Brian Stewart, our director of news at Seeking Alpha. Welcome to December 2025.

Great to be here.

Great to have you. Talk to us. What's top of mind for you this week?

Yeah, well, we're past Thanksgiving. There's snow on the ground. Christmas is a couple weeks away.

So we're kind of in a dead spot in terms of catalysts for the market.

A lot of the companies go into hibernation at this point, not wanting to make too much noise before the end of the year while they have the staff shortages that come along with the holidays.

Meanwhile, trading desks are also pretty light at this time of year, so you see volume go down.

So you kind of have to take whatever news comes your way and incorporate that into your investment thesis as best you can.

Today we got the news that Netflix is buying Warner Brothers for $72 billion.

It's the latest in the long string of the soap opera that is the Warner history in 2018.

It was bought by AT&T and then 2022 merged with Discovery and now being purchased by Netflix.

I was joking with Kim that is kind of the Liz Taylor of companies, you know,

just gets married eight times and keeps on going.

So we'll see what happens from here.

If you're bullish on the deal,

gives Netflix an edge in the streaming wars.

They're adding HBO Max.

It kind of remains to be seen how they're going to handle that,

whether they're going to have the two apps going to simultaneously

or whether they're going to try and integrate the HBO content into Netflix proper.

But I've seen some analysts say that this is the catalyst that Netflix needs

to jump into the big leagues,

...