DIS May 2024 105.000 call
| Previous Close | 6.70 |
| Open | 9.00 |
| Bid | 7.75 |
| Ask | 10.20 |
| Strike | 105.00 |
| Expire Date | 2024-05-03 |
| Day's Range | 8.05 - 9.00 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 300 |
Yahoo FinanceDisney stock falls as company attempts to make streaming business profitable
Disney reported its fiscal second quarter earnings before the bell on Tuesday. Here's what to know.
Yahoo FinanceWhy Disney's Bob Iger called Netflix 'the gold standard' in streaming
Disney CEO Bob Iger praised his biggest streaming competitor after detailing plans about his company's upcoming crackdown on password sharing.
- Yahoo Finance Video
Disney+, Hulu streaming services reach profitability for first time
Disney (DIS) shares are under pressure following mixed second quarter results. Yahoo Finance's Alexandra Canal joins Morning Brief to break down the entertainment giant's latest earnings report. The company's direct-to-consumer entertainment segment, including Disney+ and Hulu, reached profitability for the first time, partly attributed to CEO Bob Iger's turnaround efforts. The company also announced it expects its total direct-to-consumer segment to be profitable by the fourth quarter, pointing to an upcoming crackdown on password sharing that may drive subscriptions. However, the parks and cruise businesses are slowing, and the company softened its third quarter guidance as consumer spending remains relatively low. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
