Plus: Disney's proxy fight comes to an end (for now); Intel's Foundry business gets zero love from the Street; *Insert pun about weed stocks going higher*; and much more.
I think it is possible that the benefits of the $70B will take a little longer. I have supported biotech projects for almost two decades and it is probably one of the longest life cycles from innovation to profits. Even acquisitions can only cut that by so much. Covid was unusual and there will be consequences for a long time due to the haste.
I am glad Iger won this battle! I voted in his favor. The guy has a great track record, and I simply don't doubt his leadership. He is the best guy Disney can wish for.
I think it is possible that the benefits of the $70B will take a little longer. I have supported biotech projects for almost two decades and it is probably one of the longest life cycles from innovation to profits. Even acquisitions can only cut that by so much. Covid was unusual and there will be consequences for a long time due to the haste.
Interesting chart on the 1 month Nasdaq 100 Ryan
I am glad Iger won this battle! I voted in his favor. The guy has a great track record, and I simply don't doubt his leadership. He is the best guy Disney can wish for.
Loved his book but not sure he's been amazing for Disney over the last few years. Lets just blame Bob Chapek for that. lol
Great company for long-term.