Disney magic for Dow | Banking with Google? | Trade deal doubts

The Dow hit a record high on Wednesday, boosted by a spike in Disney stock after a successful launch of Disney+.

VIEW IN BROWSER | SUBSCRIBE WED, NOV 13, 2019 EVENING BRIEF AS OF WED, NOV 13, 2019 • 04:03 ET DJIA 27783.59 +0.33% +92.10 S&P 500 3093.97 +0.07% +2.13 NASDAQ 8482.10 -0.05% -3.99   Most Active DOW NAME LAST CHG %CHG DIS 148.76 +10.18 +7.35% AAPL 264.47 +2.51 +0.96% PFE 36.60 -0.37 -1.00% S&P 500 NAME LAST CHG %CHG AMD 37.52 +0.81 +2.21% GE 11.29 -0.13 -1.14% DIS 148.76 +10.18 +7.35% NASDAQ NAME LAST CHG %CHG AMD 37.52 +0.81 +2.21% AAPL 264.47 +2.51 +0.96% SIRI 6.88 -0.05 -0.72% EDITOR'S NOTE Today's record high in the Dow Jones Industrial Average was brought to you by Disney.   Stock of the entertainment giant rose more than 7% during trading Wednesday, and as one of the 30 Dow components, it lifted the index to yet another all-time high. The Dow ended the day higher even after news broke of more snags in U.S-China trade dealings.   Disney shares have more upside to go, according to Credit Suisse, which upgraded the stock Wednesday. The move followed the launch of Disney+ and an announcement that the new streaming service has already reached 10 million subscribers.   It's an impressive start for Disney+, which costs $6.99 a month or is offered free to some Verizon customers. Still, it's likely to remain dwarfed by Netflix for some time to come.  Everything streams through the internet, mixing the business models of companies that used to stay in their lanes.   Google has just announced plans to offer checking accounts, but it's not to compete with banks, writes CNBC's Kate Rooney. It's to compete with Amazon in gathering consumer data.   With data being the new oil, many big tech firms are headed this way, including Apple with its new credit card. Whoever gets the most data wins.   Navigating the world of financial products such as credit cards can be confusing. That's why we launched CNBC Select where we simplify the process by crunching the numbers, reviewing dozens of offers and providing you with all the information you need in one place. Click here to learn more. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow jumps to another record on the back of Disney Fed's Powell says interest rates unlikely to change as long as growth continues Diplomat Bill Taylor reveals Trump discussed Biden probe with EU ambassador day after July 25 Ukraine call Disney+ surpasses 10 million sign-ups since launch Investors see a market plunge if Warren wins the election. Many said the same about Trump in 2016 Google is getting into banking to take back the business it lost to Amazon US-China trade talks hit snag over agriculture purchases, other issues, according to report Elizabeth Warren buys CNBC commercial time to blast billionaires in a fiery new campaign ad 'Brands don't need Amazon.' Nike's departure could prompt others to leave, analysts say SmileDirectClub shares tank as much as 20% after first earnings report since IPO fails to impress     TOP VIDEO Here's why Google wants to get into banking   CNBC PRO Credit Suisse raises Disney price target, subscriber estimates after strong Disney+ debut   SPECIAL REPORTS Top-performing industrial stock could rally another 25% before hitting a wall, trader says As the value-growth battle rages, this sector is winning on both sides, says trader   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS