According to @garyblack00, citing the New York Post, PSKY is likely to raise its offer for WBD by 10% to $33 per share, creating a higher reference price for merger-arbitrage trading levels (New York Post). The New York Post report also notes WBD would owe a $2.8 billion breakup fee to NFLX if it ends their merger talks and references prior terms of a $30 per share cash bid from PSKY and a $27.75 per share cash-and-stock proposal from NFLX (New York Post; @garyblack00).

According to @garyblack00, unsupervised autonomy is becoming table stakes for automakers, with GOOG at about 450,000 completed unsupervised autonomous rides per week and BIDU at about 250,000 per week, positioning TSLA, GOOG, and BIDU as current leaders; source: @garyblack00 on X, Dec 11, 2025. He adds that RIVN, PONY, WRD, and AMZN are expected to launch unsupervised autonomous ride-hailing platforms in 2026, framing 2026 as a key competitive timeline; source: @garyblack00 on X, Dec 11, 2025. The post does not discuss cryptocurrency market impacts; source: @garyblack00 on X, Dec 11, 2025.

According to @garyblack00, the Fed cut short term rates by 25bp to a 3.5-3.75% target range, marking a third consecutive reduction (source: @garyblack00). According to @garyblack00, policymakers projected just one rate cut in 2026, pointing to a slower easing trajectory ahead (source: @garyblack00). According to @garyblack00, the decision passed 9-3, the most dissents since 2019, highlighting divisions over labor market weakness versus stubborn inflation risks (source: @garyblack00). According to @garyblack00, the FOMC statement reverted to phrasing on the extent and timing of additional adjustments, mirroring language used last December before a pause and suggesting greater uncertainty about the next move (source: @garyblack00). According to @garyblack00, officials authorized fresh purchases of short-term Treasuries starting next week to maintain ample reserves, characterized as QE light (source: @garyblack00). According to @garyblack00, Austan Goolsbee and Jeff Schmid preferred to hold rates, while Governor Stephen Miran dissented for a 50bp cut (source: @garyblack00). According to @garyblack00, this is not a hawkish cut given QE light, a liquidity signal that risk-asset traders, including crypto market participants, will weigh in positioning and sentiment (source: @garyblack00).

According to Gary Black, WBD rose 4.4% to $29.50 and is likely to move higher as PSKY raises its bid above the prior $30 per share cash offer, source: Gary Black on X, Dec 10, 2025. He reports NFLX submitted a $27.75 per share proposal composed of $23.25 cash and $4.50 stock, deemed superior by WBD’s Board because it excludes the global network business slated for a spin-off that NFLX values at $3 per share, source: Gary Black on X, Dec 10, 2025. He adds that PSKY’s $30 per share cash bid covers the entire company including the global network business, source: Gary Black on X, Dec 10, 2025. He also notes the NFLX route faces regulatory headwinds given approximately 36% industry concentration for a combined NFLX/Paramount streaming business, source: Gary Black on X, Dec 10, 2025. No direct cryptocurrency market impact was cited, source: Gary Black on X, Dec 10, 2025.

According to Gary Black, equities slipped ahead of a widely expected 25bp Fed rate cut and an updated dot plot that he expects to indicate two additional cuts in 2026, shaping risk appetite across assets, source: Gary Black. According to Gary Black, WBD extended gains as investors anticipate bidding to exceed the existing $30 per share cash offer from PSKY, source: Gary Black. According to Gary Black, NVDA wavered as Chinese authorities considered whether to allow domestic tech firms to purchase Nvidia’s H200 chips following President Trump’s decision to resume their export to China, source: Gary Black. According to Gary Black, AVAV fell as the 43-day U.S. government shutdown shifted order activity into later 2026 despite strong demand, source: Gary Black. According to Gary Black, TSLA rose after Elon Musk said Tesla had pretty much solved unsupervised Full Self-Driving and reiterated that driverless Robotaxis would be available in Austin in three weeks, source: Gary Black; statement source: Elon Musk. For crypto traders, liquidity-sensitive assets like BTC and ETH may see cross-asset beta moves around the Fed decision and AI-chip headlines highlighted by Gary Black, source: Gary Black.

According to Gary Black, he shared a document containing comments from the UBS conference held on Dec 8 that pertain to Netflix (NFLX) and Warner Bros. Discovery (WBD), highlighting these tickers for trader review. Source: Gary Black on X (Dec 9, 2025). The post provides a primary-source link for the UBS conference commentary but does not disclose specific KPIs, guidance, or numerical takeaways within the tweet itself. Source: Gary Black on X (Dec 9, 2025). The source does not reference any cryptocurrency assets or crypto market impacts in the shared note or tweet. Source: Gary Black on X (Dec 9, 2025).

According to @garyblack00, TSLA fell 3.4% yesterday mainly because MS downgraded the stock to Hold from Buy, which pressured the multiple; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720. He adds that investors are questioning whether Optimus is being tele-operated rather than AI-driven, which would limit scalability; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720. He further argues that if Robotaxis require one-to-one safety monitors, the model is not scalable and TSLA should not trade at a 2026 P/E near 200x versus long-term consensus EPS growth of 35%; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720.

