WTF happened in Japan’s bond market???
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny I barely have a social life. But fittingly, the one day that I hop on a flight for a girls’ trip to the Caribbean with my college roommate, the market melts down. You should have seen me desperately trying to connect to […]
Netflix revised their $27.75 / share offer for Warner Bros. to ALL CASH. Why Netflix’s stock price tanked…
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny While Jen was off living her best island life, there was a big development in the Netflix–Warner Bros. Discovery saga. LAST WEEK, Netflix announced that they were planning to revise their bid for Warner Bros. Discovery, shifting from a mix of cash […]
Why “Affordability” Measures…Might Make You Poorer
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny In a political environment where “affordability” has become the rallying cry for both parties, radical new policy changes are being proposed at both the local and federal level. The latest? President Trump’s call to cap credit card interest rates at 10% for […]
Rumor: Netflix may revise its offer for Warner Bros. Discovery to an all-cash deal
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny If you’re wondering why Netflix would change anything after seemingly “winning” the bidding war against Paramount Skydance (PSKY) and Comcast, you’re not alone. At first glance, it looks like Netflix already secured the deal. The Warner Bros. Discovery board accepted their offer, […]
Saying “So Long!” to the Long End?
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Global bond markets are repricing in response to structural changes that you may not understand…or, in some cases, ever even heard about. But I cannot stress enough how important it is for EVERYONE to understand what’s going on in the bond market. […]
Strategic vs. Financial Buyers: What the WBD / Paramount Drama Really Tells Us
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny If you’ve been following the news, you probably saw two headlines back-to-back. First: “Warner Bros. Discovery Rejects Paramount Bid.” That part wasn’t surprising. The reported $30-per-share offer was the same price WBD’s board had already rejected privately. Paramount simply tried to take […]
M&A Masterclass: When LBO meets Hostile Takeover
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Paramount vying with Netflix to buy Warner Brothers Discovery is all anyone can talk about. But there’s SO much the financial press is getting wrong — or missing altogether. We are breaking down EVERYTHING you need to know to be smart about the […]
Will our favorite HBO Max show Industry…be on Netflix soon!?!
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Netflix and Warner Bros. Discovery have entered into a definitive agreement under which Netflix will acquire WBD’s content and streaming/studio business, specifically: HBO, HBO Max, Warner Bros. film & TV studios, and their extensive film and TV library. The deal is priced at […]
Is the AI Boom a Bubble? Michael Burry Weighs In
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Burry was one of the first major investors to short subprime in size leading up to the 2008 crisis. His story ran alongside Steve Eisman’s in The Big Short (check out our interview with Eisman from earlier this year!). Now Burry is loudly […]
Special Report: Is Private Credit Past its Peak?
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Much ado is being made in the headlines about Private Credit these days. Are we at or past peak for an asset class that has become the darling of investors over the past few years? Or do greater things lie ahead? Perhaps it […]