The Latest Breaking News from DIS

As the battle for market dominance in the streaming sector rages on, the lack of hit shows this year has put streaming companies on the back foot. So, will it be worth looking at streaming stocks Walt Disney (DIS), Paramount (PARA), and Roku (ROKU)? Read on to learn my view.

Disney is due to report earnings on May 5th after the closing bell. The Barchart Technical Opinion rating is a 56% Sell with a Strengthening short term outlook on maintaining the current direction.

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

Entertainment giant Walt Disney (DIS) recently notched its 52-week low of $84.07. The stock is expected to be on a downward trajectory as the company grapples with higher streaming expenses, fears of declining consumers’ discretionary spending, and other macroeconomic headwinds. However, given DIS’ solid revenue growth in the first quarter…

Media and entertainment giant Walt Disney (DIS) reported fiscal 2023 first-quarter financial results, beating on the top and bottom lines. However, amid the high cost of streaming, eroding consumers’ discretionary spending, and other macroeconomic challenges, the company’s near-term prospects look bleak. Let’s find out if investors should buy or sell…

Despite the macro issues, consumer spending on entertainment services remained stable, especially in the digital space. While we think investors might consider adding quality entertainment stock Comcast (CMCSA) to their watchlist now, Walt Disney (DIS) and Dolphin Entertainment (DLPN) could be best avoided. Keep reading.

The entertainment industry has been under pressure due to macroeconomic headwinds. Moreover, the industry is struggling amid the ad recession, which is marring growth. However, the industry’s long-term prospects look bright as it is evolving with new technologies. While we think fundamentally strong entertainment stock AMC Networks (AMCX) might be…

Amid a sudden change at the helm and challenged by losses in its streaming business, Disney (DIS) has a lot of near-term uncertainties to deal with. Let’s discuss why the stock might be best avoided now. Read on….

The entertainment industry’s long-term outlook looks promising due to constant evolution in response to changing consumer consumption patterns, technological advancements, and new business practices. Hence, we think it could be wise to add AMC Networks (AMCX) to your watchlist. However, with the record-high inflation tempering discretionary consumer spending, fundamentally weak…

Last month, Walt Disney (DIS) announced the return of Robert A. Iger as CEO, replacing Bob Chapek. This lifted investor sentiment surrounding the stock. However, does that mean the stock is a buy now? Read on to find out….

Brazilian star Neymar, now at Paris Saint-Germain, has been cleared of wrongdoing following a complaint by a company who claimed to own 40 per cent of his rights