Why Is Disney (DIS) Stock Up 9% Today?

09:39am, Thursday, 08'th Feb 2024
Disney (NYSE: DIS ) stock is getting a boost on Thursday after the entertainment company released its earnings report for its fiscal first quarter of 2024. Disney reported adjusted earnings per share
Hugh Johnston, Walt Disney Co. Chief Financial Officer, talks about efforts to cut costs, forming a new streaming service with Fox Corp. and Warner Bros. Discovery, and fending off challenges from act
Stock futures dipped slightly in premarket trading on Thursday as investors digested earnings from entertainment giant Disney and chip designer Arm.
Disney is betting big on what's hot in pop culture right now -- namely, Taylor Swift, Epic Games' popular "Fortnite" vide game and football -- to set the stage "for significant growth and success," ac
On Wednesday, Wall Street rallied as investors analyzed a fresh wave of quarterly earnings reports, while the discussion regarding the timing of potential interest rate cuts remained a talk of the tow
Tom Rogers, Oorbit Gaming executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Disney's quarterly earnings results, the company's Epic Games investment, CEO Bob Iger's perf
Walt Disney Co.'s stock has languished in recent years, but now the company is acting with “urgency” to tackle a critical goal.
Disney is investing $1.5 billion for an equity stake in Epic Games, in its biggest jump yet in the gaming sector. CNBC's Arjun Kharpal discusses what potential products the partnership could yield.

Don't Buy fuboTV Stock on the Disney-Fueled Dip

07:20am, Thursday, 08'th Feb 2024
Disney, Fox, and Warner Bros. Discovery are forming a new joint venture that will launch a sports-centric streaming service later this year.
John Hodulik, Media and Telecom Analyst at UBS, discuss Disney's earnings report.
In 2017, Epic Games was among a handful of companies selected to participate in Walt Disney's Accelerator incubator program, where the game company's founder held ambitions of incorporating the entert
The resilience of the U.S. economy has been a surprise to Wall Street, and the Federal Reserve, for well over a year now, and the latest GDPNow estimate from the Atlanta Fed suggests the first quarter

Disney's Moves Give Bob Iger a Sporting Chance

05:30am, Thursday, 08'th Feb 2024
Strong results, Epic investment and new sports superapp lessen the case for activist challenges.
Walt Disney Company shares were up 7% in premarket trade early Thursday after a jam-packed earnings report.
Disney on Wednesday reported higher than expected profit in the final three months of last year as it strives to adapt to a shift from television to streaming.
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