📱 Netflix offered $82 billion. Then Paramount threw down a $108.4 billion all-cash bid to buy all of Warner Bros. Discovery 🤯

Warner struck a preliminary deal with Netflix that values the studio + streaming assets at about $82.7 billion including debt. Paramount’s bid raises that total by more than $25 billion and includes all assets, with streaming, film studios, and even the cable networks like CNN, TNT and TBS.

— TON has dropped sharply over the past year, with its yearly loss now nearing 72%, but the chart is starting to show early signs of a possible reversal. Recent selling pressure, especially from large Asian players, pushed volume about 40% above normal and forced the price through several key supports, which has shaken market sentiment.

Right now, TON is at a crucial zone: holding the support area near 1.60 dollars and breaking above roughly 1.63 would signal a potential trend change, while a clear move below support could open the way to new lows. Even after this correction, TON still has room to surprise the market—both to the upside if buyers step in, and to the downside if support fails.