The stock has plunged 28% since the end of June, making it the seventh-worst performer in the Nasdaq 100 Index in the second half of the year.

Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.

The stock has plunged 28% since the end of June, making it the seventh-worst performer in the Nasdaq 100 Index in the second half of the year.

Laura Martin of Needham estimates that buying WBD would put $83 billion of additional value at risk of disruption from generative AI.

Elizabeth Warren called Paramount’s offer a “five-alarm antitrust fire” after previously branding Netflix’s bid as an “anti-monopoly nightmare.”

Netflix promotes itself as an innovator, but its skyhigh bid for Warner Brothers suggests that its trendsetter days have peaked.