now to what the disney board shakeup means for nike remember, mark parker was ceo at nike for 14 yearsown in 2020 and shares climbed more than 850% during his tenure. siemian siegel is here now if he's leaving disney, could that mean he's refocused on nike >> i'm still stuck with you've never been to disney >> maybe once when i was a 12. >> so soon-to-be great to see you, kelly. what was so interesting is, in the press release, and i'm not a lawyer, but it was very clear as they were walking mark out that they flagged he's the executive chair of nike, followed by he's leaving to focus on his other areas. if we believe mark is taking a bigger hand in the business as elliott steps in, that's great what's really interesting, what i'm learning is it's all a small world, because there was ars reminding us that tim cook is on the board, as well >> yes >> so it feels like there's a nice team that may be stepping in to help someone who has been at nike his entire life, engendering a tremendous amount of excitement but has never been ceo yet. now maybe he has this team like, we have your back.

on the succession plan >> reporter: big news today, two-pronged news the news number one is that mark parkerer and nike executive chairman, will be stepping off the board as disney's chairman and will be replaced by james gorman who just joined the disney board last year and has been more recently been running the succession committee mark parker will leave and likely focus more of his time on nike which has been struggling the second piece of news is it disney formalizing it will name bob iger in early 2026 that is later than what disney targeted based on my own reporting which was some time likely in the early to middle stages of 2025 it gives the board moore time to potentially name a successor to bob iger we'll have to wait longer until we know who the heir apparent to bob iger is as disney's ceo. >> diana olick, tell us what's going on in the home builders today? inguess it has to do with rising yields >> it's not rocket science the average rate jumped 14 basis points this morning, and it's now 71 basis points higher than the day before the fed cut its rates. names like lennar drhorton

caroline: mark parker retires, james gorman to the help.ake us back to the ceo and who are the names in the running internally and maybe externally. felix: i think it's the four direct reports to iger, head of parks, head of tv, head of movies, head of espn. kremlinologists at disney, everyone is speculating who is up, who is down. the company has done a good job of keeping the cuts close to its vest. if there is a leading candidate, it hasn't gotten out. i don't think this move changes that at all. ed: we want to wait a few weeks until disney has earnings, but based on post-netflix, how is disney doing right now? felix: disney has had a good last year, when you think about the recent emmys, the strongest emmy performance of the company's history on the tv front, winning with "shogun." "inside out 2" did well. parks have been a little more mixed. there is a lot of open questions about the company's future, but it's been a little bit better especially on the entertainment side. ed: felix gillette out in new york city, thank you so much. caro

he will replace mark parker, who will depart the board. now, mr.r, former ceo of nike, as you might imagine, given the changes at that company, is going to be more involved again from what i hear, and i think that's an expectation. >> that's what i hear too. >> he's going to have more of his time taken up with sort of -- >> he was so great. >> -- pitching in at nike as they have gone through their own leadership change there. and then, early '26 is when you're going to hear who bob iger's replacement will be. two years from now is really when we're going to be talking about the coming transition at disney in terms of leadership. but conceivably, we're going to know who is going to be that person in early 2026. we don't cover this stuff as closely, but in hollywood, i guess they're just endless rumors and discussion about who it's going to be, and they're trying to tamp that down by saying it's going to be a little while. >> why rush his replacement? i told you, i've -- i think that hugh johnson lent a level of stability as cfo. i do think that we h

. >> write that down >> and james gorman will replace mark parker as chairman starting in january igerserved also ceo from 2005 until early 2020 the stock skyrocketed in that time he turned over the reins to bob chapek, but the stock dropped during his time on the job iger returned in november 2022 shares up 5% since his contract is set to expire at the end of 2026, so, there will be that year of transition taking a long time, but we are there. and gorman is looked upon as an excue or the he does his job and had successful succession plan recently >> no question you think about the next few quarters in disney, it's hard to really understand where the catalysts are. there's very little to get excited about, and barring some kind of an acquisition that i think is going to be risky, die vest sure of espn, which at times has been a catalyst, at times we think there might be some value there the irony, dtc now valuable, park business with headwinds it took the stock from $120 to $90. this stock has been dead money for a couple of years. i feel comfortable owning it it have owned it and it's

january 2nd, 2025, is when mark parker will depart the board.'s going to focus on other areas. i'm told that is nike related. a lot of struggles with nike naming a new ceo by itself. >> hey there, alex. one question for you is given the james gorman moving into the chairman role does that indicate that when bob iger steps down and the replacement is stepping up, that it would be unlikely for bob iger to move into a chairman-like role? >> yeah. >> or chairman role? >> another thing i'm told no decision has been made with bob iger in terms of what happens when his contract runs out. his contract as ceo does not run out until december 31st, 2026. so if the new ceo is named in early 2026, that gives them, you know, a series of months of runway there where iger can sort of transition out as ceo, but it's possible bob iger would stick around on the board and maybe then be elevated to the chairman of the board. so we don't know that yet. >> james gorman, so everybody is aware, has been heading up the succession planning for bob iger and that committee

