IBM’s $9.3B Confluent deal, WBD latest, Tesla downgrade

IBM’s .3B Confluent deal, WBD latest, Tesla downgrade

By Yahoo Finance Video
Publication Date: 2025-12-08 14:40:00

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Now time for some of today’s trending tickers. We are watching IBM, Netflix and Tesla.

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First up, IBM will buy Confluent for $9.3 billion. That takeover one of IBM’s largest ever.

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Confluent is a data streaming platform that allows companies to gather and analyze data in real time. For IBM, it’s a major bet on the kind of enterprise software that artificial intelligence tools need to perform tasks in real time.

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The acquisition builds on a five-year partnership between the two firms, which allowed some IBM customers to use confluence data streaming platform. Both of those stocks trading higher, IBM just slightly.

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Next is Netflix. The streaming giant is facing regulatory hurdles in its bid for Warner Brothers. It’s also facing increasing competition. As we just learned, Paramount just increased its bid for the studio to $30 per share in cash.

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