Entertainment
Netflix shares slide amid Warner Bros. acquisition concerns
Netflix shares have been under pressure since late June, with selling intensifying in October after the company emerged as a potential buyer of Warner Bros. Discovery.
Since June 30, Netflix stock has fallen roughly one-third from its peak.
The stock recently hit its lowest intraday level since April, dropping about 2% on Friday, according to GuruFocus.
Despite the decline, Netflix trades at roughly 28 times expected earnings for the next 12 months, higher than streaming rivals Disney, Amazon, and Alphabet, as well as the S&P 500 and Nasdaq 100.
However, this remains below its five-year average multiple of 34.
Investors are focused more on deal uncertainty than Netflix’s day-to-day operations. The stock fell 10% on October 22, its worst single-day drop in over three years, following earnings that raised concerns about future growth.
Attention then shifted to the potential $82.7 billion Warner Bros. acquisition, with shareholders worried about the high cost and Netflix’s lack of experience with large mergers.
Warner Bros. recently rejected a bid from Paramount Skydance, which later confirmed a $30-per-share offer but faces financing challenges, GuruFocus reported. Since June, Netflix has become the fourth-worst performing stock in the Nasdaq 100.
Opinions on Netflix’s valuation remain divided. Some investors see opportunity if the acquisition happens near the current price, while others worry about integration risks and Warner Bros.’ heavy debt.
Christopher Brown of Synovus Securities highlighted Netflix’s price-earnings-to-growth ratio of just over one, noting, “This measure looks more balanced than simple valuation ratios.”
He added the stock could rebound to $102.50–$109.70 if Netflix meets or beats fourth-quarter guidance.
Netflix is set to report earnings on January 20, with Wall Street expecting adjusted earnings of 56 cents per share on revenue of $12 billion.
Broader tech sentiment has been boosted by gains at other companies, including Alphabet, which is nearing a $4 trillion market value.
Entertainment
Al Jazeera broadcast interrupted by emergency missile alert in Qatar
Al Jazeera English’s live broadcast was interrupted by an emergency missile alert following Iran’s retaliatory strikes on U.S. bases in the Middle East.
The media outlet shared the video of the incident on TikTok, which quickly went viral, amassing over 12 million views in just a few hours.
The 42-second video clip shows a guest speaking with anchor Folly Bah Thibault when their conversation suddenly gets interrupted by buzzer alarm sounds.
Folly explained that it was the emergency alert residents in Doha receive on their phones during urgent situations.
She added, “The national emergency alert system has gone off here in Qatar,” and quoted the Qatar Defence Ministry, stating that an Iranian missile had been intercepted.
This comes after Iran retaliated against the U.S.-Israel strikes dubbed Operation Epic Fury by the U.S. and Operation Roaring Lion by Israel.
Iran launched barrages of missiles at the U.S. bases across the Middle East, including in Qatar, Saudi Arabia, United Arab Emirates (UAE), Kuwait, and Jordan.
Netizens praised the anchor for keeping her composure in an emergency situation. One user commented, “The interviewer lady is so professional, she’s the best.” Another said, “How is she so calm?”
A third user expressed disbelief, writing, “I cannot believe this is happening. It is terrifying.”
Entertainment
Govt increases petrol price by Rs8 per litre for next fortnight
- Petroleum Division notifies new prices.
- Petrol price set at Rs266.17 per litre.
- Diesel raised by Rs5.16 to Rs280.86 per litre.
The federal government increased the price of petrol by Rs8 per litre for the next fortnight, starting from March 1.
In a notification, the Petroleum Division announced that the price of petrol has been increased to Rs266.17 per litre, up from Rs258.17.
Similarly, the price of diesel has been raised by Rs5.16 to Rs280.86 per litre, compared with the previous rate of Rs275.7.
Petrol is mainly used by commuters in small vehicles, rickshaws and two-wheelers. Higher fuel prices significantly impact the budgets of middle and lower-middle class households, who rely on petrol for daily travel.
On the other hand, a significant portion of the transport sector relies on high-speed diesel.
Its price is considered inflationary since it is predominantly used in heavy goods transport vehicles, trucks, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers.
The consumption of high-speed diesel particularly contributes to the increased prices of vegetables and other food items.
Entertainment
King Charles’ ‘trusted’ hand hosts Central Asian leaders in London
The Duke of Edinburgh hosted an elegant luncheon at Lancaster House on February 25, bringing together the foreign ministers of Central Asia in a rare gathering.
The event saw ministers from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan convene under one roof, with HRH at the centre of discussions highlighting the UK’s ongoing engagement with the region.
The luncheon wasn’t also served as an inspiring platform for young Central Asian students, who were given the opportunity to meet the Duke and hear firsthand about the UK’s initiatives in education, cultural exchange, and international collaboration.
Programs such as Chevening, El‑Yurt Umidi, and the Oxford Hub were spotlighted as pillars supporting talent, leadership, and global connections in the region.
Duchess Sophie’s husband engaged warmly with attendees, fielding questions from both ministers and students alike.
Joining HRH were the five Central Asian foreign ministers alongside Lord Alderdice, adding an extra layer of gravitas to a luncheon that blended diplomacy, education, and international friendship.
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