Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers were looking at Monday and what they’re looking at for Tuesday’s session. That’s not all. Paramount Skydance has launched a hostile bid to acquire Warner Bros. Discovery after losing out to Netflix. “We’re here to finish what we started,” Paramount Skydance CEO David Ellison told CNBC. At a press conference Monday, Netflix co-CEO Ted Sarandos said he expected Paramount Skydance to launch a hostile bid. He added that he was “confident” that regulators would finalize the deal between Netflix and Warner Bros. Discovery. President Donald Trump said Netflix’s proposed acquisition of major parts of Warner Bros. Discovery “could be problematic.” Paramount Skydance and Warner Bros. Discovery led the S&P 500 on Monday, while Netflix fell 3.4%. Nvidia gets green light The Commerce Department plans to allow Nvidia to sell its H200 chips to China. Nvidia shares rose 2% on news of the extended deal. But US approval is only half the battle, and the Chinese government still needs the chips. Chinese state media has claimed that the US government is relaxing regulations because NVIDIA is losing out to Chinese domestic alternatives. Technology on a tear The Technology Select Sector SPDR ETF (XLK) has recorded its 11th consecutive positive trading day. This is the longest streak since February 2017, when a 13-day streak was recorded, according to Nick Wells. AutoZone is scheduled to report earnings on Tuesday morning. The stock price is about to end its fifth consecutive year of positive growth. The stock price has more than tripled during this period. AutoZone stock is up about 18% since the beginning of the year. AZO YTD Mountain AutoZone Year-to-date Stock Price References Campbell’s is also scheduled to release its quarterly results on Tuesday morning. This is the company’s first financial report since it defended its ingredients after leaked audio of a former executive suggesting its food was for “poor people.” Stocks are on track to record their worst annual performance since 2018. The stock is down more than 28% so far this year. CPB YTD Mountain Campbell Stock Price Year to Date A Year of Divergence in Cryptocurrencies For the first time since 2014, Bitcoin ended the year in the red while the S&P 500 is trending upwards. Bitcoin briefly fell below $90,000 on Monday. The S&P 500 index is up more than 16% year-to-date. Bitcoin will fall 3% in 2025. Natural gas prices fall Natural gas futures had their worst day since July. Prices fell on expectations of milder weather. Gas production stocks such as EQT and Expand Energy also fell. EQT fell 3% on Monday. However, the stock is up 27% since the beginning of the year. Expand Energy shares also fell 3%. The stock is up about 20% since the beginning of the year.
