AJ Bell
Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.
Adam Kovacevich
US plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
10-for-one stock split
Nvidia’s split of soaring stock could boost retail investor appeal, Dow chances
Nvidia shares were soaring 10% afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report.
advertising partner
Reddit stock jumps after OpenAI partnership
Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to draw in more users for the social media platform.
ad dollars
Pinterest slides as smaller players battle for share of ad market
Pinterest dropped over 10% in a sign that smaller social media platforms could be losing the battle to bigger players for ad dollars.
Advertisers
Analysts predict more brands will flee X after Musk tirade
More advertisers are likely to flee Elon Musk’s social media platform X after the billionaire lashed out at some of the biggest names in the media industry.
AI copilots
OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman is set to join backer Microsoft in a surprise turn of events for the startup.