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25.03.26 - 22:49
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OpenAI Discontinues Support for Sora, Winds Down Disney Deal (Bloomberg)
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OpenAI plans to discontinue its Sora AI video generator six months after the high-profile launch of a standalone app for the service, as the company works to simplify its portfolio of artificial intelligence products. The ChatGPT maker and Walt Disney Co. are also winding down their partnership, which had centered on Sora, OpenAI said Tuesday. Disney had previously agreed to license iconic characters including Mickey Mouse and Cinderella to OpenAI for use on Sora and to take a $1 billion stake in the startup. The deal was entirely in stock warrants rather than a cash licensing fee, Bloomberg has reported. Bloomberg News AI Reporter Rachel Metz joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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25.03.26 - 15:54
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4 Consumer Favorites Look Oversold Right Now: Disney, McDonald’s and More (24/7 Wall St.)
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Four household names are now flashing oversold signals. McDonald's (NYSE: MCD), Microsoft (NASDAQ: MSFT), Procter & Gamble (NYSE: PG), and Walt Disney (NYSE: DIS) have each seen their RSI(14) readings collapse below 30 as of March 24, 2026, signaling extreme selling pressure. The underlying businesses are performing well, yet the stocks have been sold down below ... 4 Consumer Favorites Look Oversold Right Now: Disney, McDonald's and More
The post 4 Consumer Favorites Look Oversold Right Now: Disney, McDonald's and More appeared first on 24/7 Wall St.....
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