|
The Daily Bell (US Edition) • 2 Apr, 2024
|
Hey there, financiers! Grab your popcorn 🍿 – Disney's epic proxy fight is about to reach its climax! Activist investor Nelson Peltz has been swinging his sword for a board shake-up, and the results are due to be announced at Disney's annual stockholders meeting. Will Peltz's battle cries for change win him and ex-Disney CFO Jay Rasulo seats on the board, or will CEO Bob Iger's crew hold the fort?
This isn't just about rearranging the deck chairs on the Disney ship 🚢. Peltz and his squad are concerned about Disney's future as it tries to ride the streaming wave 🌊, and with Iger's contract expiring in 2026, who will be the new captain? Disney says they're working on it, but Peltz wants proof.
It's a real-life Game of Thrones, folks! Will Peltz's allies, including Californian pension fund CalPERS and investment firm Yacktman Asset Management, tip the scales in his favor? Or will the backing of ValueAct Capital and "Star Wars" creator George Lucas keep Disney's current board in power? Stay tuned for the big reveal! 
* Was this email forwarded to you? Sign up to receive future editions.
|
|
Premarket Futures
|
S&P 300
5,290.25
↑ 0.01%
|
|
|
Dow Jones
39,781.00
↑ 0.05%
|
|
|
Nasdaq
18,480.50
↑ 0.01%
|
|
|
Russell 2K
2,123.70
↑ 0.01%
|
|
|
Crude Oil
85.17
↑ 1.27%
|
|
|
Gold
2,282.90
↑ 0.45%
|
|
Major Indices
|
VIX
13.70
↓ -0.44%
|
|
|
FTSE 100
7,979.75
↓ -0.16%
|
|
|
DAX
18,499.47
↓ -0.21%
|
|
|
Euro Stoxx
5,102.95
↓ -0.09%
|
|
|
Nikkei 225
39,846.18
↓ -0.14%
|
|
|
Hang Seng
16,931.52
↑ 0.71%
|
|
US Bonds Yield
|
5-Years
4.34
↑ 2.38%
|
|
|
10-Years
4.33
↑ 2.00%
|
|
|
30-Years
4.47
↑ 1.52%
|
|
|
• • •
|
Happening today
| ✓ | 10:00 am – Factory orders; Job openings |
|---|
| ✓ | 10:10 am – Fed Governor Michelle Bowman speaks |
|---|
| ✓ | 12:05 pm – Cleveland Fed President Loretta Mester speaks |
|---|
| ✓ | 1:30 pm – San Francisco Fed President Mary Daly speaks |
|---|
| ✓ | TBA – U.S. auto sales |
|---|
IPOs Today:| ✓ | Massimo Group (designated ticker: MAMO) @ $4.0-$5.0/share |
|---|
| ✓ | Zhibao Technology (designated ticker: ZBAO) @ $4.0-$6.0/share |
|---|
Premarket Movers & Shakers
|
Top Gainers
|
|
|
|
| NAME |
LAST |
VOL |
CHG |
TKO
TKO Group Holdings Inc.
|
89.95 |
17 |
3.77
4.37%
|
NWL
Newell Brands Inc.
|
8.16 |
84 |
0.32
4.08%
|
AMC
AMC Entertainment Holdings Inc. Cl A
|
3.24 |
14.88K |
0.1
3.18%
|
LSXMA
Liberty Media Corp. Series A Sirius XM
|
29.95 |
1 |
0.64
2.18%
|
FWONA
Liberty Media Corp. Series A Liberty Formula One
|
59.77 |
2 |
1.17
2%
|
|
Top Losers
|
|
|
|
PVH
PVH Corp.
|
105.4 |
5.7K |
-34.33
-24.57%
|
HUM
Humana Inc.
|
319.8 |
651 |
-31.65
-9.01%
|
CVS
CVS Health Corp.
|
75.47 |
36.21K |
-4.09
-5.14%
|
UNH
UnitedHealth Group Inc.
|
470.77 |
1.48K |
-18.93
-3.87%
|
RL
Ralph Lauren Corp. Cl A
|
177.82 |
181 |
-6.8
-3.68%
|
|
Most active
|
|
|
|
TSLA
Tesla Inc.
|
172.95 |
101.02K |
-2.27
-1.3%
|
MU
Micron Technology Inc.
|
125.97 |
83.87K |
1.67
1.34%
|
COIN
Coinbase Global Inc.
|
245.05 |
49.4K |
-7.06
-2.8%
|
PLTR
Palantir Technologies Inc.
|
22.71 |
48.03K |
-0.15
-0.66%
|
NVDA
NVIDIA Corp.
|
900.21 |
36.41K |
-3.42
-0.38%
|
|
|
Crypto markets
|
BTC
66,230.828
↓ -4.87%
|
|
|
ETH
3,348.651
↓ -4.46%
|
|
|
BNB
560.916
↓ -2.75%
|
|
|
XRP
0.594
↓ -2.75%
|
|
|
ADA
0.588
↓ -5.33%
|
|
|
SOL
182.164
↓ -5.11%
|
|
|
|
Forex Pairs
|
EUR/USD
1.07434
↑ 0.03%
|
|
|
USD/JPY
151.67101
↑ 0.03%
|
|
|
GBP/USD
1.2569
↑ 0.19%
|
|
|
USD/CHF
0.90855
↑ 0.39%
|
|
|
USD/CAD
1.35572
↓ -0.15%
|
|
|
AUD/USD
0.65113
↑ 0.41%
|
|
|
|
Share the Bell 🙏
|
|
Share Premarket Bell and help everyone in your circle own the trading day!
Or copy your link to share with others:
premarketbell.com/subscribe/{{CONTACT "subscriber_id"}}
|
|
|