According to @garyblack00, yesterday’s TSLA decline was driven primarily by Morgan Stanley downgrading TSLA to Hold from Buy, which he identifies as the dominant factor, source: @garyblack00. According to @garyblack00, investors are also questioning whether Optimus is being tele-operated from afar rather than being AI-driven, raising concerns that the platform is not scalable, source: @garyblack00. According to @garyblack00, the same scalability issue applies to Robotaxis if each vehicle requires a safety monitor, weakening the economic model, source: @garyblack00. According to @garyblack00, these concerns can pressure the AI-driven optionality premium in TSLA’s valuation and near-term sentiment until scalable autonomy is demonstrated, source: @garyblack00.

According to @garyblack00, Paramount has launched a hostile $30 per share all-cash offer for all of WBD, which he says would face fewer regulatory issues than NFLX’s $27.75 per share bid comprised of $23.25 cash and $4.50 in NFLX stock, with the Ellison-backed PSKY proposal offering $18 billion more in cash, likely closing faster, and covering all of WBD including the global networks being spun off while the NFLX offer imputes $3 per share to that spinoff; source: Gary Black on X, Paramount investor relations ir.paramount.com/node/72176/pdf. He adds that this competitive pressure could push NFLX to raise its offer for WBD, and the source cites no direct cryptocurrency market impact; source: Gary Black on X.

According to @garyblack00, traders are assigning a 95% probability to a 25 bp Fed rate cut this Wednesday, with the dot plot expected to show two additional rate cuts in 2026. According to @garyblack00, $NFLX is recovering pre-market after President Trump said Sunday that Netflix’s bid to buy Warner Bros Discovery’s TV and film assets could be a problem due to market dominance concerns. According to @garyblack00, $TSLA is down about 1.5% pre-market after Morgan Stanley analyst Andrew Percoco downgraded the stock to Equal-Weight from Overweight, saying non-auto catalysts are already priced in. According to @garyblack00, a new Optimus video on social media raised questions about whether a TSLA robot serving waters at a Miami event was tele-operated.

According to @garyblack00, a Bloomberg story this morning was pushing TSLA lower, adding pressure to the stock. According to @garyblack00 referencing a video from Tesla’s Miami autonomy-visualized event, an Optimus unit mimicked removing a non-existent headset and then fell to the ground as if powered down, raising questions about tele-operation versus AI-driven autonomy (source: @garyblack00; video: @cixliv on X). According to @garyblack00, @cixliv asserted the clip shows tele-operation, and @garyblack00 noted that if Optimus is tele-operated it would not be scalable because it would require a human tele-operator per robot (source: @garyblack00; @cixliv on X). According to @garyblack00, Elon Musk previously claimed Optimus movements were AI-driven and said the robot could represent 80% of Tesla’s future value, amplifying valuation sensitivity to autonomy doubts (source: @garyblack00). According to @garyblack00’s post, no crypto assets or token-market impacts were mentioned.

According to @garyblack00, Tesla shares slipped about 1.2% in premarket after Morgan Stanley cut TSLA to Equal-Weight from Overweight, citing downside risk to consensus and non-auto catalysts largely priced in; the bank set a $425 price target, 6.6% below the last close, and added $60 per share of equity value for the Optimus business, source: Bloomberg; Morgan Stanley research. Andrew Percoco assumed TSLA coverage as Adam Jonas shifted to cover AI stocks at the firm, source: Bloomberg. TSLA trades near 198x forward earnings versus 26x for the Nasdaq 100, highlighting a valuation premium, source: Bloomberg. Analyst breadth tracked by Bloomberg shows 28 Buys, 19 Holds, and 16 Sells with an average TSLA price target of $387.94, source: Bloomberg. For traders, the downgrade alongside an elevated multiple increases de-rating risk in high-beta tech, a backdrop historically associated with weaker BTC and ETH during risk-off periods, source: Kaiko cross-asset correlation research.

According to Gary Black, market pricing implies a 95% probability of a 25 bp Fed funds rate cut on Wednesday to 3.5–3.75%, with two additional 25 bp cuts expected in March and June 2026, and Powell likely to lean hawkish at the press conference to appease FOMC inflation hawks, source: Gary Black (X, Dec 7, 2025). He states that National Economic Council Director Kevin Hassett is the frontrunner for the next Fed chair and could join as soon as February, potentially rendering Powell a lame duck for the final months of his chairmanship, source: Gary Black (X, Dec 7, 2025). Black adds that Hassett is a known dove, likely lifting inflation expectations, which he cites as a reason the 10-year Treasury yield has risen in recent weeks, source: Gary Black (X, Dec 7, 2025). For crypto traders, easing policy and rising inflation expectations have historically coincided with stronger performance in liquidity-sensitive risk assets, including BTC and ETH, when real yields fall, source: ARK Invest, Big Ideas 2023; Federal Reserve, Financial Stability Report 2023.

