00:00 Speaker A
some of today’s trending tickers. going to start here with Coinbase.
00:03 Speaker A
Those shares rising as the stock gets a lift over at JP Morgan. That firm upgrading the stock to an overweight rating from neutral.
00:11 Speaker A
JP Morgan noting monetization opportunities for Coinbase through the potential issuance of a token for its base blockchain and its possible enhancement of USDC payouts.
00:24 Speaker A
Alaska Air Group hitting some turbulence here. The airline resuming operations after it had to ground its planes for hours because of an information technology outage.
00:36 Speaker A
The outage led to the cancellation of more than 229 flights. The disruption comes as the company also reported worse than expected quarterly results.
00:43 Speaker A
Alaska Air postponed an earnings call planned for Friday and said it doesn’t have an estimate of the financial impact for the latest disruption.
00:53 Speaker A
And lastly, the countdown is on for Disney and YouTube TV to reach a new distribution agreement that is set to expire next week.
01:03 Speaker A
Disney warning customers that its networks including ESPN and ABC may be dropped from YouTube TV if the two parties can’t reach a new deal.
01:13 Speaker A
Google’s YouTube TV putting out a statement this week that without an agreement, they will have to remove Disney’s content, and if it remains unavailable for an extended period of time, YouTube TV will offer subscribers a $20 credit.
