EPISODE · Feb 28, 2026 · 1 MIN
02-28-2026 | Major deals, rising inflation, federal tech shift and record AI funding reshape markets
from Bobbie Cast · host Bobbie Cast
COMPANIES. PARAMOUNT TO BUY WARNER BROS DISCOVERY FOR ONE HUNDRED TEN BILLION DOLLARS. Paramount Skydance agreed to acquire Warner Bros Discovery in a deal valued at ONE HUNDRED TEN BILLION DOLLARS, including about EIGHTY ONE BILLION DOLLARS in equity. Netflix withdrew from the bidding. The companies target SIX BILLION DOLLARS in cost savings. Regulators in the United States and Europe will review the merger. THE ECONOMY. U.S. PRODUCER PRICES RISE ZERO POINT FIVE PERCENT IN JANUARY. The Producer Price Index increased ZERO POINT FIVE PERCENT month over month and TWO POINT NINE PERCENT year over year. Services led the gain while goods slipped. The data adds pressure on the Federal Reserve to delay interest rate cuts and keep policy restrictive. POLITICS. PRESIDENT ORDERS HALT TO ANTHROPIC USE. The President directed federal agencies to stop using technology from Anthropic and asked the Pentagon to label the company a supply chain risk, affecting contracts and procurement. INNOVATION. OPENAI SECURES ONE HUNDRED TEN BILLION DOLLAR FUNDING ROUND. OpenAI closed a ONE HUNDRED TEN BILLION DOLLAR funding round with participation from Amazon and expanded its partnership with Amazon Web Services, committing significant artificial intelligence computing capacity to the cloud provider.
What this episode covers
COMPANIES. PARAMOUNT TO BUY WARNER BROS DISCOVERY FOR ONE HUNDRED TEN BILLION DOLLARS. Paramount Skydance agreed to acquire Warner Bros Discovery in a deal valued at ONE HUNDRED TEN BILLION DOLLARS, including about EIGHTY ONE BILLION DOLLARS in equity. Netflix withdrew from the bidding. The companies target SIX BILLION DOLLARS in cost savings. Regulators in the United States and Europe will review the merger. THE ECONOMY. U.S. PRODUCER PRICES RISE ZERO POINT FIVE PERCENT IN JANUARY. The Producer Price Index increased ZERO POINT FIVE PERCENT month over month and TWO POINT NINE PERCENT year over year. Services led the gain while goods slipped. The data adds pressure on the Federal Reserve to delay interest rate cuts and keep policy restrictive. POLITICS. PRESIDENT ORDERS HALT TO ANTHROPIC USE. The President directed federal agencies to stop using technology from Anthropic and asked the Pentagon to label the company a supply chain risk, affecting contracts and procurement. INNOVATION. OPENAI SECURES ONE HUNDRED TEN BILLION DOLLAR FUNDING ROUND. OpenAI closed a ONE HUNDRED TEN BILLION DOLLAR funding round with participation from Amazon and expanded its partnership with Amazon Web Services, committing significant artificial intelligence computing capacity to the cloud provider.
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02-28-2026 | Major deals, rising inflation, federal tech shift and record AI funding reshape markets
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