Walt Disney stock (DIS) is up more than 7% in Thursday morning’s trading session after the media and entertainment company reported fourth-quarter earnings that sparked hope among investors and analysts alike. The company grew revenue 5.4% year over year to $21.35 billion. This narrowly beat the analyst consensus of $21.33 billion. EPS of 82 [...]
The Walt Disney Company (DIS) is coming off a tough week of letting thousands of workers go, and it appears that a new battle awaits them this week. Monday morning, the Central Florida Tourism Oversight Board unanimously voted that they would sue the entertainment company. This is just the latest in an ongoing political [...]
It’s been a relatively quiet Monday in the stock market - with Disney being one of the few exceptions. This morning, news of an internal shake-up has made waves throughout both the entertainment and financial industries. After 2 years of underwhelming results under CEO Bob Chapek, the company has parted ways and brought back [...]
It’s official - Disney+ has surpassed Netflix in subscribers. Now, take this with a grain of salt - as Disney+ includes ESPN+ and Hulu, two other streaming services the entertainment company owns. Nevertheless, the milestone is an important one - as Disney is poised to take a stronger grip on the streaming space than [...]
