Disney stock jumped after hours after the media giant announced a major restructuring that would help focus the company on streaming. Meanwhile, Apple shares gained more than 6% for its best day since July as investors await the launch of the latest iPhones. And Amazon gained nearly 5% as its sixth annual Prime Day gets set to kick off. Plus we’re Trading the Vote as we count down to the election, and bringing you a surprising take on what a Biden win might mean for the oil markets. 

Shares of IBM jumping after the company said it would spin off its IT infrastructure unit and focus on the cloud, while Morgan Stanley is upping its investment management game with the purchase of Eaton Vance. And why a merger between two of the world’s biggest oil companies could unlock real value.