02:57 PM EDT, 09/16/2025 (MT Newswires) -- GD Culture Group ( GDC ) said Tuesday it has struck a share exchange deal to acquire Pallas Capital's assets, including 7,500 bitcoin, for about 39.2 million GD shares.

GD shares slumped about 29% as intraday trading volume rose to over 737,000 from a daily average of about 115,000.

Bionano Genomics ( BNGO ) shares sank 39% after it priced its public offering of shares and warrants to raise about $10 million.

More than 10.3 million shares traded intraday, compared with a daily average of about 199,000.

Warner Bros. Discovery ( WBD ) shares were down over 6% after

TD Cowen downgraded the stock to hold from buy, with over 65 million shares traded versus a daily average of about 70 million.

Separately, Walt Disney ( DIS ) , Warner Bros., and Comcast's ( CMCSA ) Universal jointly sued Chinese AI company MiniMax in federal court on Tuesday for allegedly stealing their intellectual property to build its video-generating service Hailuo AI, according to media reports. The three companies did not immediately reply to requests for comment from MT Newswires.

Price: 6.98, Change: -2.75, Percent Change: -28.23