Disney’s weak revenue and profits eclipse the growth of streaming subscribers

Disney’s weak revenue and profits eclipse the growth of streaming subscribers

The home screen of the Disney+ Marvel website on a laptop in the Brooklyn borough of New York, United States, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest media and entertainment companies are asking investors to focus on revenue and profits instead of streaming subscriber growth – a message … Read more

Disney (DIS) earnings Q4 2022

Disney (DIS) earnings Q4 2022

Bob Chapek, Disney CEO at Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Disney missed expectations for profit and key revenue segments during the fiscal fourth quarter on Tuesday and warned that strong streaming growth for its Disney+ platform may slow going forward. The company’s shares fell about 8% in after-hours … Read more

Stock futures move higher as Wall Street awaits the US midterm elections

Stock futures move higher as Wall Street awaits the US midterm elections

Stock futures were slightly higher on Tuesday after a winning day for markets as investors looked ahead to the US midterm elections. Futures linked to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures rose 0.18 percent. Nasdaq 100 futures rose 0.47 percent. Shares of Lyft fell almost 20% before the … Read more

See all of Monday’s big stock calls on CNBC

See all of Monday’s big stock calls on CNBC

Market Movers gathers the best trading ideas from investors and analysts throughout the day. The experts slammed Meta after a Wall Street Journal report suggested the company could start laying off thousands of employees as early as Wednesday. The share price rose more than 6% on the news. Meta is currently held in Jim Cramer’s … Read more

Investor Ron Baron on investing in periods of entropy

Investor Ron Baron on investing in periods of entropy

Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC I began my career as a securities analyst in 1970. It was a turbulent time. The Vietnam War, Watergate, the resignation of President Richard Nixon, the Iran hostage crisis, a recession, inflation, double digit interest rates, tripled gas prices. The only crisis we didn’t have … Read more

Shonda Rhimes, other creators unhappy with Netflix’s new mid-video ads

Shonda Rhimes, other creators unhappy with Netflix’s new mid-video ads

Shonda Rhimes attends the 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the powerhouse producer behind “Bridgerton” and “Inventing Anna,” is among a number of showrunners, creators and writers who have expressed displeasure with Netflix‘s decision to include mid-video ads … Read more

Disney CEO Bob Chapek is preparing for the GOP to become a majority in Congress

Disney CEO Bob Chapek is preparing for the GOP to become a majority in Congress

Bob Chapek, CEO of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California on September 9, 2022. Mario Anzuoni | Reuters Disney is bracing for Republicans to take control of the House as polls show the party leading Democrats in the days before the midterm elections. Disney CEO Bob … Read more

Disney+ subscribers get early access to exclusive merchandise

Disney+ subscribers get early access to exclusive merchandise

In this photo illustration, a close-up of a hand holding a TV remote is shown in front of the Disney+ logo. Thiago Prudence | SOPA images | LightRocket | Getty Images Able to Disney Convert your binge watchers to binge buyers? The company launched a limited test Tuesday to see if its streaming subscribers will … Read more

Fox earnings lifted by ad revenue from Tubi streaming service

Fox earnings lifted by ad revenue from Tubi streaming service

Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 6, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter and noted … Read more

Here’s how 8 Club stocks, also in the Dow, averaged their best month since 1976

Here’s how 8 Club stocks, also in the Dow, averaged their best month since 1976

More than a quarter of the companies in the 30-stock Dow are club teams. That’s how they fared in October, when the average rose almost 14%.