Paramount takeover

Paramount Skydance launched a $30‑per‑share all‑cash hostile bid for Warner Bros. Discovery, outbidding Netflix’s $27.75 offer, sending both stocks higher. Nvidia received U.S. clearance to ship its H200 AI chips to approved Chinese customers, with part of earnings required to return to the U.S. Markets remain cautious ahead of the Fed’s likely 25‑bp rate cut; equities slipped despite tech gains. Berkshire Hathaway announced a leadership reshuffle, and Ray Dalio urged investors to bet on solid AI moats. China posted a $1‑trillion trade surplus in November.