Disney Invests $1B in OpenAI
Description
The S&P 500 and Dow hit new highs while Nasdaq lagged as Oracle dropped 11% on AI spending concerns with Broadcom falling 6% despite beating expectations and revealing Anthropic as its $10B customer; Lululemon CEO steps down with shares surging 9% while Costco crushed forecasts with record Black Friday digital sales; Disney invested $1B in OpenAI allowing users to create content with 200+ Disney characters on Sora.
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