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Netflix vs. Hollywood And Washington | BlackRock’s Top 2026 Stock Picks

Plus, top stories, M&A, ETF records, earnings, and more

 

Happy Monday! Netflix just shook up the streaming world as it struck a deal to acquire Warner Bros. in a move that has Wall Street buzzing, while also unleashing a wave of political resistance. Read on to see the chances of the deal going through and what other streaming companies are poised to benefit.

Also, this trend could keep these companies among Wall Street’s favorites. Read on to see which companies Blackrock believes are positioned to ride the smart money wave next year, and which ones are likely to get left behind.

Plus, if you’re looking for an investment in proactive senior care technology, check out today’s sponsor.

TOP STORY

Dark Netflix and Chill from home

Netflix’s bold move to acquire Warner Bros. has unleashed a wave of political resistance, Hollywood anxiety, and theater-industry outrage — but it also sparked a surge in share prices for streaming companies like Roku.

While regulators and rivals question whether the deal will ever clear Washington’s hurdles, investors are betting on the ripple effects, rewarding platforms poised to benefit from intensified streaming competition. Read on to see which companies are poised to benefit and which ones won’t as the media landscape continues to shift.

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MARKET RECAP

Averages & Assets
AssetClose 12/05/25Price Change
SPX
$6,870.40
+0.19%
NASDAQ
$23,578.13
+0.31%
DJI
$47,954.99
+0.22%
10-Year
4.14%
+0.03 bps
ULTA - Notable Gainer
$601.50
+12.65%
PSKY - Notable Loser
$13.37
-9.82%
BTC
$89,307.00
-3.08%
ETH
$3,022.66
-3.54%
XRP
$2.04
-2.86%

Last Week: U.S. indexes finished modestly higher Friday, with the S&P 500 extending its winning streak to four sessions as cooler inflation data bolstered hopes for a Fed rate cut this week. The index closed just shy of record territory after logging gains in nine of the past ten sessions, helping major indexes secure a modest advance to start off December. Traders now assign an 87% probability to a rate cut at Wednesday’s policy meeting. Meanwhile, Core PCE, the Fed’s preferred gauge, rose 2.8% in September — slightly below expectations. With inflation stabilizing under 3%, investors are shifting their focus to signs of softening in the labor market, which Wall Street hoping it will nudge the Fed to keep cutting rates.

On Our Radar: There are no major economic reports today, so analysts will continue to focus on earnings with a plethora of big names reporting this week. AutoZone (AZO) will start things off as the company is set to report before the market opens tomorrow morning.

MARKET HEATMAP

Shares of Ultra Beauty (ULTA), Dollar Tree (DLTR) and Dollar General (DG) surged, while Paramount Skydance (PSKY) tumbled after losing to Netflix (NFLX) in a billion-dollar bidding war to acquire Warner Bros (WBD). But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Friday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

FIVE ZINGERS

Bulls vs. Bears: Wall Street’s top banks are split on copper’s outlook. See why Citi and JPMorgan are bullish, and why Goldman Sachs gives a stark warning.

ETF Frenzy: ETF assets just hit an all-time high of $13.2 trillion, but the biggest moves aren’t where you might expect. Read on to see which funds are fueling the frenzy.

Inflation Twist: Friday’s Inflation and consumer confidence data made a surprising move. Discover what this means for your wallet, your investments, and whether the Fed might finally ease up based on the readings from its favorite gauge.

Deal Dispatch: The world of M&A is heating up: Puma draws international suitors, Netflix faces regulatory hurdles, and big acquisitions are reshaping industries. Read on to see which deals could change the game.

Top Stories: Here’s a look at the top stocks making headlines this past week, with key developments sparking interest from both bulls and bears.

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MARKET HISTORY

On This Day In 1941…

The U.S. indexes reopened a day after the attack on Pearl Harbor. The Dow Jones Industrial Average would go on to fall 3.5% that day as the United States formally declares war on Japan. That steep opening-day drop reflected investor panic and uncertainty as the U.S. formally entered World War II. That day marked the beginning of a prolonged wartime downturn in the market as the Dow slid for months as America mobilized for war.

QUOTE OF THE DAY

“The person that turns over the most rocks wins the game.“

— Peter Lynch

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