Paramount Skydance stock price pops in premarket as Netflix steps aside on Warner Bros deal

Here's a summary of the DailyEdge by TradeZero:

  • S&P 500: 6,908.86 (down 0.54%)
  • Dow Jones: 49,499.20 (up 0.034%)
  • NASDAQ: 22,878.38 (down 1.18%)
  • Market close: February 26, 2026

Breaking News

  • Paramount Skydance stock jumped roughly 9.5% in premarket, building on Thursday's 10% surge.
  • This follows Netflix backing away from bidding on Warner Bros. Discovery, deeming it "no longer financially attractive" at Paramount Skydance's price.

EdgeUp

  • Dell Technologies stock jumped ~10% after hours, targeting $50 billion in AI server revenue for fiscal 2027.
  • Duolingo shares tumbled ~24% premarket due to projected slower 2026 bookings growth as it prioritizes user growth over monetization "nudges."
  • MP Materials signed a significant rare-earths supply contract with an unnamed automaker for neodymium-praseodymium oxide, beating Q4 earnings estimates.
  • Brinks Co will acquire NCR Atleos for $6.6 billion (cash-and-stock), sending Brinks shares down 6% and NCR stock up 15%.
  • Kratos Stock is falling after pricing an underwritten public offering of 14.28M shares at $84.00 each, raising $1.17 billion for corporate purposes.

Friday Fact

  • Historically, market hours were introduced to manage order overflow.
  • Today, electronic trading extends activity to pre-market and after-hours, offering traders additional opportunities.

Top 5 Movers In Early Pre-Market (4:00 AM to 7:00 AM ET)

  1. NGNE (Neurogene Inc.): +32.42%
  2. CDIO (Cardio Diagnostics Holdings, Inc.): +25.67%
  3. CAI (Caris Life Sciences, Inc.): +20.43%
  4. XYZ (Block, Inc.): +19.57%
  5. AAOI (Applied Optoelectronics, Inc.): +19.20%

Today’s Economic Dates

  • 8:30 AM ET: Producer price index (Jan.)
  • 8:30 AM ET: Core PPI (Jan.)
  • 8:30 AM ET: Core PPI year over year (N/A)

Yesterday's Biggest Movers (Feb 26, 9:30 AM to 4:00 PM ET)

  1. BFLY (Butterfly Network, Inc.): +112.39% (reported Q4 2025 financial results)
  2. RRGB (Red Robin Gourmet Burgers, Inc.): +33.06% (no notable news)
  3. GCT (GigaCloud Technology Inc.): +33.05% (announced record Q4 2025 revenues and EPS)

Today’s Notable Earnings (Q4 2025, Before Market Open)

  • VIA (Via Transportation): Estimate: -0.140
  • FRO (Frontline): Estimate: 1.020
  • NIQ (NIQ Global Intelligence): Estimate: 0.280

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