On this episode of Stock Movers: - MGM Resorts International (MGM) shares are rising on a report regarding a potential takeover bid from Barry Diller. - SK Hynix (SKHY) shares are lower and other memory stocks are also falling. It is lower over concerns with the sustainability of artificial-intelligence spending. The drop in South Korean trading is likely to cause a hit to the American depositary receipts as well. The debate between the optimists and pessimists will continue, which should create volatility, according to Hendi Susanto, portfolio manager at Gabelli Funds. - Agenus (AGEN) shares are moving higher on news of a deal that it's selling up to $3540 million worth of securities. (Source: Bloomberg)

MGM Resorts International is engaged in deal talks with Barry Diller’s People Inc. after the entertainment mogul offered to acquire the part of the casino company he doesn’t already own, the Wall Street Journal reported.

Bloomberg Intelligence's Jody Lurie joins Scarlet Fu on "Bloomberg Deals." Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn’t already own, marking the latest pivot for the billionaire media mogul after overhauling IAC. (Source: Bloomberg)

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Emily Graffeo and Tim Stenovec. (Source: Bloomberg)

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the Middle East. On today's show, Georgia Tech Professor Adam Stulberg, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Bluestack Strategies Founder Maura Gillespie and Decision Tree Research Founder and CEO Gregory Allen. (Source: Bloomberg)

On this episode of Stock Movers with Alexis Christoforous: - Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. - Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times’ DealBook reported that Barry Diller’s People Inc. is preparing an offer to buy its unowned portion of the casino giant at an $18 billion valuation. - Shares of IBM (IBM) jumped in the early session after a video of President Trump praising the company’s CEO and discussing the stock at a December event recirculated on social media over the weekend. In the clip, Trump says IBM CEO Arvind Krishna had “taken the stock from a rather low price to a very nice price.” (Source: Bloomberg)

Blackstone Inc. is selling a preferred equity stake in the CityCenter Las Vegas complex to Realty Income Corp. in a deal that lets the alternative asset manager cash in on its investment while retaining control of the property.