Jon Najarian on Disney Stock, Energy Prices, and Nuclear Power

Market Movers and Shakers

• ✈️ Boeing saw its stock rise significantly following an announcement of a deal with Uzbekistan for 147 7879 planes, valued at over $8 billion, marking the jet maker's single largest order to date.
• 📈 Gold reached an all-time high of $3,795, with traders anticipating further interest rate cuts from the Federal Reserve after comments from JPAL.

Energy Sector Dynamics

• 💥 Rising energy prices are linked to geopolitical tensions, specifically Russia's proximity to NATO countries like Poland and potential conflicts involving Russian jets in NATO airspace.
• 🛢️ An escalation of conflict with Russia could lead to significantly higher crude oil prices, impacting companies like Halliburton and SLB.

Disney Stock Concerns

• 📉 Jon Najarian advises against buying Disney stock at its current levels, predicting it will fall further, citing an estimated $8 billion market cap loss since a controversial statement made by Jimmy Kimmel.
• 📺 The controversy surrounding Jimmy Kimmel's remarks, and the subsequent decision by Sinclair and Nextstar not to carry his show, has impacted Disney's affiliate reach and is seen as a significant financial drain, especially with Kimmel's contract up for negotiation.

The AI Trade and Nuclear Energy

• 💡 The AI trade continues to be a strong market trend, with significant interest in data center development.
• ⚛️ Nuclear energy, particularly small modular reactors (SMRs), is highlighted as a substantial growth area, with companies like NuScale Power (SMR) seeing rapid stock appreciation due to demand from data centers and small cities.
• 🇫🇷 France's leadership in safe, secure, and clean nuclear power is also noted as a positive indicator for the sector.