Disney, the media giant, saw an increase in its stock price on Wednesday as investors eagerly awaited the company's earnings report. The cause of this optimistic market reaction can be attributed to the recent partnership between Disney-owned ESPN and Penn Entertainment. However, upon closer inspection, it becomes apparent that this deal may not be as favorable as it initially … [Read more...] about Disney’s Partnership with Penn: Questions and Concerns
Partnership
XPeng’s Partnership with Volkswagen Boosts Stock
The recent announcement of a partnership between Chinese electric-vehicle maker XPeng and Volkswagen has caused a stir on Wall Street. As a result, XPeng shares have seen a surge in upgrades from analysts. Earlier this week, VW announced that it is investing $700 million in XPeng and collaborating on the development of electric vehicles (EVs) in China. This promising deal … [Read more...] about XPeng’s Partnership with Volkswagen Boosts Stock
