Disney (DIS) trades at 13.7x earnings vs Netflix’s 28.5x. Needham analyst says a media re-rating could double the stock from current levels.
MercadoLibre (MELI) is discontinuing Mercado Coin on April 17, 2026, ending its proprietary crypto rewards program while keeping its $38M bitcoin position.
Oracle (ORCL) stock jumped 4.8% after announcing mass layoffs as part of a $50B AI spending initiative. Restructuring expected to cost $2.1B in severance.
Bitfarms (BITF) CEO confirms plan to liquidate all BTC holdings, transition to AI data centers, and rebrand as Keel Infrastructure by April 2026.
Snap (SNAP) surged 13% after Irenic Capital revealed a 2.5% stake and urged CEO Evan Spiegel to cut costs, pivot to AI, and reconsider Spectacles.
Finance
Disney (DIS) trades at 13.7x earnings vs Netflix’s 28.5x. Needham analyst says a media re-rating could double the stock from current levels.
MercadoLibre (MELI) is discontinuing Mercado Coin on April 17, 2026, ending its proprietary crypto rewards program while keeping its $38M bitcoin position.
Oracle (ORCL) stock jumped 4.8% after announcing mass layoffs as part of a $50B AI spending initiative. Restructuring expected to cost $2.1B in severance.
Bitfarms (BITF) CEO confirms plan to liquidate all BTC holdings, transition to AI data centers, and rebrand as Keel Infrastructure by April 2026.
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