The Walt Disney Company and Sony Pictures Entertainment have announced a significant licensing deal. Within the agreement, Disney receives US streaming and TV rights to the films Sony will release from 2022 to 2026.
The Dow Jones Industrial Average jumped 316.01 points or 0.93% to 34,137.31 as the US stocks rebounded from a two-day loss. Along with the Dow Jones, the S&P 500, the Nasdaq Composite, and the Russell 2000 all surged on the 21st of April.
Global software company UiPath Inc saw a 23% spike in its shares after its initial public offering on the 21st of April. UiPath pulled in $1.34 billion in its market debut, representing one of the largest US software IPOs ever.
