The Walt Disney Company (DIS)
5 Things to Know Before the Stock Market Opens
Futures are pointing to a lower open for major indexes as tech stocks fall amid fresh concerns about AI spending; Nvidia shares are losing ground following a report that the chipmaker's plan to invest up to $100 billion in OpenAI could be in trouble; Disney's quarterly results topped Wall Street expectations as investors digest reports about an upcoming leadership transition at the media and entertainment giant; AI software maker Palantir is slated to report results after the closing bell today; and Oracle is planning to raise up to $50 billion this year to finance its AI infrastructure buildout. Here's what you need to know today.
Walt Disney (DIS) Surpasses Q1 Earnings Estimates
Walt Disney (DIS) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.76 per share a year ago.
Disney reeled in record streaming profits, boosted by price hikes
Disney's streaming services reeled in record profits last quarter. The Mouse House was boosted by price increases amid stalled US streaming viewership.
Disney said it took a $110 million hit from its fight with YouTube TV
Disney on Monday revealed the impact of its prolonged carriage dispute with YouTube TV. Disney said the 15-day blackout caused a $110 million hit to its sports division's operating income.
‘Zootopia 2' Has Grossed $630M In China, The Highest Tally There By A Hollywood Film, Disney Says
Zootopia 2 has grossed $630 million in China, the best performance by any Hollywood film in the territory, according to Disney. The company included the stat in its executive remarks about its fiscal first quarter results. The animated sequel had previously been acknowledged as the best U.S.
Walt Disney misses on net profit despite record theme-park revenue
Walt Disney Co. missed expectations on net profit but came in slightly ahead on adjusted earnings per share and revenue.
Disney theme parks help boost earnings above Wall Street forecasts
Walt Disney's theme parks and the movie "Zootopia 2" helped the company beat revenue and earnings estimates for the holiday quarter ending in December.
Disney's Streaming Profit Surges as CEO Decision Approaches
The entertainment company warned that declining international tourism is weighing on its U.S. theme parks.
Disney Reports Solid Quarterly Earnings, Discloses $110M Hit From YouTube TV Carriage Fight
Disney reported solid results for its fiscal first quarter but also disclosed a $110 million hit from an autumn carriage fight with YouTube TV. Revenue for the quarter ended December 27 ticked up 5% from the year-earlier period to reach $25.98 billion. Diluted earnings per share came in at $1.63, excluding certain items.
Disney may soon have a new CEO. Here's who it might be.
The Walt Disney Co. could name a new CEO in the coming days, after reports that Bob Iger will step down before his contract is up at the end of the year.
Disney Earnings Need to Show Parks and Streaming Growth
Shareholders have been keenly focused on Disney's streaming growth as linear TV continues to see declines in viewership.
Disney CEO Bob Iger plans to step down before contract expires at end of year: report
Disney CEO Bob Iger has reportedly told allies that he plans to step down from his post before his contract expires at the end of the year.
