Money

Did Disney just appoint Bob Iger’s successor?

Published

2 years ago

November 7, 2023

In a strategic move aimed at bolstering its financial leadership, Disney has announced the hiring of a seasoned executive from PepsiCo as its new Chief Financial Officer (CFO).

This decision comes as Disney’s former CEO, Bob Iger, faces increasing pressure from activist investor Nelson Peltz’s hedge fund, which has been pushing for changes within the entertainment conglomerate.

The newly appointed CFO, Sarah Johnson, brings a wealth of experience from her previous role as Vice President of Finance at PepsiCo, where she played a pivotal role in managing the company’s financial operations. Johnson’s expertise in finance and her proven track record in a global consumer goods giant like PepsiCo make her a valuable addition to Disney’s leadership team.

The move is seen as Disney’s response to the mounting challenges it faces, including a shifting media landscape, streaming wars, and the ongoing impact of the COVID-19 pandemic on its theme park and entertainment businesses.

With Nelson Peltz’s hedge fund exerting pressure on Disney to enhance shareholder value, the appointment of Sarah Johnson as CFO is expected to signal a renewed focus on financial performance and strategic decision-making within the company.

As Disney navigates these complex waters, shareholders and industry observers are left wondering whether this new addition to the executive team will be enough to appease the hedge fund’s demands and secure the company’s future growth.

Money

U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

Published

12 hours ago

February 6, 2026

Harvey Vargas

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights

Money

Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Published

12 hours ago

February 6, 2026

Harvey Vargas

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker

Money

S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

Published

2 days ago

February 5, 2026

Harvey Vargas

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

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