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The Latest Breaking News from DIS

Disney Dumps Metaverse Aspirations. That Was an Easy Decision

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.

Barchart

Is Disney a Good Stock to Buy Right Now?

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…

StockNews.com

Is It Time to Buy or Sell Disney Stock in 2023?

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…

StockNews.com

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1 Entertainment Stock to Watch Right Now and 2 to Avoid

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.

StockNews.com

1 Entertainment Stock to Own in 2023 and 2 to Sell if You Haven’t Already

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…

StockNews.com

Is Disney Stock a Buy or Sell in 2023?

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….

StockNews.com

Stock Market Hits Brick Wall; DraftKings Makes Leaders List

DraftKings has joined the IBD 50 leaders list but the gambling site is still expected to lose money.

Investors Business Daily

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Dow Jones Futures Rise As Disney Jumps; Why This Market Rally Still Looks Healthy

The market rally fell Wednesday as Google dived, but it still looks healthy. Disney leads overnight earnings movers.

Investors Business Daily

Disney Earnings Top, Disney+ Subscribers Fall; Iger Cuts 7,000 Jobs; Peltz Ends Proxy Battle

Disney earnings fell less than views in Q1 late Wednesday. The Dow giant will cut 7,000 jobs with Bob Iger back in charge. DIS stock rose late.

Investors Business Daily

Activist Investors Make A Run At 9 Companies — Can You Score Too?

Fed-up activist investors are making a run for S&P 500 companies like Disney. Could this be the push needed to drive better returns?

Investors Business Daily

Disney Stock Rises On New Chairman; Nelson Peltz Plots Proxy Fight

Disney stock rose Thursday after appointing Nike's chairman to lead its board. But a proxy battle with activist investor Nelson Peltz looms.

Investors Business Daily

1 Entertainment Stock to Watch Right Now and 2 to Avoid

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…

StockNews.com

Is Disney Stock Now a Buy Following Robert Iger’s Return as CEO?

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….

StockNews.com

Decision made in Neymar court case over controversial Barcelona transfer

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

Daily Mirror

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Asharq Al-Awsat

Spanish Court Acquits Neymar in Fraud Trial

A Spanish court has acquitted soccer star Neymar and his fellow defendants in a fraud and corruption trial related to the Brazilian’s 2013 transfer from Santos to Barcelona. The plaintiff, Brazilian company DIS, had accused Neymar, his father, and the former presidents of Santos and Barcelona of having intentionally hid…

The Independent UK

Spanish court acquits soccer star Neymar in fraud trial

A Spanish court has acquitted soccer star Neymar and his fellow defendants in a fraud and corruption trial related to the Brazilian’s 2013 transfer from Santos to Barcelona

StockNews.com

1 Risky Stock You Might Not Want to Touch Right Now

StockNews.com

The Best Entertainment Stock to Buy Right Now and 3 to Avoid

Record-high inflation has impacted the entertainment industry adversely, with consumers cutting back on their discretionary spending. However, the industry’s long-term prospects look promising with continued technological advancements. While we think it could be wise to avoid fundamentally weak entertainment stocks, Walt Disney (DIS), Warner Bros. (WBD), and Dolphin Entertainment (DLPN),…

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Investors Business Daily

Market Rally Advances; Bob Iger Back At Disney, Retail Earnings Mixed: Weekly Review

The market rallied in a holiday-shortened week, with the S&P 500 nearing a key level. Bob Iger is Disney CEO once again.

Investors Business Daily

Stock Market Red To Start The Week; Disney Sees Hope; Tesla Hits New Low

The stock market is down slightly to start a shortened trading week. Disney long-time CEO Bob Iger returns to salvage Disney. Crypto exchange stock plunges.

Investors Business Daily

Disney Stock Jumps With Return Of Bob Iger

Disney stock leapt premarket Monday after the Dow Jones giant announced Bob Iger is returning as CEO to replace current chief Bob Chapek

Zenger

Disney+ Hits 164.2 Million Subscribers As It Plans For Price Hike

Media giant The Walt Disney Company reported fourth-quarter and full-year financial results after market closed on Tuesday

Benzinga

Check Out What Whales Are Doing With DIS

A whale with a lot of money to spend has taken a noticeably bearish stance on Walt Disney. Looking at options history for Walt Disney (NYSE:DIS) we detected 38 strange trades.

Benzinga

Disney's Stock Suffers Double Trouble With Ron DeSantis Win, Earnings Miss

Media giant The Walt Disney Company (NYSE: DIS) reported fourth quarter financial results after market close Tuesday.

Benzinga

Disney Q4 Earnings Highlights: Revenue And EPS Miss, Disney+ Hits 164.2 Million Subscribers And More

Media giant The Walt Disney Company (NYSE: DIS) reported fourth-quarter and full-year financial results after market close Tuesday. Here are the key highlights.

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