Netflix Drops Warner Bros. Bid, Block Slashes Nearly Half Its Staff | The Opening Trade 2/27/2026

Netflix Inc. dropped out of the fight to buy Warner Bros. Discovery Inc., clearing the way for rival bidder Paramount Skydance Corp. to clinch its $111 billion deal for the historic Hollywood studio.

Jack Dorsey’s Block is cutting 4,000 employees, reducing its workforce by nearly half, in a move the financial technology firm is describing as a bet on artificial intelligence changing the future of labor productivity.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.

Chapters:
00:00:00 - The Opening Trade - 2/27/2026
00:01:02 - Credit Market Risks
00:04:07 - Block Slashes Staff On AI Bets
00:06:34 - Pressure On Starmer
00:10:24 - Daybook
00:15:18 - Fed’s Goolsbee Says Several Cuts Possible
00:24:43 - Greens Win UK By-Election
00:35:34 - French CPI
00:36:35 - Netflix Drops Warner Bros. Bid
00:39:19 - MLIV
00:42:48 - Stocks To Watch
00:47:24 - The Market Open
00:49:57 - Delivery Hero Faces Pressure In Its MENA Business
00:56:55 - IAG CEO Luis Gallego
01:03:43 - 01;03;43;15
01:05:47 - Kettner Slashes US Stock Exposure
01:13:42 - Need To Know: Pakistan-Afghanistan “Open War”
01:15:06 - Valeo CEO Christophe Périllat
01:22:27 - Name the Number
01:25:03 - Exclusive: CPPIB & Equinix Agree To Buy AtNorth in $4B Deal
01:30:25 - French & Spanish Inflation Quickens
01:33:23 - Weekend Teaser
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Видео Netflix Drops Warner Bros. Bid, Block Slashes Nearly Half Its Staff | The Opening Trade 2/27/2026 канала Bloomberg Television