Wall Street Breakfast Podcast: Netflix Dims Lion Hopes

Impact · against what's priced in

BMW and Lionsgate face immediate downward pressure. BMW's profit warning and guidance cut signal systemic weakness in China, while Lionsgate loses the speculative premium associated with a potential Netflix acquisition.

BMWKY−0.80

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In context

BMW issued a profit warning and sharply lowered margin and profit forecasts, citing geopolitical uncertainty and deteriorating conditions in China.

Read from the article alone

• m and a▲27%
• china▲23%
• guidance▲23%
• geopolitics
• BMWKY
• LION
• automotive