Billionaire George Soros showed interest in large banks and cloud computing companies in the second quarter, according to a submission to the Securities and Exchange Commission. In the quarter ended June 30, Soros Fund Management added a new 1.2 million stake in Bank of America Corp. BAC, + 0.45%, a …
Read More »Tepper’s appaloosa calls for new stakes in AT&T, Visa, PayPal, Disney and Mastercard
David Tepper’s fund Appaloosa took a number of new strikes in most communications services, technology and payment platforms over the past 45 days, according to regulatory filings filed with the Securities and Exchange Commission on Friday, known as 13Fs. Appaloosa has acquired more than 9 million shares in AT&T T, …
Read More »Trader Extra: Walt Disney and the End of Moviegoing; Is it time to sell Apple stock?
Text size Drew Angerer / Getty Images Mulan comes to Disney +, and how we can see movies change forever. That Walt Disney (ticker: DIS) made the decision to bring the much-delayed live-action remake of its 1998 animated feature to its Disney + subscription service should come as no surprise. …
Read More »Walt Disney and the End of Moviegoing
Text size Drew Angerer / Getty Images Mulan comes to Disney +, and how we can see movies change forever. That Walt Disney (ticker: DIS) made the decision to bring the much-delayed live-action remake of its 1998 animated feature to its Disney + subscription service should come as no surprise. …
Read More »Movie theaters won’t open soon. Studios need to change their playbooks.
Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
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