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Netflix reportedly considering making its $83 billion Warner Bros. offer all cash

Netflix is said to be considering making its $83 billion offer for the studio and streaming assets of Warner Bros. Discovery all cash, according to Bloomberg.

Shares of Netflix and WBD both climbed prior to market close on the report.

The news of Netflix’s potential change comes a day after Paramount Skydance announced it sued WBD for more information on its deal with Netflix.

Paramount has not improved its $30-per-share offer for Warner Bros., despite the latter’s board rejecting it twice.

The news of Netflix’s potential change comes a day after Paramount Skydance announced it sued WBD for more information on its deal with Netflix.

Paramount has not improved its $30-per-share offer for Warner Bros., despite the latter’s board rejecting it twice.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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