The Latest Breaking News from Robert A Iger

Disney will be making less content—and spending less on what it makes.

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…

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….

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….