Samsung, Netflix, Disney: Trending stocks

Nvidia's (NVDA) deal to provide chips to South Korea lifts Hyundai (005380.KS), Samsung (005930.KS) and Naver (035420.KS) stocks. Netflix (NFLX) shares are up on a 10-to-1 share split and a report that the streaming giant is considering entering a bidding war with Paramount Skydance (PSKY) for Warner Bros Discovery (WBD). Also in streaming, Disney (DIS) channels including ESPN and ABC went dark on YouTube TV (GOOG, GOOGL) as a pricing dispute between the two companies remains unresolved. And Taylor Swift's publisher Universal Music (UMG.AS) ends a copyright lawsuit and announces a new AI music platform.

For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance.

Video Transcript

00:02 Speaker A

It's time now for today's trending tickers. Tech and media front and center this morning. and yes, even a little AI news from Taylor Swift's publisher.

00:11 Speaker A

But let's start in South Korea where Nvidia's latest expansion is already lifting tech stocks in Soul. The chipmaker will supply 260,000 uh 260,000 Blackwell AI chips to some of the country's biggest conglomerate, Hyundai, Samsung, SK Group and Naver.

00:33 Speaker A

The chips will power everything from smart factories and autonomous vehicles to semiconductor manufacturing. The chips um will also look to uh expand what we already know with the AI trade at large.

00:51 Speaker A

Samsung alone plans to deploy about 50,000 Nvidia GPUs for use in mobile devices, robotics, and new memory units for AI chips. Samsung shares are up over 100% this year as the company leans harder into artificial intelligence.

01:09 Speaker A

And over in Hollywood, Netflix is on the move. Shares are up about 3% in early trading after the company confirmed a 10 for one stock split, saying that it wants to make its shares more accessible to employees.

01:25 Speaker A

Also juicing the stock a bit this morning, Reuters is reporting that Netflix is preparing a bid for Warner Brothers Discovery's studio and streaming assets. The company has hired advisors to help shape that offer, which would pit Netflix against Paramount Skydance in what's shaping up to be a Hollywood bidding war.

01:46 Speaker A

And speaking of streaming showdowns, Disney's networks including ESPN and ABC went dark on YouTube TV overnight after the two sides failed to reach a new carriage deal before the midnight deadline.

02:00 Speaker A

Negotiations over pricing are still ongoing and neither company has said when service will ultimately resume.

02:08 Speaker A

And finally, a different kind of music industry headline involving AI. Universal Music, the publisher behind Taylor Swift, Kendrick Lamar and Olivia Rodrigo has settled its copyright dispute with the AI song generator Odeo.

02:24 Speaker A

And in a surprising twist, Universal is now partnering with Odio to build a licensed artist approved AI music platform set to launch next year.

View Comments