The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.
The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday's job report.
Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.
On May 2, the Writers Guild of America went on strike against the Alliance of Motion Picture and Television Producers (AMPTP) due to labor disputes primarily regarding streaming service residuals and
Disney CEO Bob Iger has brought back two former executives who were potential heirs to the top spot before ill-fated Bob Chapek got the job, according multiple news sources.
Walt Disney Co (NYSE: DIS) has reportedly rehired Tom Staggs and Kevin Mayer – its former executives who were once seen as potential successors to Bob Iger.
U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.
The executives, Kevin Mayer and Tom Staggs, have been brought on to advise Iger on how to steer the company's legacy television businesses, including sports network ESPN and ABC, Puck News reported Mo
Disney reports its fiscal third-quarter results next week. There's a lot riding on the new report.

Is Disney Stock Ready to Bounce Back?

10:15am, Monday, 31'st Jul 2023
This weekend's "Barrons" cover story argues that Disney is an opportunistic buy at current levels. Disney stock is trading for 17x next year's projected earnings.
Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the weekend box office, the state of the Hollywood strikes and their impact on production, and more.
Seven days after Greta Gerwig's “Barbie” and Christopher Nolan's “Oppenheimer” conspired to set box office records, the two films held unusually strongly in theaters. “Barbie” took in a ma
"Barbie" is minting tickets and dollars at the box office. Disney's latest "Ant-Man" disappointed.

Why Is the Market Bearish On Disney Stock?

07:15am, Saturday, 29'th Jul 2023
Disney parks are printing money, and the company has the third-largest streaming service in the world. Why can't it get any love from the market?
The ruling allows the oversight district to pursue its case that seeks to void "backroom deals" favorable to Disney that were struck with a prior district board earlier this year.
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