Disney shares are close to doing something they haven't done in more than three months.It's been more than three months since shares of Walt Disney (DIS 0.36%) closed in the double digits. "Can Disney stock stay above $100 this time?" I wondered then. So far, so buoyant, but with the media giant's shares drifting back to the century mark, it's a matter worth revisiting.If Disney buckles below $100 again, is it a buying opportunity or a red flag? The stock is still beating the market this year with its 14% g ...

Just because the S&P 500 hit a new all-time high doesn't mean all stocks are expensive.The S&P 500 just reached a new all-time high and the Dow Jones Industrial Average broke the 40,000 level for the first time ever. However, in this video, Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe talk about two stocks they recently bought that could be excellent long-term opportunities.*Stock prices used were the morning prices of May 17, 2024. The video was published on May 18, 2024. ...

PARIS, FRANCE - APRIL 29: A view from Disneyland Paris, which welcomes millions of visitors as ... [+] Europe's largest amusement park, is busy despite the rainy weather in Paris, France on April 29, 2024. (Photo by Serap Aydin/Anadolu via Getty Images)Anadolu via Getty ImagesDisney stock currently trades at $103 per share, about 49% below its pre-inflation shock high of about $202 seen on March 8, 2021. The sell-off has been driven by several factors. Disney’s streaming business has been witnessing slowing ...

At this point in the economic cycle, investors are rewarding companies that are getting lean and mean. Disney (NYSE:DIS) is among the media giants that has been among the most aggressive in terms of cutting costs, with recent Disney layoffs at the company’s Pixar division affecting roughly 175 employees at the firm.This move to cut 14% of Pixar’s staff is significant, especially when one considers the demand for content production still remains high. Coming off the pandemic, when many movies were halted, as ...

Pixar Animation Studios, which produced such classic films as Toy Story and Up, began laying off about 14% of its workforce on Tuesday as it scales back development of original streaming series, according to a source familiar with the development.Approximately 175 people will be affected by job cuts at the Walt Disney Company unit.The animation studio had hired additional staff to create original series as the former Disney CEO Bob Chapek pushed each of the company’s creative units to produce exclusive cont ...

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A bicyclist rides past the entrance to the Pixar Animation Studios headquarters in Emeryville, California, U.S.Long-expected layoffs are hitting Pixar Animation Studios today.Pixar will lay off about 175 employees, or around 14% of the studio's workforce, a spokesperson for parent company Walt Disney told CNBC. The cuts come as CEO Bob Iger works toward his overarching mandate to focus on quality content, not quantity.Layoffs hit other Disney businesses last year, but Pixar's cuts were delayed because of pr ...

Pixar Animation Studios, the studio behind such classic films as “Toy Story” and “Up,” began laying off about 14% of its workforce Tuesday as it scales back development of original streaming series, according to a source familiar with the development.Approximately 175 people will be impacted by the job cuts.The studio behind such classic films as “Toy Story,” above and “Up,” began laying off about 14% of its workforce. APThe animation studio had ramped up production of original series as former Walt Disney ...

UPDATE: The Pixar Animation Studios cuts we previously told you about months ago are now commencing, we hear. The number of those let go number around 175 or 14% of the staff. This is largely due to the scaling back of direct-to-consumer series. After the brand post Covid has yet to truly yield a five-quad hit, all eyes are on Inside Out 2 opening over Fathers Day weekend June 14-16. Of the big movies which are expected to work this summer to hundreds of millions of dollars, it’s this one by director Kelse ...

Wildfires are raging in Western Canada right now. This is a huge reminder that weather has become much more unpredictable due to climate change. El Niño got going around June. Experts say we tend to witness the warming a year later. Cue the wildfires.“Basing it on the El Niño at the beginning of the year, and then seeing how things are working out this year, it suggests that 2024 is going to be almost the same as 2023,” the CBC reported comments from Gavin Schmidt, director of NASA’s Goddard Institute for S ...