– Coinbase slid 6.8% in premarket trading, with the cryptocurrency exchange's shares falling in the wake of rival FTX's bankruptcy. A Bank of America analyst said Coinbase is not another FTX, but faces headwinds amid overall skepticism about the cryptocurrency market. – The food producer's stock jumped 3.3% in the premarket after beating Wall Street's top and bottom line estimates for its latest quarter.
China stocks – Shares of China-based companies are under pressure after three Covid-related deaths were reported in Beijing over the weekend, the first reported since May. The overall number of Covid cases in China is on the rise as well.
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Bob Iger to return as CEO of Walt Disney Company, board announcesFormer Chief Executive Officer Bob Iger will return to that position with the Walt Disney Company, the board announced Sunday. 🥸
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Bob Iger returns as CEO of Walt Disney Company, board announcesJUST IN: Former Chief Executive Officer Bob Iger will be returning to that position with the Walt Disney Company, the board announced Sunday. Good maybe they will lose the woke garbage as focus on family entertainment. Harvey Weinstein approves this message.
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