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)
- NGNE (Neurogene Inc.): +32.42%
- CDIO (Cardio Diagnostics Holdings, Inc.): +25.67%
- CAI (Caris Life Sciences, Inc.): +20.43%
- XYZ (Block, Inc.): +19.57%
- 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)
- BFLY (Butterfly Network, Inc.): +112.39% (reported Q4 2025 financial results)
- RRGB (Red Robin Gourmet Burgers, Inc.): +33.06% (no notable news)
- 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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