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2024-06-13 09:23:10 ET Summary Disney reported strong Q2 results with underlying profitability improvements overshadowed by a $2.1 billion goodwill impairment. Multiple successes such as profitable DTC business along with great performance by the experiences division suggest Disne...
2024-06-12 09:45:00 ET Summary Alphabet Inc. faced controversy over AI tool Gemini, generating historically inaccurate images with extreme political leanings. CEO Sundar Pichai addressed internal culture issues and emphasized the importance of objectivity in providing information....
2024-06-12 06:10:00 ET Summary The Morningstar Wide Moat Focus Index ended May, trailing the S&P 500 Index by nearly 9% thus far in 2024. The S&P 500 Equal Weighted Index is now trading at levels relative to the market cap-weighted S&P 500 Index that haven’t bee...
2024-06-11 05:53:41 ET Tesla ( NASDAQ: TSLA ) regained its position as the most shorted large-cap U.S. stock in May, according to a monthly report issued Tuesday by data and tech firm Hazeltree .... Read the full article on Seeking Alpha For further details see: ...
2024-06-09 19:39:40 ET More on AMC Entertainment, Disney, etc. Disney: 3 Reasons To Buy The Drop Paramount: Unpacking The Skydance Merger Proposal Warner Bros. Discovery: Moving Guidance From Buy To Hold, Q2 Results Okay But No Game Changers Warner Bros. Disc...
2024-06-07 17:15:00 ET Nelson Peltz is out. The activist investor who was trying to turn Walt Disney (NYSE: DIS) around has reportedly sold his shares of the company for $120 apiece, earning a profit of approximately $1 billion on the entertainment stock. After losing a proxy ...
The Walt Disney Company Kicks Off Global Celebration Honoring 90 Years of Donald Duck PR Newswire BURBANK, Calif. , June 7, 2024 /PRNewswire/ -- Today, The Walt Disney Company kicked off a special company-wide campaign celebrating 90 years of Donald Duck with...
2024-06-07 09:26:05 ET Summary AMC Networks is facing challenges in its core business, leading to declining revenue and profitability. The company's streaming services, including AMC+, show potential for growth and hidden value. Shares of AMC Networks are attractively priced, ...
2024-06-06 11:55:00 ET Media stocks aren't getting a lot of love these days. A transition away from the legacy media cash cow to the financially challenging realm of digital delivery has cooled investor interest in the industry. However, don't dismiss the chances for the kings of content to...
2024-06-06 00:35:04 ET Summary Disney's direct-to-consumer business is improving, with subscriber growth and increased average revenue per user for Disney+. The company's operating income in the direct-to-consumer segment has turned positive lately, reaching a major milestone. ...
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2024-06-29 08:00:00 ET Shares of The Walt Disney Company (NYSE: DIS) have taken investors on a less-than-magical thrill ride in recent times. The stock is up 13% in 2024, but also down 17% from its 52-week high set in March -- and far below the heights it reached in early 2021. ...
2024-06-26 23:30:03 ET UBS analyst issues BUY recommendation for DIS on June 26, 2024 09:14PM ET. The previous analyst recommendation was Buy. DIS was trading at $102.18 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst reco...
2024-06-26 08:15:00 ET It's summertime, and this is a special time for Walt Disney (NYSE: DIS) and its domestic theme-parks business. Its gated attractions are open year-round, unlike smaller regional amusement-park operators with only seasonal availability, but turnstile clicks ten...