Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday.Gorman joined Disney’s board less than a year ago and was named the head of the succession planning committee in August. He will continue to lead that committee after he takes over as board chairman from Nike Executive Chairman Parker.”The Disney board has benefited tremendously from James Gorman’s expertise and guidance, and we are lucky to have him as our next chairman…
Author: usaeverydaylife
Check out the companies making headlines before the bell. Kenvue – The consumer health company jumped more than 8% after the Wall Street Journal said activist investor Starboard Value has taken a stake in the Johnson & Johnson spinoff . Boeing – Shares added 3.3% after the aircraft maker and its machinists’ union reached a new contract proposal that could end a month-long strike. The ratification vote on the proposal, which includes a 35% wage increase, is expected Wednesday. Warby Parker – The eyeglass retailer advanced nearly 5% on the heels of a Goldman Sachs upgrade to buy from neutral.…
Here are Monday’s biggest calls on Wall Street: Loop reiterates Apple as buy Loop says its channel checks show that Apple ‘s iPhone shipments are tracking “stronger than anticipated.” “Reiterating our Buy and $300 PT after the work of Loop Supply Chain Analyst John Donovan suggests that Sep Q iPhone shipments are tracking stronger than anticipated.” Piper Sandler reiterates Tesla as overweight Piper says it’s sticking with Tesla heading into earnings later this week. “The stock has fallen by ~15% since peaking prior to the [robotaxi] event, and the likelihood of additional downside will depend, in our view, largely on…
An undated capture taken from a video shows Fetullah Gulen, leader of a group that the Turkish government alleges was behind the defeated 2016 coup in Turkiye and has designated the Fetullah Terrorist Organization’s (FETO),. Social media accounts associated with the Fetullah Terrorist Organization (FETO) have claimed that the organization’s ringleader, Fethullah Gulen, has died. Anadolu | Anadolu | Getty ImagesThe U.S.-based cleric Fethullah Gulen, who built a powerful Islamic movement in Turkey and beyond but spent his later years mired in accusations of orchestrating an attempted coup against Turkish leader Tayyip Erdogan, has died. He was 83.Herkul, a website that…
Presidential candidate Prabowo Subianto, waves to photographers as he leaves after attending a dialog held by country’s anti-graft agency Corruption Eradication Commission (KPK) at its headquarters in Jakarta, Indonesia, January 17, 2024.Willy Kurniawan | ReutersIndonesia’s Prabowo Subianto on Sunday took over as president of the world’s third-largest democracy, vowing to combat internal issues such as corruption that plague the country and to make it more self-sufficient.The 73-year-old has undergone a remarkable transformation, from being a former military commander facing unproven allegations of rights abuses to sweeping the polls and now leading the country of 280 million people.Wearing a traditional black hat and navy suit…
Things are looking up for GE Vernova , according to Deutsche Bank. The firm initiated its coverage of the energy company with a buy rating and $354 price target, implying upside of nearly 30%. Shares of GE Vernova have surged 95% since the company was spun off from General Electric in April. Analysts are generally bullish the stock, with the majority of those covering the name rating it either as a strong buy or buy. GEV YTD mountain GEV YTD chart As a catalyst, analyst Nicole DeBlase cited a strong outlook in investments towards power generating assets. “This can be…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg | Getty ImagesLONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable agentic AI tools in September.At its “AI Tour” event in London on Monday, Microsoft revealed plans to allow organizations to create their own autonomous agents within Copilot Studio, the U.S. tech giant’s platform for customizing and building so-called “copilot” assistants.AI agents can act as virtual workers that…
Apple CEO Tim Cook delivers remarks before the start of an Apple event at the Apple headquarters in Cupertino, California, on Sept. 9, 2024.Justin Sullivan | Getty ImagesI tested the new hearing health features coming to Apple’s AirPods Pro 2 headphones, and they saved me a long-overdue trip to the audiologist. Apple unveiled the features during an event in September, and they will be publicly available through a free software update next week. Users can take a clinically validated hearing test with the AirPods Pro 2, and the buds will serve as an over-the-counter hearing aid if applicable. The headphones will…
NEW YORK — At long last, the New York Liberty are WNBA champions.Sunday’s Game 5 between the Liberty and Minnesota Lynx was far from New York’s most aesthetically pleasing game of the season, but style points aren’t awarded in winner-take-all affairs. Instead, the only number that matters is the final margin — a 67-62 Liberty overtime win — in crowning a champion.“One more (point) than the other team,” star New York guard Sabrina Ionescu said of what stat would be most important Sunday.Jonquel Jones led the Liberty with 17 points en route to being crowned the finals MVP. Breanna Stewart…
A row of traditional houses on a street in London’s Muswell Hill suburb, located to the north of London, with views of the Canary Wharf on the horizon.Georgeclerk | Istock | Getty ImagesAsking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting for clarity on tax changes in the new government’s upcoming budget. Asking prices rose by just 0.3% in October, well below their average for a 1.3% monthly increase for the month, property website Rightmove said. The number of homes…
