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Now, is that right . David over the past 15 years, one of the most successful ceos in the world has been bob iger. He led disney to its greatest heights, increasing the market value by 400 . He did that through acquisitions of 21st century fox, lucasfilm, pixar, and Marvel Entertainment. Now the question what is he going to do next . During the time that you were the ceo, the stock market value of the company went up about 450 and the market capitalization about 400 during time year period of my big regret is that i didnt back you and buy stock, but you must be very pleased with what you accomplished. Bob proud would probably be the right word to use. I inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. There was a lot of work to do. My goal was to not only improve the company, but to ultimately leave the company in great hands for my successor. David you we ....
I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty big pause. Same story with tesla. Its down 18 . Finally docusign is down about 10 . About 8 today 10 in two days and it reports earnings after the bell. Well have more on that in a moment first, lets get to bob for more on this market sell off today. Bob. Youre right, kelly this is largely momentum driven. Not external news events around the economy or vaccines like that the news has bee ....
French group bucks the trerchd by confirming its dividend bnp says revenue is resilient. Saying the Economic Outlook is difficult. We should look at a return to normaliz normaliz normalized aspects is probably not going to happen this year. The return like in 2019 will not be reached before 2022 new car sales are almost completely wiped out in april, falling 97 . Levels not seen since 1946 as the coronavirus pandemic wipes out consumer demand. A clash of titans wework founder adam neumann takes the fight to softbank for scrapping the 3 billion tender offer that was paurt of a rescue plan for the Office Sharing group a warm welcome to street signs this morning. We are awaiting germanys Constitutional Court ruling on whether they overstepped the mandate purchasing bonds even if the courtrooms in favor of the centra ....
Neil those higher prices are real but if you thought the Biden Administration was about to announce today if they contributed to at least part of those higher prices, get real, welcome, everybody, i am neil cavuto, theres a new inflation moving ahead out there, my friends, Edward Lawrence has a good idea who that might be. Who is it . The white house blaming companies. I should tell you first coming out of the gate, the Federal Reserve just released a report on inflation, their Financial Wellbeing report for households. I dont have to tell you households are struggling, the report found largely things were unchanged in 202223 because the price has already remained high but when you dig deeper into this report you do see that the financial system, 84 of ....