Previous Close | 51.96 |
Open | N/A |
Bid | 58.45 |
Ask | 59.25 |
Strike | 165.00 |
Expire Date | 2024-07-19 |
Day's Range | 51.96 - 51.96 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
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
Disney (DIS) shares are moving this morning after the media titan's fiscal second quarter earnings topped estimates. The earnings were helped by two of the company's streaming services, Disney+ and Hulu, which showed a profit for the first time. Shares of Rivian (RIVN) are jumping this morning after a report from the DigitTimes suggested Apple (AAPL) was considering teaming up with an EV maker, which could be Rivian. Yahoo Finance trending tickers include Celsius Holding (CELH), Lucid Group (LCID), and Boeing (BA). Key guests include:9:45 a.m. ET - Hugh Johnston, Disney CFO10:30 a.m. ET - Anthony Pompliano, Pomp Investments Founder11:30 a.m. ET - Stan Chia, Vivid Seats CEO11:40 a.m. ET - Nate Checketts, Rhone CEO
Canada's main stock index opened higher on Tuesday, pulled up by communication stocks, while investor ...