Since returning as CEO in November 2022, Bob Iger has been cutting costs and steering Disney toward improved profitability.
U.S. stocks have continued to charge higher in September, shrugging off strong seasonal headwinds, a jumbo Federal Reserve interest-rate cut and lingering uncertainty surrounding a close-fought U.S.
On Friday, the Dow Jones Industrial Average hit a new record high as traders processed fresh data indicating ongoing progress in curbing inflation.