This week on Prof G Markets, Scott and Ed open the show by discussing Disney’s latest round of layoffs, why a private equity firm is taking Walgreens private, and Ontario’s decision to cancel its Starlink contract. They then analyze BlackRock’s decision to buy the ports on either side of the Panama Canal, breaking down why it could be a highly profitable move. They also discuss what Apple’s newest product launches reveal about the state of the company. Scott explains why he’s begun offloading his Apple stock, while Ed makes a prediction about where shares are headed in the next six months.
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Timestamps:
00:00 - Today's number
00:27 - Today's episode
04:52 - Market Vitals/Headlines
05:42 - Disney layoffs
11:33 - Walgreens going private
19:30 - Ontario and Starlink
24:54 - Ad break
26:25 - BlackRock’s $23B Bet on the Panama Canal
34:42 - Break
36:14 - Has Apple Lost Its Mojo?
48:43 - Week ahead
48:52 - Prediction
49:59 - Credits
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Headlines:
Disney Cuts Nearly 200 Jobs at ABC News and Entertainment Networks
https://www.hollywoodreporter.com/business/business-news/disney-abc-news-layoffs-538-shut-down-1236155190/
Walgreens Nears Roughly $10 Billion Deal to Go Private
https://www.wsj.com/business/deals/walgreens-nears-roughly-10-billion-deal-to-be-go-private-ee07f2fa
Ontario Rips Up Starlink Deal, Plans To Add Energy Surcharge In Response To Tariffs
https://ca.finance.yahoo.com/news/lcbo-removing-u-alcohol-shelves-151619817.html
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