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Bill Ackman unveiled six new portfolio holdings including Netflix, Visa, and Mastercard, marking his largest investment overhaul in years as he seeks companies with strong earnings growth potential.
A Lake Tahoe shopping mall and hotel owner filed for Chapter 11 bankruptcy protection to avoid a foreclosure auction, citing the property’s importance to the community and its employees.
Disney CEO Josh D’Amaro told CNBC the parks division delivered a “big surprise” last quarter and expressed confidence in the company’s trajectory, citing organizational clarity and team stability nearly six months into his tenure.
Versant Media Group raised its full-year 2026 revenue guidance to $6.2 billion to $6.45 billion, citing strength in digital platforms like Fandango and GolfNow alongside advertising momentum.
Eli Lilly’s second-quarter results sent its stock higher while Novo Nordisk’s shares fell, widening the competitive gap between the two GLP-1 drugmakers in the obesity and diabetes treatment market.
Trump Media & Technology Group reported a net loss exceeding $238 million in its fiscal second quarter, primarily driven by declines in digital assets and cryptocurrency holdings.
