Disney Stock Jumps On $1B OpenAI Investment And Sora Licensing Deal
Disney shares gained after the company announced a $1 billion investment in OpenAI and a new licensing deal that will allow AI-generated videos featuring more than 200 Disney, Marvel, Pixar, and Star Wars characters.
Fed’s “Hawkish” Rate Cut Raises New Questions For Policy Outlook
The Federal Reserve cut interest rates by a ¼-point yesterday, as expected.