Stock Movers Warner Bros., Spotify Jump; Robinhood Sinks Ahead of Earnings
Feb 10, 2026
Nora Melinda, Bloomberg Television markets correspondent who reports on major market movers. She breaks down Paramount Skydance’s enhanced bid for Warner Bros. Discovery and the fee sweetener. She highlights Spotify’s record 38 million user surge and its market impact. She previews Robinhood heading into after-hours earnings and analyst expectations.
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Hostile Offer Ups The Stakes
- Paramount Skydance amended its hostile offer to address Warner Bros. Discovery's concerns and cover a $2.8 billion termination fee tied to the Netflix deal.
- Nora Melinda says Warner Bros. Discovery will carefully review the offer while its board may demand a higher base bid to engage.
Spotify's User Surge Sparks Large Rally
- Spotify reported a record 38 million new listeners, pushing total users to 751 million and sending shares up sharply.
- Hosts note this was Spotify's largest share jump in nearly eight years, driven in part by Spotify Wrapped momentum.
Hosts' Spotify Wrapped Reactions
- Hosts banter about Spotify Wrapped and personal listening results to illustrate consumer engagement with the product.
- Tim Stenovec and Carol Massar use their Wrapped reactions to explain why Wrapped drives user enthusiasm.