Wall Street Breakfast Fubo combines with Disney's Hulu + Live TV
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Jan 6, 2025 A major merger between FuboTV and Disney's Hulu + Live TV aims to capture a growing customer base, igniting a massive stock boost for Fubo. The podcast also analyzes the shifting landscapes in finance, focusing on stocks like NVIDIA, Boeing, and Amazon. Meanwhile, significant corporate moves, including Uber's $1.5 billion share repurchase and Citi’s strategic investments, highlight the changing market dynamics. It's a gripping dive into the latest business developments and their implications.
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FuboTV and Disney Merger
- FuboTV and Disney's Hulu + Live TV will merge, creating a new venture.
- This new entity will serve over 6.2 million North American customers, with Disney holding a 70% stake.
Fubo Settles Litigation
- Fubo settled litigation with Disney, ESPN, Fox, and Warner Brothers Discovery for $220 million.
- The deal includes a new carriage agreement featuring Disney's networks and ESPN+.
NVIDIA's AI Dominance
- Stiefel considers NVIDIA its top pick for AI-accelerated computing.
- NVIDIA's strong leadership is expected to persist with the Blackwell architecture ramp in 2025.