street Journal report that the company is nearing a roughly $50 billion deal to go private.

According to the WSJ, an investment group including Saudi Arabia’s Public Investment Fund and PE firm Silver Lake (which is also part of the TikTok deal) could announce a deal next week.

In its fiscal first quarter that ended in June, EA delivered a disappointing net bookings outlook for the fiscal year.

Shares of EA’s most intimidating competitor, “Grand Theft Auto” publisher Take-Two Interactive, climbed nearly 5% on the report.

Exclusive | Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private

Exclusive | Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private

In its fiscal first quarter that ended in June, EA delivered a disappointing net bookings outlook for the fiscal year.

Shares of EA’s most intimidating competitor, “Grand Theft Auto” publisher Take-Two Interactive, climbed nearly 5% on the report.

$12.5B 🛍️
Max Knoblauch

Uber’s relying less on pad thai from 0.8 miles away. The company expects gross bookings (what customers spend) of non-restaurant deliveries to grow to $12.5 billion by the end of the year, according to reporting by Bloomberg.

The new forecast marks a 25% boost from the $10 billion estimate Uber shared in May for the delivery of groceries and items from retail partners like Best Buy.

Through the first half of the year, Uber’s total delivery gross bookings climbed to more than $42 billion, up about 18% year over year. That nearly matches the gross bookings of its ride-hailing business in the same period.

J. Edward Moreno
9/26/25
Why pharma stocks aren’t getting hit by new tariff threats

Most European drugmakers have announced some sort of investment in the US since Trump’s tariff threats began earlier this year. And some seem to have imported plenty of product to get ahead of tariffs anyway.

Pharmaceutical Company Eli Lilly Headquarters
Hyunsoo Rim
TikTok shop
9/26/25
TikTok US is worth only $14 billion, according to the Trump-backed deal

Charting how that stacks up against the rest of the social media landscape suggests Oracle, Silver Lake, and MGX got a pretty sweet deal.

Trump TikTok
NikeSKIMS

Nike, trying to break out of its funk, launches its high-stakes collab with Kim Kardashian’s Skims

The partnership champions women athletes and tests how far Kim K’s star power can stretch in the women’s activewear arena.

Nia Warfield9/26/25

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