Stock Movers: Netflix Rises on Warner Bros. Deal, Applovin Slumps, Intel Upgraded

Netflix's Amended Bid for Warner Bros. Assets

• 📈 Netflix shares saw a rise of 1.2% after amending its bid for Warner Bros. Discovery Inc.'s studio and streaming business.
• 🤝 The new agreement is an all-cash offer, a change from the previous cash and stock proposal, which had drawn criticism.
• ✅ Netflix co-CEO Ted Sarandos stated that the Warner Bros. board unanimously recommends the transaction.

Applovin Faces Selloff Amidst Negative Reports

• 📉 Applovin shares declined by 2.7% following a negative research report from CapitalWatch.
• ⚠️ The stock has been a target for short sellers previously, with reports from Fuzzy Panda and Culper Research.
• 📊 Despite negative reports, Bloomberg Intelligence analysts believe Applovin's fundamentals appear intact, citing potential from AI-driven adtech tools and e-commerce.
• 🎢 The stock, despite being down 16% this year, is up over 60% on a trailing 12-month basis and was popular among the meme stock crowd.

Intel Receives Double Upgrade on AI Demand

• 🚀 Intel shares increased by 4.6% following a double upgrade from financial analysts.
• 💼 HSBC upgraded Intel to 'hold' from 'reduce', citing agentic AI as a driver for increased server CPU demand.
• 🌟 Seaport Global Security upgraded the stock to 'buy' from 'neutral'.
• ⚠️ Intel is expected to deliver results in line with consensus on Thursday but may maintain a conservative outlook due to supply constraints.