our correspondent jessica parker is in kyiv. markthe secretary—general of the nato defensive military alliance. and he said he wanted to make it crystal clear that nato stands with ukraine. for kyiv, that show of solidarity will always be welcome, but i was at the press conference earlier with mark rutte and president zelensky. in terms of president zelensky, you could detect a bit of frustration seeping through there with certain allies, certain partner countries, particularly this issue of long—range missiles. ukraine has been seeking permission but hasn't got permission yet to use western—made long—range missiles on military targets inside russia. now, president zelensky took his case to the us last week, where he met with president joe biden. he restated his case again today and linked ukraine's need for more weapons and need for weapons to recent ukrainian losses on the battlefield. this week, ukrainian troops had to pull out in a town called vuhledar in the donetsk region. and he acknowledged this today, president zelensky. i a

political correspondent and msnbc political analyst, ashley parker, and staff writer with "the atlantic," and msnbc political contributor, mark leibovich. ashley, 32 days to go, we see both candidates in swing states. what do you see as the most important question each of them has to answer for voters for the next month? >> reporter: that's a great question, and it's sort of what's stunning to me, and when you say voters, is how small the group of voters they are trying to answer that question for is. and those persuadable voters who don't exactly look quite similar. although, they are both trying to win over younger voters as defined as under 60 and those in both campaigns, more heavily male. for someone like vice president harris, a lot of things we hear voters say about her is they want to know more about her. and in talking to a ton of experts, part of that, they say, can be sort of a latent, subconscious sexism or bias that female candidates are held to a different bar and different standards than their male counter parts, and part of that they say actually in this piece is very legitimate. nobody pays attention to vice

that will strengthen ukraine. 0ur ukraine correspondentjess parker has been telling me more about what's behind the nato chief's visit to kyiv. marko secretary general, the head of that defensive military alliance — he's trying to make a point by coming to ukraine, coming to kyiv, holding a press conference in his first week to show that, as far as he's concerned, that relationship remains strong. and he's talked already this week about ukraine and support for ukraine being a priority. but i was at that press conference, i got the opportunity to ask mr rutte — who, of course, was formerly the dutch prime minister — people in ukraine, they don't want sort of symbolic gestures, they want concrete steps. and a lot of people are now looking ahead to an upcoming meeting of what's called ramstein — it's a defence contact group where weapons supplies to ukraine are discussed. and i asked him quite specifically whether he thought there could be a decision that has long been waited for here on whether ukraine might get authorisation to use western—made long—range missiles on military targets inside russia. and he replied, saying that ukrai

do all we can to defend it. 0ur ukraine correspondentjess parker has been telling me more about what's behind the nato chief's visit to kyiv. mark is concerned that relationship remains strong and he has already talked this week about ukraine and support for ukraine being a priority. i was at that press conference and i got the opportunity to ask mark rutte who was formerly the dutch prime minister, people in ukraine don't want symbolic gestures, they want concrete steps and a lot of people are now looking ahead to an upcoming meeting of what is called ram strain a defence contract group weight weapons are discussed and i asked him specifically whether he thought they could be a decision that has long been waited for and whether ukraine might get authorisation to use western long—range missiles on military targets inside russia. he replied saying that ukraine has the right to defend itself, that russia is pursuing an illegal war and he talked about how targeting jets and missiles before they can be used on infrastructure in ukraine can save lives but it's up to individual allies. save lives but it's up to individualallies. so sa

across europe, question marks if we will see another cut in play or how the market will focus in at the moment. pretty divergent according to bob parkerho we talked on to earlier today. here is the look at the markets. all in the red then. down .3% is the cac 40. you see .50% weaker out of the dax in germany. weakness in the markets. we are focusing in on the banking story with the likes of commerzbank and unicredit and ubisoft is in play, so far. we will watch if you see tensent g coming into that one. saudi arabia wealth fund is looking to get in the stock. does gaming come in focus for the short-term. here are the sector gainers and and losers. on the upside, household goods finding some uptick. we wondered if the luxury players would maintain the stance of finding gains. so far, so good. .10% higher for the banking is to bes stocks. the rest of the market is losers. here's what they look like an hour after the market begun opening. real estate down 1.2%. even autos losing some. last week, we had focused on the auto story because deliveries seem to be working further. downgrading future prospects. it doesn't seem like the market is