Bull run projected for tech stocks in 2024 due to AI spending, according to Ives. Anticipating aggressive M&A dynamics with a surge in software deals. Apple might consider ESPN for strategic take over. Cybersecurity and AI central to potential stock surge.

ESPN is 80% owned by Disney and 20% by Hearst.
ESPN is the most expensive channel carried in this country. It costs $9.50 per cable subscription, or close to $13 per when you figure in all of the other ESPN properties.
Disney stock is down almost 19% from its 52-week high and it is spending close to $9 billion to buy the remainder of Hulu from Comcast, which owns NBC. It was at $189 a share less than three years ago and now trades for $96.
ESPN is a channel and brand name, not a network. It does...

Analyst Shaun Kelley notes ESPN Bet's top 2 position in free iOS apps draws customers. Encouraging signs emerge from co-marketing deals, possibly generating a 6-7% online sports betting share for PENN. Each 1% share equals about $2 per PENN stock. A $30 price aim is seen as modest, considering ESPN Bet's $7-$15 potential per share range.

The alliance with ESPN is expected to expand PENN's digital ecosystem and drive re-engagement with the customers. Management anticipates compelling cross-sell opportunities from the ESPN BET partnership.