|Bid||117.60 x 800|
|Ask||117.70 x 900|
|Day's Range||114.12 - 117.75|
|52 Week Range||79.07 - 153.41|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||39.51|
|Earnings Date||Aug. 04, 2020 - Aug. 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec. 13, 2019|
|1y Target Est||126.52|
HBO Max made its official entrance into the streaming wars on Wednesday — and its day-one performance highlights how consumers are embracing the new platform.
Disney is relying on a vaccine for the coronavirus to get back to full-fledged operations because so many of its businesses rely on large crowds. Alphabet will benefit when advertisers hurt by the outbreak ramp up spending again. The coronavirus outbreak is causing disruptions in some of Disney's most lucrative operations.
The latest entry into the streaming wars had a less than auspicious beginning, but the numbers need context.
The world's largest theme park operator is upsetting customers by nixing some reservations through the next seven months, but there's a method to the Mouse-ness.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Yahoo Finance's Alexandra Canal breaks down the latest outlook for cable providers as more Americans cut the cord and opt for streaming platforms.
Yahoo Finance's Alexandra Canal breaks down the latest numbers for HBO Max as the platform officially enters a crowded streaming fight.
The successful reopening of its parks is a signal event for Disney and the rest of the world as governments and companies strategize how to move out of lockdown while the novel coranavirus is still a threat. The state also cleared Sea World Entertainment Inc <SEAS.N> to reopen on June 10, said Halsey Beshears, secretary of Florida's Department of Business and Professional Regulation, in a memo sent to officials in Orange County, Florida. When the Disney parks reopen, guests and employees will be required to wear masks and undergo temperature checks.
Yahoo Finance's Alexis Christoforous and Brian Sozzi speak to Steve Cahall, Wells Fargo Analyst, about the future of Disney as parks begin to reopen. Cahall says there is "no better person" to run Disney, than Bob Chapek.
Shares of amusement park operator Six Flags (NYSE: SIX) closed down 11.8% in Thursday trading after getting hit by an "initiation at sell" recommendation from investment heavyweight Goldman Sachs. Six Flags stock closed above $27 in Wednesday trading, but Goldman Sachs says the stock is only worth $22. After declining in price more than $3 Thursday, the stock is already more than halfway to Goldman's target.
Apple's budget iPhone could be a big hit in India, and investors may be too optimistic about Disney's plans to reopen its parks.
Zacks Earnings Trends Highlights: JPMorgan and Disney
Everybody's streaming, and every media company wants in on the fun. Let's look at three players whose secret weapons provide a leg up on the competition.
For the foreseeable future, at least, many of us have nowhere to go and nothing but time on our hands. With this week’s arrival of HBO Max, an overcrowded streaming market becomes even more competitive, particularly here in the United States. Gone are the days of Netflix’s streaming supremacy (at least from a content perspective).
July 11 is when Disney World will start opening its theme parks, but there are arguments to be made for opening sooner -- or much later.
Walt Disney (NYSE: DIS) is now more a stock for day traders instead of buy-and-hold investors, according to one analyst who downgraded the stock to underperform. Imperial Capital analyst David Miller said shares of the entertainment giant have "risen too far too fast" over the past month and a more temperate view of its theme park potential was needed. After hitting $79 a share in March, a level Disney's stock hasn't seen since 2014, the House of Mouse has climbed 53% and is up 21% in the last four weeks alone.
One growth stock that could double your money over the next five years is the low-code software provider Appian (NASDAQ: APPN). Two other promising stocks are leaders in the growing video game industry, Take-Two Interactive (NASDAQ: TTWO) and Glu Mobile (NASDAQ: GLUU). Investors should consider buying shares of Appian.
At the same time, the economy has gotten whacked by the COVID-19 pandemic, and most major economic indicators point to a deep recession. Despite the challenges and the uncertainty for investors in the current market environment, there are still some good deals for high growth stocks that should do well regardless of what happens with the COVID-19 pandemic. Keep reading to see why Roku (NASDAQ: ROKU), JD.com (NASDAQ: JD), and Livongo Health (NASDAQ: LVGO) should be on your buy list.
Carlos A. Gómez has been named Senior Vice President and Treasurer of The Walt Disney Company (NYSE: DIS), it was announced today by Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer. Mr. Gómez will report directly to Ms. McCarthy. He succeeds Jonathan S. Headley who, as announced in February, is retiring after 24 years with the Company.
U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day's advance, with the S&P 500 financial index leading gains among major sectors. Shares of JPMorgan Chase & Co was the leading gainer in the financial index, rising 5.8% as the stock surged for a second day in a row.
AT&T officially entered the streaming wars on Wednesday with the launch of its HBO Max streaming service. CFRA Research Senior Analyst Tuna Amobi joins Yahoo Finance’s Akiko Fujita to discuss how he anticipates the platform to size up to the competition.
HBO Max wants to give consumers choice which is why it will roll out an ad-supported version of its streaming service next year.