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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.
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