Disney Denies Report It Plans to Sell ABC Amid Broader Media Shakeup
- Major US stock indexes climbed Thursday, led by gains in Yum China Holdings.
- GE stock jumped as investors reacted positively to the company's cash position.
- Visa stock fell on news of a share exchange proposal, seen as a buying opportunity.
- AI chipmaker ARM faces pressure to expand its AI capabilities to boost growth.
- Adobe stock declined despite strong earnings driven by AI products.