Disney posts fiscal first quarter results with steady EPS
The Walt Disney Co reports profit and revenue for the first quarter of fiscal 2024. Wall Street expects 99 cents per share, matching a year ago, as Iger’s cost cuts and expansion actions shape investor sentiment. The stock has fluctuated in 2023 but sits near its level since Iger’s 2022 return. The Federal Reserve’s consumer borrowing snapshot shows December borrowing rising about 12 billion, with total credit hitting a record 5.01 trillion after November’s gain.
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Landmark NLRB ruling praised for college athletes' future
Quoted statement lauds a landmark NLRB decision set to improve the lives of college athletes for generations, signaling a major shift in labor standards and protections across collegiate sports.
Wall Street Edges Higher as Bond Market Calms
Stocks broadly rose with the S&P 500 up 0.2 percent and the Dow 0.4 percent. The Nasdaq gained 0.1 percent as GE HealthCare Technologies posted better than expected profits and Palantir Technologies continued to surge on AI optimism.
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Chiefs seek back-to-back titles as Mahomes eyes history
Patrick Mahomes said nerves accompany Super Bowl week as Kansas City seeks a third title, aiming to join the all time elite with a possible fourth win. The Chiefs face a 49ers underdog matchup with Smith County records noting the elder Mahomes arrest. Jackson Mahomes faces separate legal cases amid growth in distractions surrounding the family.
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