Warner Bros. Discovery Weighs Its Next Move
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Warner Bros. Discovery has turned down an initial takeover offer from Paramount Global, deeming it too low. The proposed deal was around $20 per share, which Warner Bros. rejected in recent weeks, according to Bloomberg News .
Broadcom ( AVGO ) stock popped after the chipmaker and OpenAI announced a partnership for 10 gigawatts of custom AI accelerators. Shares of fellow chipmakers Advanced Micro Devices ( AMD ), Nvidia ( NVDA ), and ON Semiconductor ( ON) also rose.
Fintel reports that on October 16, 2025, Wells Fargo maintained coverage of Warner Bros. Discovery (NasdaqGS:WBD) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 18.03% Downside As of September 30,