According to @garyblack00, CNBC reported on Dec 5, 2025 that Paramount Skydance (PSKY) is evaluating a higher all-cash offer for Warner Bros. Discovery (WBD) after its prior $30 per-share bid, which included a $5 billion breakup fee to address regulatory risk (source: CNBC via @garyblack00 on X). According to CNBC, Paramount alleges Warner Bros. did not properly consider the $30 cash offer and is weighing a direct appeal to WBD shareholders with an improved bid potentially above $30 (source: CNBC). According to CNBC, WBD shares rose about 3% to $25.37 after the report, implying roughly 18% upside to $30 and about 26% to a hypothetical $32 based on CNBC’s cited price (source: CNBC). According to @garyblack00, if PSKY lifts the bid to $32 all cash, both WBD (cited at $25.75) and Netflix (NFLX, cited at $99.70) could move higher as investors discount lower odds of NFLX winning (source: @garyblack00 on X). According to CNBC, the potential move to go directly to shareholders represents a near-term corporate action catalyst that merger-arbitrage desks can trade against the reported price levels and offer terms (source: CNBC). According to CNBC, the report contains no crypto-related disclosures for PSKY, WBD, or NFLX, indicating no direct cryptocurrency linkage in this event setup (source: CNBC).

According to Gary Black, Netflix (NFLX) has emerged as the buyer of Warner Bros. Discovery (WBD) with a cash/stock offer valued at $27.75 per share, financed with an 85% cash and 15% stock mix. Source: Gary Black on X. According to Gary Black, dilution to NFLX is expected to be minimal, with an estimated after-tax cost of debt near 4.0%, current after-tax cash returns on acquired assets of 5.0–5.5%, and management cost synergies projected at $2–$3 billion per year. Source: Gary Black on X. According to Gary Black, offsetting the $82.7 billion enterprise value (including assumed net debt) would require roughly a $1.50 per month price increase per Netflix subscriber over a 10-year asset life. Source: Gary Black on X. According to Gary Black, the transaction is expected to close in 3Q 2026 after a spinoff of WBD’s global networks division and be accretive to NFLX GAAP EPS by year two. Source: Gary Black on X; Netflix company announcement linked by Gary Black. According to the source, neither the analysis nor the company announcement mention cryptocurrencies or tokenization, so no direct crypto market impact was stated. Source: Gary Black on X; Netflix company announcement.

According to @garyblack00, legacy automakers will allow their EVs to charge on Tesla’s Supercharger network but will not cede control of full self-driving capabilities to Tesla, positioning EVs and unsupervised autonomy as table stakes for remaining competitive, with each manufacturer developing its own EV and autonomous stack. Source: @garyblack00 on X, Nov 25, 2025. According to @garyblack00, the delineation implies collaboration on charging interoperability but competition on autonomy control, which frames investor focus on charging access rather than Tesla taking control of third-party autonomy systems; no direct crypto or blockchain market linkage was cited. Source: @garyblack00 on X, Nov 25, 2025.

According to @garyblack00, NVDA is down 3.5% pre-market after reports that META is in talks to spend billions on Google’s new TPU AI chips for 2027 data center deployments (source: @garyblack00). According to @garyblack00, the potential agreement would establish TPUs as a viable alternative to Nvidia’s GPUs that currently power leading AI platforms from Meta to OpenAI, implying rising competitive pressure on NVDA’s AI compute dominance (source: @garyblack00). According to @garyblack00, GOOG is up 4.2% pre-market after announcing last month a deal to supply up to 1 million chips to Anthropic, underscoring longer-term headwinds to Nvidia’s market position as customers diversify AI hardware suppliers (source: @garyblack00).

According to @garyblack00, this has been the worst week for crypto since the April tariff tantrums, source: @garyblack00. According to @garyblack00, Bitcoin (BTC) is on track for its worst monthly performance since 2022, shedding about a quarter of its value in November, source: @garyblack00. According to @garyblack00, BTC’s volatility and lack of cash flow make it unsuitable as a safe haven, while gold continues to trade near record highs, source: @garyblack00.

According to Gary Black, the S&P 500 posted a 3.6% intraday reversal, the biggest since April, while multiple Fed speakers continued to talk down the prospect of another 25 bp cut in December; a stronger September employment gain of 119K, the highest since April, cemented a no rate cut outlook for December. Source: Gary Black, Nov 20, 2025.

According to Gary Black, TSLA fell 5.4% today and 2.1% yesterday as analysts reduced both short- and long-term earnings estimates amid weak Tesla EV demand in China and Europe (source: Gary Black on X, Nov 13, 2025). He adds that earnings from robotaxi and the Optimus humanoid will take time to materialize, limiting near-term support to EPS and valuation multiples (source: Gary Black on X, Nov 13, 2025). He also notes that ARKK fund selling is adding incremental pressure to TSLA, reinforcing near-term headwinds for the stock per his view (source: Gary Black on X, Nov 13, 2025).