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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Friday, 10 February 2023
Description: US equity markets retreated, reversing earlier session gains - Dow fell -249-points or -0.73%, unwinding an earlier rally of over >300-points. Walt Disney Co fell -1.27% after the entertainment giant topped fiscal first-quarter expectations, and Chief Executive Bob Iger announced significant restructuring plans after the close of the previous session. Activist investor Nelson Peltz also called time on his proxy fight against Disney. Salesforce Inc rose +2.38% following news after the close of the previous session that a fifth activist investor, Third Point LLC, had acquired a stake in the company. The broader S&P500 -0.88%, giving up an earlier ~0.9...