Nvidia AI chips

Paramount Skydance launched a hostile $30‑per‑share all‑cash bid for Warner Bros. Discovery, outbidding Netflix’s $27.75 cash‑and‑stock offer, sending Paramount shares up 9% and WBD up 4.4%. Meanwhile, the U.S. approved Nvidia’s H200 AI chips for export to selected foreign customers with required U.S. revenue repatriation, nudging its stock higher. Major U.S. indexes fell as investors priced in a ~90% chance of a 25‑basis‑point Fed rate cut at the year‑end meeting, warning of a 2‑3% equity pullback if the cut is missed. Private‑credit markets are now mirroring high‑yield bonds, raising underwriting‑standard concerns.