Stock Movers: Amazon Sinks on Tariffs, Netflix Amends Warner Bros. Bid, Intel Rises on AI Demand

Amazon's Stock Decline

• 📉 Amazon (AMZN) experienced a significant drop, down 3.9%, largely due to broader market declines and fears of geopolitical volatility.
• ⚠️ CEO Andy Jassy's warning at Davos that tariffs are beginning to affect prices on the retailer's website also weighed on the stock.
• 💡 Amazon had previously offset tariff-related costs in 2025, but this strategy is reportedly no longer effective in 2026.

Netflix's Strategic Bid

• 🟢 Netflix (NFLX) showed some positive movement, though it pared earlier gains, trading near flat after being up as much as 2%.
• 🤝 The company is amending its bid to acquire Warner Brothers, shifting to an all-cash offer.
• 💰 This move, confirming earlier Bloomberg reports, highlights the strength of Netflix's balance sheet and aims to fend off a hostile takeover bid from Paramount.
• 📈 If successful, the acquisition would include HBO Max, WB Studios, and other assets.

Intel's Upgraded Outlook

• 🚀 Intel (INTC) is an outperformer, with shares up approximately 5.7% following two Wall Street upgrades.
• 📊 HSBC and Seaport have upgraded Intel, with HSBC moving the stock to 'hold' from 'reduce'.
• 🧠 The upgrades are driven by the expectation that agentic artificial intelligence will increase demand for server CPUs, potentially outstripping supply.
• 📈 Analysts anticipate that server CPU demand will continue to outgrow supply, a factor the market may still be underestimating.