Tag Archives: Disney

US stocks climbed higher, shrugging off a sobering Federal Reserve statement that warned of rising inflation and economic uncertainty. Fueled by optimism over upcoming US-China trade talks and standout earnings from companies like Disney, the Dow Jones and S&P 500 posted solid gains. The Fed’s decision to hold rates at …

Wall Street was only concerned about one thing, according to Disney’s Q2 results report: the company’s shares dropped as much as 11%. Disney told investors that its streaming division will turn a profit by the end of its fiscal fourth quarter, reported better-than-expected profits, and only slightly missed revenue targets. …

On Friday, the stock market rallied, continuing its upward trajectory for a third week. Despite a weaker-than-expected jobs data for April that heightened investor expectations for a rate decrease by the Federal Reserve later this year, this bullish feeling persisted.What is driving the US stock market?Wall Street is generally cheering …

The S&P 500 opened at a new all-time high above 5,000, with the Technology Sector being the best-performing major sector. The S&P 500 index rose 0.33% to trade at 5,014.3, while the Dow Jones decreased 0.18% to 38,657.35. The Nasdaq gained 0.95% to trade at 15,944. Applied Materials Inc is …

Disney (DIS) delivered robust fiscal first-quarter earnings on Wednesday, outperforming analyst expectations and announcing a significant boost in its cash dividend. The company’s streaming losses narrowed, further buoying investor confidence. Earnings Beat and Fiscal Outlook Adjusted earnings per share stood at $1.22, surpassing analyst estimates of $0.99, as polled by …

On Wednesday, US equities rose sharply as investors processed new quarterly profit data, while the ongoing discussion about whether to drop interest rates continued to rumble beneath the surface. The S&P 500 increased by more than 0.7%, while the Dow Jones Industrial Average increased by 0.4%. There was over a …

Disney revealed impressive Q4 results, with theme park revenue continuing to rise and profits exceeding estimates. But there was cause for concern regarding a drop in ad revenue, mostly from Disney’s ABC Network and other owned TV stations. With an additional $2 billion in cost-cutting measures, the company intends to …

Big media firms have a conundrum, as evidenced by Disney’s quarterly earnings report: traditional TV still makes money but is losing ground, while streaming is expanding but remains unprofitable. In the third fiscal quarter, adjusted earnings per share decreased to $1.03, a 6% decrease from the same quarter the previous …

Disney revealed its quarterly business results for the fourth fiscal quarter, which came in below expectations. Earnings per share: 30 cents versus Refinitiv’s forecast of 55 cents Revenue: $20.15 billion compared to forecast of $21.24 billion Number of Disney Plus subscriptions: up 12.1 million to 164.2 million at the end …

On Wednesday, third-quarter earnings beat analysts’ forecasts and revenue topped expectations. Walt Disney announced earnings per share of $1.09 on revenue of $21.5B. Walt Disney shares are down 27% from the beginning of the year, still down 40.02% from its 52 week high of $187.58 set on September 9, 2021. …