In section Market Quotes
Communications-services shares advanced after investors returned to Meta Platforms and Alphabet following selloffs tied to earnings and the U.S. midterm elections. The sector roundup also brought leadership changes at SiriusXM and DC Studios, the Warner Bros. unit now under Skydance’s ownership.
SiriusXM named Anjali Sud chief executive, effective Jan. 1. She will succeed Jennifer Witz, who is leaving the top job after almost 25 years with the subscription-based radio company. Witz will remain in an advisory role through the end of 2027, SiriusXM said.
Sud has served on SiriusXM’s board since March 2025 and is currently chief executive of Tubi, where she has overseen the company’s expansion.
Skydance has also changed leadership at DC Studios, which produces films and television shows based on Warner-owned characters such as Superman, Batman and Wonder Woman. The company ousted director James Gunn and producer Peter Safran as the studio’s leaders and named former Marvel Studios producer Jeremy Latcham to take charge. Skydance also owns Paramount Pictures.
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