Disney Stock News

Walt Disney Co (NYSE: DIS ) and Netflix, Inc (NASDAQ: NFLX ) have been trading in long-term downtrends that recently brought the stocks to 52-week lows of $129.26 and $332.30, respectively. The downturn was accelerated when news hit Feb. 24 that Russia had invaded Ukraine, and both stocks have fallen over 9% since that date. Inflation concerns have also weighed heavily on the market and traders and investors will be watching to see how the Federal Reserve plans to handle the soaring costs of living when it releases its monthly minutes on March 17. It is widely expected Fed Chair Jerome Powell will announce a 25bps interest rate increase, but if that number goes higher or if the Fed decides to hold off on hiking rates, volatility could increase as the market attempts to price in unexpected information. For now, both Disney and Netflix are bearish, as neither stock is showing signals the bottom may be in. A short-term bounce is likely on the horizon, as Disney and Netflix are entering into oversold territory.

The former leader of one of the most well-known companies has joined the board of directors of a metaverse company. What Happened: Former Walt Disney Co (NYSE: DIS ) CEO Bob Iger is joining the board of directors of Genies Inc , a company he also invested in. “I was particularly interested in companies that were using technology for disruptive purposes and, where possible, the intersection between technology and creativity,” Iger told The Wall Street Journal. Genies has partnerships with Universal Music Group and Warner Music Group Corp (NASDAQ: WMG ) and has onboarded musicians including Justin Bieber, Rihanna and Cardi B to the platform. Iger was said to be attracted to Genies because of the ability for users to create and sell their own virtual goods. “Imagine, you know, letting someone buy a Mickey Mouse avatar and customizing it in a way that not only would we never allow it before, but it was kind of hard to do in the physical world.” About Genies: Operating with a motto of creating “the fantasy version of you,” Genies offers customizable avatars for its users.

The fall in stocks recently has been on the Russian/Ukraine crisis and worries that global growth is going to be hampered by central banks hiking rate

Walt Disney Co (NYSE: DIS) is rumored to be making…

So, Mickey, Goofy and the gang have joined the war on children’s innocence. If Walt could spin one more time in his grave, it would be now. Walt Disney Company CEO Bob Chapek announced this past week that the entertainment giant has joined the leftist mob opposing a bill backed …

Watch Video Walt Disney Co. is suspending its political donations in Florida after the company''s CEO received huge blowback for not using Disney''s vast influence in the state to try to quash a recently passed Republican bill that would prevent teachers from instructing early grades on LGBTQ issues. The bill has sparked a spat between Florida''s tourism giant and Republican Gov. Ron DeSantis, who accused the company of being friendly with communist China. Disney CEO Bob Chapek on Friday afternoon posted a statement online and sent an email to employees saying the company was wrong to stay silent on the issue before the Republican-dominated Legislature passed what opponents have dubbed the "Don''t Say Gay" bill. Republican lawmakers had argued that parents, not teachers, should be the ones talking to their children about gender issues during their early formative years. The bill bars instruction on "sexual orientation or gender identity" in kindergarten through grade 3. DeSantis, who indicated support for the measure, is now facing calls to veto it during the two weeks he has to do so, but is pushing back against the pressure.

Walt Disney Co. is suspending its political donations in Florida after the company’s CEO received huge blowback for not using Disney''s vast influence in the state to try to quash a recently passed Republican bill that would prevent teachers from instructing early grades on LGBTQ issues.

Since 1997, Plug Power Inc (NASDAQ: PLUG ) has helped businesses optimize their carbon footprints, and over the past 5 years, produced eye-popping returns for investors. Since March 2017, Plug Power stock’s 5-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Tesla Inc (NASDAQ: TSLA ), Ford Motor Company (NYSE: F ), Microsoft Corporation (NASDAQ: MSFT ), Apple Inc (NASDAQ: AAPL ), Walt Disney Co (NYSE: DIS ), Netflix Inc (NASDAQ: NFLX ) and Amazon.com, Inc. (NASDAQ: Full story available on Benzinga.com

Bob Chapek, the CEO of the Walt Disney Company, apologized for the entertainment giant''s silence over Florida''s controversial "Don''t Say Gay" bill and announced a pause in political contributions in the state.

The Walt Disney Co. has apologized to its LGBTQ+ employees for largely remaining silent on Florida''s Parental Rights in Education bill, which has been dubbed the "Don''t Say Gay" bill by activists.

After weeks of internal strife and external controversy surrounding the Walt Disney Company’s lack of public response to the “Don’t Say Gay” legislation in Florida, CEO Bob Chapek announced in a company email on Friday that Disney will pause all political donations in Florida during a restructuring of its political giving framework. Chapek also apologized […]

LOS ANGELES — Walt Disney Co is pausing all political donations in Florida after an employee outcry over legislation that would limit LGBTQ discussion in schools, Chief Executive Bob Chapek said in a memo to employees on Friday. (Reporting by Lisa Richwine; editing by Jonathan Oatis)

The percolating controversy regarding Walt Disney Co. (NYSE: DIS ) on Florida’s “Don’t’ Say Gay” legislation scalded over as Gov. Ron DeSantis fired back at CEO Bob Chapek’s decision to publicly wade into the issue. What Happened: Chapek initially sought to avoid making a public statement on the legislation, which prohibits the discussion of sexuality and gender identity in Florida’s schools until after the third grade, telling shareholders he felt “we could be more effective working behind the scenes, engaging directly with lawmakers on both sides of the aisle.” On Wednesday, Chapek finally broke his silence with a public statement and the announcement that he called DeSantis to express the company’s disappointment with … Full story available on Benzinga.com

Real money investment experts say if Walt Disney Co. can avoid one thing, its next biggest attraction will be ''Profitland.''

Left-wing activists have been blatantly lying about Floridaandapos;s andapos;Parents Rights In Educationandapos; bill that the legislature passed recently. Walt Disney Company CEO recently called Governor DeSantis on the phone to protest the bill which leftists dishonestly call the …