Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

We finally made it to Friday, the final day of the trading week, and the final day of the trading month.

Today is Friday, February 27th. I'm Julie Morgan.

And just like that, Netflix announces that it will not raise its bid for Warner Brothers

Discovery after its board deemed a sweetened all-company takeover offer from Paramount Skydance

as superior.

The streaming company set a higher price for Warner Brothers was no longer financially attractive.

The revised Paramount offer was at a purchase

price of $31 per share in cash, a $1 increase from its earlier bid, which valued the company at

around $108 billion. Warner Brothers Discovery is contractually obligated to pay Netflix a $2.8 billion breakup fee for terminating

the original deal. Shares of Netflix closed Thursday session 2.3% higher and is 7% higher in

pre-market action. Warner Brothers Discovery is down 2% pre-market, while Peace Guy closed Thursday up 10% and is 9% higher ahead of

market open. Anthropic on Thursday said that the company cannot in good conscience allow the

Department of War to use its models in all lawful use cases without limitation, adding that the agency's threats do not change

its position. The CEO of Anthropic wrote in a statement about two use cases that are not part of

its contract with the department, and they say these should not be included, mass domestic

surveillance and fully autonomous weapons.

The AI startup has been engaged in tense negotiations with the Pentagon lately,

and it said Thursday that those discussions are still ongoing.

Defense Secretary Pete Hexeth has threatened to label Anthropic a supply chain risk or to invoke the Defense Production Act to force the

company to comply with its demands. The secretary met with the AI company at the Pentagon on

Tuesday and gave it until Friday evening to accept his agency's terms. Chief Pentagon spokesman

...