Disney shares fall most since Iger's return after streaming subscriber losses
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Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak
May 15, 2023 8:50 AM EDTSoros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.
Soros purchased... More
Walt Disney (DIS) stock downgraded at Wolfe after Q1 earnings
May 12, 2023 6:20 AM EDTWalt Disney (NYSE: DIS) stock suffered a downgrade at Wolfe Research on Friday as analyst Peter Supino moved to Peer Perform from Outperform.
The analyst noted that the DTC subscriber and linear TV outlooks keep deteriorating, while some positives (e.g.... More
