FTEL Jumps 41% on $3M Buyback Announcement

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Fitell Corporation (FTEL) spiked 41% in a single session after announcing a $3 million share repurchase program—a sizable commitment relative to its float and a clear signal of management confidence. The 24-month buyback will be funded through existing cash and operating cash flow, with leadership explicitly stating that FTEL’s current valuation doesn’t reflect its progress in e-commerce, AI-driven robotics, and digital operations. The move tightened supply, boosted sentiment, and positioned FTEL as a high-momentum name heading into year-end.

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WBD +6.2% on Exclusive Netflix Deal Talks — Alerted via Billion-Dollar Contract Scenario

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Warner Bros. Discovery (WBD) jumped 6.2% after news that the studio has entered exclusive negotiations to sell its film and TV studios — including HBO, HBO Max, and its full content library — to Netflix. The deal is massive in scope: Netflix is reportedly offering a $5 billion breakup fee, signaling how aggressively it wants to close. If completed, Netflix would instantly become owner of HBO, DC Studios, Harry Potter, Friends, and Warner’s entire Burbank production complex.
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This headline was delivered to LevelFields users through the Billion-Dollar Contract scenario.
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The transaction would represent one of the biggest entertainment mergers in decades, joining the world’s largest paid streaming platform with one of Hollywood’s oldest studios. It also shifts the competitive landscape: Paramount and Comcast have been outbid, Paramount has already called the process “tainted,” and regulators in the US and Europe are expected to scrutinize the combined entity’s market power.
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Warner Bros. formally put itself up for sale in October, and a deal could be announced within days if talks don’t fall apart. Netflix shares dipped slightly on the news, while WBD rallied on expectations of a premium valuation and a clearer long-term path after years of balance-sheet strain.

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