1. “Disney Inks Deal to Combine Hulu + Live TV Business into Fubo”
Disney announced plans to merge its Hulu + Live TV service with Fubo, creating the second-largest online pay-TV provider in North America. Disney will hold a 70% majority stake in the new venture, which is expected to generate $6 billion in revenue and serve 6.2 million subscribers. The merger aims to offer consumers greater choice and flexibility, potentially paving the way for a new sports streaming service. Hulu + Live TV will continue through the Hulu app, while Fubo maintains its extensive live sports streaming service. This strategic move reflects Disney’s focus on strengthening its streaming offerings.
New York Post
2. “Trump Denies Tariff Shift Amid Market Rally Led by Nucor and Freeport-McMoRan”
Reports suggested that President-elect Donald Trump might impose tariffs on industries crucial to national security, such as defense and energy. Although Trump denied these reports, the stock market responded positively, with companies like Nucor and Freeport-McMoRan leading the S&P 500 rally. The proposed tariffs aimed to protect strategic industries without causing widespread inflation, potentially benefiting sectors like steel, copper, and solar panels. Investors remain attentive to potential policy shifts that could impact various industries.
Investors.com
3. “Trump Announces $20B U.S. Investment by Emirati Businessman”
President-elect Donald Trump announced a $20 billion investment by Emirati billionaire Hussain Sajwani’s company, DAMAC Properties, to build data centers in the United States. These data centers are expected to support growing demands in artificial intelligence and cryptocurrency sectors. Sajwani, a longtime business associate of Trump, emphasized that Trump’s election victory inspired this investment. The development highlights the potential for significant foreign investments in U.S. infrastructure under the new administration.
AP News
4. “Nvidia and Other Tech Stocks Propel Wall Street Higher”
Rising technology stocks, particularly Nvidia, contributed to gains in the S&P 500 and Nasdaq Composite, marking the second consecutive day of increases. This rally indicates investor optimism in the tech sector, which continues to drive market growth. For small business owners, especially those in tech-related fields, this trend suggests a favorable environment for innovation and investment.
MyNews13
5. “Wall Street Week Ahead: U.S. Jobs Report Poses First Big Stocks Test of 2025”
Investors are closely monitoring the upcoming U.S. jobs report, which poses the first significant test for the stock market in 2025. A stable labor market could reinforce confidence in the economy and influence investment decisions. Small business owners should pay attention to employment trends, as they can impact consumer spending and overall economic health.
Reuters